5533 Sheridan Street
Detroit, MI, 48213 $ 225,000
Bedrooms4 Baths3.0 Sq 2,300 Monthly Estimate*
$ 1,554
for $225,000 with 4 bedrooms and 3 full baths. This 2,300 square foot home was built in 1929 on a lot size of 0.09.
LAND CONTRACT AVAILABLE, no bank loan or appraisal needed. Owner-occupant terms: 22,500 dollars down, 360 monthly payments of 1,852.35 dollars, 10.5 percent APR. Payment excludes taxes and insurance, so the actual payment will be higher. Other terms available. Classic brick Colonial, approx. 2,300 sq ft, 4 bedrooms, 3 full baths, sold as-is with the big items done: roof approx. 4 yrs old, central air approx. 1 yr old, newer furnace and water heater, updated kitchen with granite, new cabinets and stainless appliances. Main floor: living room with wood-burning fireplace, dining area, bedroom with adjoining full bath. Upstairs: 3 more bedrooms incl. primary suite with walk-in closet and dual-sink bath, plus a large bonus room. Unfinished basement, screened deck. Remaining work: upper gutters, flashing and siding at part of the soffits, trim, drywall patching and paint, several interior doors, stair railing and porch paint. Seller estimate 7,000 to 15,000 dollars, buyer to verify.
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FeaturesInteriorInterior Amenities HighSpeedInternet
Basement Unfinished
Fireplace Features Electric LivingRoom
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2300.0
Half Baths 0
Total Bedrooms 4
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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GeneralSewer PublicSewer
Heating Electric ForcedAir
Cooling CentralAir
Possession AtClose
Appliances BuiltInElectricOven Dishwasher Disposal Dryer FreeStandingElectricRange FreeStandingRefrigerator Microwave
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1929
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name GALLAGHERS
Garage Y/N N
Total Rooms 9
Full Baths 3
Status Active
Directions E Palmer St to south on Sheridan St
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2328.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 24347
Expected Active Date 2026-11-10
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. W SHERIDAN 46 GALLAGHERS SUB L44 P49 PLATS W C R 17/489 35 X 110.13
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ExteriorParking Features NoGarage
Water Source Public
Foundation Details Basement BrickMortar DrainageSystem
Spa N
Lot Dimensions 35 x 110
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByMelissa A SochaListing Agent
Modern Way Realty LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,554
- Monthly Property Taxes
- $194
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $134,668
Percent of Sale Price 40%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/10/2026 | $225,000 | | Listed Price |