#20250014464, Benjamin Ness, Alex Lauer, Listing office: Clyde Realty LLC
$65,000 List price
10551 Somerset Ave Detroit, MI 48224
3 beds
1 full
1,186 sqft
0.1 acres
$55 / sqft
House
Property details
About 10551 Somerset Ave
INVESTMENT OPPORTUNITY! Don't miss this excellent opportunity to acquire a cash-flowing rental property that offers both immediate income and long-term growth potential. Act quickly as properties like this are in high demand among savvy investors! Current renter is paying $825 per month and property has C of C. Please do not approach the tenants.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,186 sqft
BasementYes
Lot size0.11 Acres
Year built1940
ParkingOne Car Garage, Detached
MLS #20250013684
Garage1 space
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: One Car Garage, Detached
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $65,000
- Price/SqFt: $54
- Annual Tax Amount: $1,859
- Tax Year: 2024
- Directions: Grayton and Balfour
- Year Built: 1940
- Living Area: 1,186 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 20250013684
- MLS Name: Realcomp II Ltd
- Office Name: Imagine Home Realty
- Office Phone: (313) 456-9898
- Listing Agent: Gregory White
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 12:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 26, 2019 | Home Sold | $20,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $37,500 | $1,859 |
| 2023 | $30,200 | $1,859 |
| 2022 | $24,300 | $2,702 |
| 2021 | $19,700 | $2,702 |
| 2020 | $18,300 | $1,272 |
| 2018 | $14,300 | $1,272 |
| 2017 | $11,700 | $1,266 |
History based on county public records data.
Nearby schools
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
0.3 mi
•9740 McKinney St
1
Wayne Elementary School
Public District PK-5
0.5 mi
•10633 Courville St
1
Carleton Elementary School
Public District PK-5
0.6 mi
•11724 Casino St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,301. The most common annual income of people living in Detroit, MI is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
45%
<35k
42%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
31%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
White Castle
Jack In The Box
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
#20251017856, Darlene Jackson, Listing office: Max Broock, REALTORS®-Birmingham
#20240059125, Benjamin Ness, Alex Lauer, Listing office: Clyde Realty LLC
#50181984, Lisa Wild, Listing office: EXP Realty LLC
#20250036426, JDonovan Smith, Listing office: Golden Key Realty Group LLC
6 days on Rocket
#20251019433, Kenneth F Evans, Listing office: Reach Realty Group
#20251014591, Justin S Ford, Listing office: EXP Realty Plymouth
#20251016625, Adriana Lopez valadez, Mujtaba Sanad, Listing office: Keller Williams Legacy
#20251001658, Adriana Lopez valadez, Mujtaba Sanad, Listing office: Keller Williams Legacy
#20251014609, Andrew Kolic, Justin S Ford, Listing office: EXP Realty Plymouth
Frequently asked questions
About 10551 Somerset Ave
The listing price of 10551 Somerset Ave property is $65,000.
The property 10551 Somerset Ave is a house located in Detroit, Michigan, 48224.
Active Listing: 10551 Somerset Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10551 Somerset Ave are: Marvin L Winans Academy Elementary School (GreatSchools Rating 1/10), Wayne Elementary School (GreatSchools Rating 1/10), Carleton Elementary School (GreatSchools Rating 1/10), Marvin L Winans Academy Middle School (GreatSchools Rating 3/10), Ronald Brown Academy (GreatSchools Rating 1/10), Brewer Academy (GreatSchools Rating 1/10), Denby High School (GreatSchools Rating 2/10), Capstone Academy Charter Schoolmayfield (GreatSchools Rating 1/10), East English Village Preparatory Academy at Finney (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,859 (source: MLS/based on county public records data).
The last sale was on February 26, 2019 for $20,000 (source: MLS/tax record).
The property at 10551 Somerset Ave has 3 bedrooms and 1 bathroom.
The property 10551 Somerset Ave is 1,186 SqFt (source: MLS/tax record).
The year of construction for 10551 Somerset Ave is 1940.
This home is located at 10551 Somerset Ave in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,186 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $65,000.
Detroit, MI housing market in June 2025 saw over 79 listings sold above listed price, more than 74 sold at listed price and over 144 sold below. The inventory of homes for sale in Detroit, MI between May and June 2025 increased by 16.7%. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $92,746.
From Rocket Homes Real Estate and based on county public records data.