2545 Cabot St Detroit, MI 48209
Property details
About 2545 Cabot St
This well-maintained 7-unit property is a fantastic investment, with 5 units currently rented and generating steady cash flow. The property offers a mix of 3 one-bedroom units and 4 two-bedroom units, providing great rental versatility. Don’t miss the opportunity to tour this income-producing asset today!
Highlights
Summary
- Full Bathrooms: 7
- Basement: Yes
- Attached Garage: No
- Architectural Style: Townhouse
- Heating: Forced Air, Natural Gas
- List Price: $425,000
- Price/SqFt: $82
- Annual Tax Amount: $1,923
- Tax Year: 2024
- Directions: East Of Dix Ave And North Of Vernor Hwy
- Year Built: 1923
- Living Area: 5,170 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 20251008809
- MLS Name: Realcomp II Ltd
- Office Name: DOBI Real Estate
- Office Phone: (248) 385-3350
- Listing Agent: Douglas Rahaim, Thomas Holzer
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: 6/16/2025, 7:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
2545 Cabot St
$5,047
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 19, 2023 | Home Sold | $400,000 |
| Mar 30, 2022 | Home Sold | $275,000 |
| Mar 29, 2022 | Home Sold | $157,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $77,400 | $1,923 |
| 2023 | $60,300 | $1,923 |
| 2022 | $52,100 | $1,923 |
| 2021 | $42,600 | $1,923 |
| 2020 | $37,700 | $1,916 |
| 2018 | $27,200 | $1,916 |
| 2017 | $26,700 | $1,906 |
History based on county public records data.
Nearby schools
2
Bennett Elementary School
Public District PK-5
0.3 mi
•2111 Mullane St
2
Harms Elementary School
Public District PK-5
0.6 mi
•2400 Central St
4
Salina Elementary School
Public District PK-3
0.8 mi
•2700 Ferney 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 $21,625. Typical income of Detroit, MI residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
White Castle
Jack In The Box
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Frequently asked questions
About 2545 Cabot St
The listing price of 2545 Cabot St property is $425,000.
The property 2545 Cabot St is a multi located in Detroit, Michigan, 48209.
Active Listing: 2545 Cabot St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2545 Cabot St are: Bennett Elementary School (GreatSchools Rating 2/10), Harms Elementary School (GreatSchools Rating 2/10), Salina Elementary School (GreatSchools Rating 4/10), Salina Intermediate School (GreatSchools Rating 3/10), Cesar Chavez Middle School (GreatSchools Rating 2/10), Neinas Dual Language Learning Academy (GreatSchools Rating 2/10), Way Academy Vernor Site (GreatSchools Rating 1/10), Cesar Chavez High School (GreatSchools Rating 5/10), Universal Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,923 (source: MLS/based on county public records data).
The last sale was on July 19, 2023 for $400,000 (source: MLS/tax record).
The property 2545 Cabot St is 5,170 SqFt (source: MLS/tax record).
The year of construction for 2545 Cabot St is 1923.
This home is located at 2545 Cabot St in Detroit, MI and zip code 48209 in the Springwells neighborhood. This 5,170 square foot home, which was built in 1923, sits on a 0.08 acre lot. Features: 7 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $425,000.
Over 85 listings were sold over their listed price in May 2025 in Detroit, MI. In the same period over 169 listings were sold below the listed price and 74 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between April and May 2025 increased by 12.1%. While the average time on the market in May 2025 was 48 days, the median list price was $90,022.