$174,900

5025 Somerset Ave Detroit, MI 48224

$2,077
Closing credit¹
2 full
1,772 sqft
0.1 acres
$99 / sqft
Multi-Family

Property details

About 5025 Somerset Ave

This updated Detroit duplex offers an excellent opportunity for both investors and owner-occupants, conveniently located near downtown Detroit, major freeways, and shopping centers. The property has undergone improvements, including a brand-new roof installed between 2024 and 2025, and a new furnace and hot water tank set to be installed before the appraisal in 2025. Updates extend throughout the home, featuring newly installed electrical and PVC plumbing systems completed in 2024. Each unit comes equipped with brand-new appliances, including a refrigerator, stove, oven, and range microwave, providing added convenience for tenants. A recently added privacy fence enhances outdoor comfort and security. The duplex brings in $700 per month with the upper one-bedroom unit renting and the lower two-bedroom unit brings in $1,200 per month. With all major systems updated and solid rental income history, this turnkey property is a smart, low-maintenance investment in one of Detroit’s resurging neighborhoods.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusComing Soon
Size1,772 sqft
BasementYes
Lot size0.11 Acres
Year built1929
MLS #20251003378
Active DateJune 02, 2025

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Attached Garage: No
  • Architectural Style: Duplex
  • Heating: Forced Air, Natural Gas
  • List Price: $174,900
  • Price/SqFt: $98
  • Annual Tax Amount: $1,717
  • Tax Year: 2024
  • Directions: Warren Rd between Alter and Outer Drive
  • Year Built: 1929
  • Living Area: 1,772 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 20251003378
  • MLS Name: Realcomp II Ltd
  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: Elijah Cook, Dashayla Walker

IDXDisclaimer: 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: 6/1/2025, 10:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5025 Somerset Ave, Detroit, MI 48224 - view of front of property with brick siding

$174,900

5025 Somerset Ave

$2,077

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 23, 2024
Home Sold
$29,000
Oct 03, 2019
Home Sold
$89,900

Tax history

YearAssessmentProperty Tax
2024$31,700$1,717
2023$24,900$1,717
2022$21,000$938
2021$18,000$938
2020$16,700$1,372
2018$13,100$1,372
2017$12,200$974

History based on county public records data.

Nearby schools

1

Marvin L Winans Academy Elementary School

Public Charter KG-5

1.0 mi

9740 McKinney St

1

Wayne Elementary School

Public District PK-5

1.2 mi

10633 Courville St

6

George Defer Elementary School

Public District KG-5

1.3 mi

15425 Kercheval Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,021. The majority of Detroit, MI residents have income less than $<35k annually. The majority of families are single, with kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

71%
<35k
20%
35k-100k
9%
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
42%
Single, with Kids
8%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
14%
12-17 yrs old
23%
18-34 yrs old
31%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 5025 Somerset Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,772 square foot home, which was built in 1929, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $174,900.

While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. The number of listings in Detroit, MI increased by 13.4% between March and April 2025. In April 2025 median list price was $90,000 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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