$1,424 Closing Credit¹
#20240093182, Alex H Saad, Listing Office: RE/MAX Team 2000
$119,900 List price
5050 Three Mile Dr Detroit, MI 48224
$1,424
Closing credit¹
2 full
2,127 sqft
0.1 acres
$56 / sqft
Multi-Family
Property details
About 5050 Three Mile Dr
Lovely brick Tudor multifamily home in Detroit featuring timeless curb appeal and great potential for homeowners or investors alike! This classic property offers two spacious units, each with two bedrooms and a full bath, perfect for versatile living or rental opportunities. The first-floor unit welcomes you with dark hardwood floors, beautiful wood trim, and elegant coved ceilings, plus a cozy natural fireplace as the centerpiece of the living room. Upstairs, the second unit boasts a partially updated interior with fresh touches, along with a large, bright kitchen. Both units feature generously sized kitchens ready for your personal flair. A shared basement offers extra storage and laundry space. Situated just minutes from Downtown, you'll be close to all the best restaurants, nightlife, and city amenities. Welcome Home!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusComing Soon
Size2,127 sqft
BasementYes
Lot size0.11 Acres
Year built1928
ParkingTwo Car Garage
MLS #20250029160
Garage2 spaces
Active DateMay 02, 2025
Summary
- Full Bathrooms: 2
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Two Car Garage
- Exterior: Lighting
- Architectural Style: Duplex, Tudor
- Heating: Forced Air, Natural Gas
- List Price: $119,900
- Price/SqFt: $56
- Annual Tax Amount: $1,478
- Tax Year: 2024
- Directions: South of Chandler Park Dr. & West of Outer Dr.
- Year Built: 1928
- Living Area: 2,127 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 20250029160
- MLS Name: Realcomp II Ltd
- Office Name: Good Company
- Office Phone: (248) 733-5811
- Listing Agent: Jim Shaffer
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: 5/1/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$119,900
5050 Three Mile Dr
$1,424
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 25, 2019 | Home Sold | $390,000 |
| Jun 25, 2019 | Home Sold | $75,000 |
| Jul 06, 2018 | Home Sold | $35,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $26,600 | $1,478 |
| 2023 | $21,000 | $1,478 |
| 2022 | $18,800 | $805 |
| 2021 | $15,100 | $805 |
| 2020 | $14,000 | $1,070 |
| 2018 | $10,700 | $1,070 |
| 2017 | $9,900 | $454 |
History based on county public records data.
Nearby schools
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
0.8 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
1.4 mi
•15425 Kercheval Ave
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 $48,456. Typical income of Detroit, MI residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
33%
<35k
43%
35k-100k
21%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
26%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 5050 Three Mile Dr in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,127 square foot home, which was built in 1928, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $119,900.
In March 2025, from all listings sold in Detroit, MI there were more than 91 sold above asking price, over 203 sold below and more than 81 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 14.9% between February and March 2025. In March 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $89,542.
From Rocket Homes Real Estate and based on county public records data.