Backup offers
$1,603 Closing Credit¹
#20250010149, Jaleissa Speight, Listing Office: National Realty Centers, Inc
$145,000 List price
5271 Drexel St Detroit, MI 48213
$1,722
Closing credit¹
2 full
1,892 sqft
0.08 acres
$77 / sqft
Multi-Family
Property details
About 5271 Drexel St
Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy. There are many property highlights that would catch the eye of any savvy investor. This duplex has modern upgrades each unit has been recently updated in 2024, showcasing sleek, modern bathrooms and kitchens that enhance both aesthetic appeal and functionality. Enjoy the contemporary flair with newer kitchen cabinets that blend style and efficiency seamlessly. Rich hardwood floors grace both units, offering a perfect mix of durability and timeless beauty. This duplex represents an ideal entry point for new investors looking to dive into the real estate market, providing a manageable and lucrative opportunity from day one. For seasoned investors, the potential for impressive returns (ROI) is available in a rapidly growing market. **Important Note:** Please respect tenant privacy. DO NOT DISTURB OR APPROACH TENANTS. Adhering to tenant rights is crucial and in compliance with leasing laws.
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size1,892 sqft
BasementYes
Lot size0.08 Acres
Year built1928
ParkingOne Car Garage
MLS #20240041859
Garage1 space
Summary
- MLS Number: 20240041859
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Adrienne Ponce
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: 3/15/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$145,000
5271 Drexel St
$1,722
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $23,200 | $1,060 |
| 2023 | $18,800 | $1,060 |
| 2022 | $14,500 | $1,551 |
| 2021 | $9,000 | $1,551 |
| 2020 | $9,700 | $1,014 |
| 2018 | $7,800 | $1,014 |
| 2017 | $7,800 | $1,024 |
History based on county public records data.
Nearby schools
1
Wayne Elementary School
Public District PK-5
1.5 mi
•10633 Courville St
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
1.6 mi
•9740 McKinney St
6
George Defer Elementary School
Public District KG-5
1.8 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 $20,300. Most Detroit, MI residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
76%
<35k
21%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
35%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
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 5271 Drexel St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,892 square foot home, which was built in 1928, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $145,000.
While more than 68 listings in Detroit, MI in February 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 203 were sold below. The number of listings in Detroit, MI increased by 7% between January and February 2025. Listings spent 59 days on the market in February 2025, and had a median list price of $88,760 during the same period.
From Rocket Homes Real Estate and based on county public records data.