$1,839 Closing Credit¹
#50176420, Amber Kling, Listing office: Sine & Monaghan Realtors LLC St Clair
$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
- Full Bathrooms: 2
- Basement: Yes
- Garage Space: 1 space
- Attached Garage: No
- Parking: One Car Garage
- Exterior: Balcony
- Architectural Style: Duplex
- Heating: Hot Water, Natural Gas
- List Price: $145,000
- Price/SqFt: $76
- Annual Tax Amount: $1,060
- Tax Year: 2024
- Directions: 16 Mile to Mound to 696 E merge onto 696 E use the right two lanes to take the I-94 W exit towards Detroit. Take exit 222A for Outer Drive towards Chalmers turn left onto Outer Drive turn right onto Chalmers Park Dr turn left onto Drexel.
- Year Built: 1928
- Living Area: 1,892 SqFt
- Lot Size: 0.08 Acres
- 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: 6/22/2025, 11:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$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. Typical income of Detroit, MI residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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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Frequently asked questions
About 5271 Drexel St
The listing price of 5271 Drexel St property is $145,000.
The property 5271 Drexel St is a multi located in Detroit, Michigan, 48213.
Active Listing: 5271 Drexel St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5271 Drexel St are: Wayne Elementary School (GreatSchools Rating 1/10), Marvin L Winans Academy Elementary School (GreatSchools Rating 1/10), George Defer Elementary School (GreatSchools Rating 6/10), Duke Ellington Conservatory of Music & Art (GreatSchools Rating 1/10), Ronald Brown Academy (GreatSchools Rating 1/10), J E Clark Preparatory Academy (GreatSchools Rating 1/10), Southeastern High School (GreatSchools Rating 3/10), Capstone Academy Charter Schoolmayfield (GreatSchools Rating 1/10), Davis Aerospace Technical High School at Golightly (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,060 (source: MLS/based on county public records data).
The property 5271 Drexel St is 1,892 SqFt (source: MLS/tax record).
The year of construction for 5271 Drexel St is 1928.
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.
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 number of listings in Detroit, MI increased by 12.1% between April and May 2025. Listings spent 48 days on the market in May 2025, and had a median list price of $90,022 during the same period.
From Rocket Homes Real Estate and based on county public records data.