$1,722 Closing Credit¹
#20240041859, Adrienne Ponce, Listing Office: EXP Realty Main
$140,000 List price
5299 Drexel St Detroit, MI 48213
$1,663
Closing credit¹
2 full, 1 partial
1,914 sqft
0.09 acres
$73 / sqft
Multi-Family
Property details
About 5299 Drexel St
Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor enjoyment. Reliable, good-paying tenants already in place make this a turnkey addition to any investor’s portfolio. Don’t miss this rare find!"
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size1,914 sqft
BasementYes
Lot size0.09 Acres
Year built1929
ParkingOne Car Garage
MLS #20250022664
Garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Basement: Yes
- Garage Space: 1 space
- Attached Garage: No
- Parking: One Car Garage
- Architectural Style: Duplex
- Heating: Hot Water, Natural Gas
- List Price: $140,000
- Price/SqFt: $73
- Annual Tax Amount: $815
- Tax Year: 2024
- Directions: Dickerson and E warren Ave
- Year Built: 1929
- Living Area: 1,914 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 20250022664
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Jennifer Aparicio-Zavalza
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: 5/11/2025, 5:20:29 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
$140,000
5299 Drexel St
$1,663
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 | $13,500 | $815 |
| 2023 | $10,450 | $815 |
| 2022 | $9,600 | $1,191 |
| 2021 | $6,100 | $1,191 |
| 2020 | $6,500 | $- |
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. Residents of Detroit, MI typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area 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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This home is located at 5299 Drexel St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,914 square foot home, which was built in 1929, sits on a 0.09 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $140,000.
In April 2025 more than 93 listings in Detroit, MI were sold above the asking price. During the same period more than 85 listings were sold at asking price, while more than 216 were sold below. Between March and April 2025, Detroit, MI real estate market has seen increase in the number of listings by 13.4%. While the average time on the market in April 2025 was 47 days, the median list price was $90,000.
From Rocket Homes Real Estate and based on county public records data.