$75,000

5406 Iroquois St Detroit, MI 48213

$891
Closing credit¹
4 beds
1 full
1,371 sqft
0.08 acres
$55 / sqft
House

Property details

About 5406 Iroquois St

Add this to your investment portfolio today. Guaranteed income of $1428 per month paid by the housing agency. They cover the entire rent! No need to chase down tenants for rent. This will not last long. Great cash on cash return. Brand new 1-year lease. The tenant just moved in May 2025. The buyer will pay a $495 transaction fee to Downtown Realty. The seller prefers an accepted offer before showing.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,371 sqft
BasementYes
Lot size0.08 Acres
Year built1915
ParkingNo Garage
MLS #20250031882

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Parking: No Garage
  • Architectural Style: Colonial
  • Heating: Forced Air, Natural Gas
  • List Price: $75,000
  • Price/SqFt: $54
  • Annual Tax Amount: $810
  • Tax Year: 2024
  • Directions: Gratiot to Iroquois
  • Year Built: 1915
  • Living Area: 1,371 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 20250031882
  • MLS Name: Realcomp II Ltd
  • Office Name: Downtown Realty
  • Office Phone: (313) 466-7253
  • Listing Agent: Guy R Gailliard

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: 5/7/2025, 4:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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kitchen with a ceiling fan, a sink, light countertops, freestanding refrigerator, and dark wood-style floors

$75,000

5406 Iroquois St

$891

closing credit¹

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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

YearAssessmentProperty Tax
2024$21,600$810
2023$17,100$810
2022$11,600$1,185
2021$9,200$1,185
2020$11,000$774
2018$7,200$774
2017$6,700$771

History based on county public records data.

Nearby schools

2

Oakland International Academy Elementary School

Public Charter 2-4

1.6 mi

4001 Miller St

3

Bridge Academy East

Public Charter PK-5

2.2 mi

9600 Buffalo St

3

Dickinson East Elementary School

Public District KG-6

2.4 mi

3385 Norwalk St

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 $18,837. The majority of Detroit, MI residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
29%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

58%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • 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

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Frequently asked questions

About 5406 Iroquois St

The listing price of 5406 Iroquois St property is $75,000.

The property 5406 Iroquois St is a house located in Detroit, Michigan, 48213.

Active Listing: 5406 Iroquois St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5406 Iroquois St are: Oakland International Academy Elementary School (GreatSchools Rating 2/10), Bridge Academy East (GreatSchools Rating 3/10), Dickinson East Elementary School (GreatSchools Rating 3/10), Blackwell Institute (GreatSchools Rating 2/10), Detroit Preparatory (GreatSchools Rating 5/10), A.L. Holmes Academy of Blended Learning (GreatSchools Rating 1/10), Covenant House Academy Detroit East Site (GreatSchools Rating 1/10), Southeastern High School (GreatSchools Rating 3/10), Bridge Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $810 (source: MLS/based on county public records data).

The property at 5406 Iroquois St has 4 bedrooms and 1 bathroom.

The property 5406 Iroquois St is 1,371 SqFt (source: MLS/tax record).

The year of construction for 5406 Iroquois St is 1915.

This home is located at 5406 Iroquois St in Detroit, MI and zip code 48213 in the Lower East neighborhood. This 1,371 square foot home, which was built in 1915, sits on a 0.08 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $75,000.

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%. In April 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $90,000.

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

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