#20240079622, Evangeline Pitts, Listing office: RE/MAX Dream Properties
$350,000 List price
553 Belmont St Detroit, MI 48202
2 full
2,204 sqft
0.1 acres
$159 / sqft
Multi-Family
Property details
About 553 Belmont St
Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don’t miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,204 sqft
BasementYes
Lot size0.13 Acres
Year built1910
MLS #20251013568
Summary
- Full Bathrooms: 2
- Basement: Yes
- Attached Garage: No
- Architectural Style: Colonial
- Heating: Forced Air, Natural Gas
- List Price: $350,000
- Price/SqFt: $158
- Annual Tax Amount: $1,903
- Tax Year: 2024
- Directions: Off of Oakland or Brush, Between Harmon and E Boston Blvd
- Year Built: 1910
- Living Area: 2,204 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 20251013568
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Sotero M Lopez II
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: 7/24/2025, 3:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 27, 2024 | Home Sold | $35,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $82,800 | $1,903 |
| 2023 | $60,500 | $1,903 |
| 2022 | $27,600 | $780 |
| 2021 | $21,000 | $780 |
| 2020 | $18,800 | $1,251 |
| 2018 | $11,700 | $1,251 |
| 2017 | $11,500 | $1,248 |
History based on county public records data.
Nearby schools
2
University Preparatory Art Design Elementary School
Public Charter KG-5
0.8 mi
•10225 3rd St
2
Dickinson West Elementary School
Public District KG-6
0.9 mi
•2333 Burger St
3
Dickinson East Elementary School
Public District KG-6
1.4 mi
•3385 Norwalk St
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 $54,878. The most common annual income of people living in Detroit, MI is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
34%
<35k
55%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
22%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
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 553 Belmont St
The listing price of 553 Belmont St property is $350,000.
The property 553 Belmont St is a multi located in Detroit, Michigan, 48202.
Active Listing: 553 Belmont St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 553 Belmont St are: University Preparatory Art Design Elementary School (GreatSchools Rating 2/10), Dickinson West Elementary School (GreatSchools Rating 2/10), Dickinson East Elementary School (GreatSchools Rating 3/10), Kosciuszko Middle School (GreatSchools Rating 2/10), Caniff Liberty Academy (GreatSchools Rating 3/10), Barber Preparatory Academy (GreatSchools Rating 1/10), Detroit International Academy for Young Women (GreatSchools Rating 5/10), Oakland International Academy High School (GreatSchools Rating 5/10), Horizon High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,903 (source: MLS/based on county public records data).
The last sale was on June 27, 2024 for $35,000 (source: MLS/tax record).
The property 553 Belmont St is 2,204 SqFt (source: MLS/tax record).
The year of construction for 553 Belmont St is 1910.
This home is located at 553 Belmont St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 2,204 square foot home, which was built in 1910, sits on a 0.13 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $350,000.
While more than 79 listings in Detroit, MI in June 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 144 were sold below. Between May and June 2025, Detroit, MI real estate market has seen increase in the number of listings by 16.7%. While the average time on the market in June 2025 was 45 days, the median list price was $92,746.
From Rocket Homes Real Estate and based on county public records data.