#20240052505, Gene Kelley II, Listing Office: Real Estate One-Southfield
5554 Lemay St Detroit, MI 48213
Property details
About 5554 Lemay St
Welcome to you next investment property! Opportunity on Detroit's East Side. 3 bedroom 1 full bath distressed property in need of a full rehab. Cash buyers only.
Highlights
Summary
- MLS Number: 81024063724
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Legacy Park Realty Inc
- Office Phone: (313) 478-5938
- Listing Agent: Timia Carter
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Last updated on: 3/10/2025, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$29,900
5554 Lemay St
$355
closing credit¹
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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 | $10,500 | $572 |
2023 | $7,980 | $572 |
2022 | $7,000 | $304 |
2021 | $5,185 | $304 |
2020 | $5,900 | $551 |
2018 | $5,500 | $551 |
2017 | $5,600 | $549 |
History based on county public records data.
Nearby schools
1
Wayne Elementary School
Public District PK-5
2.5 mi
•10633 Courville St
2
Oakland International Academy Elementary School
Public Charter 2-4
2.5 mi
•4001 Miller St
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
2.8 mi
•9740 McKinney 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 $25,761. Most Detroit, MI residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 5554 Lemay St
This home is located at 5554 Lemay St in Detroit, MI and zip code 48213 in the Lower East neighborhood. This 975 square foot home, which was built in 1922, sits on a 0.07 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $29,900.
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. Between January and February 2025, Detroit, MI real estate market has seen increase in the number of listings by 7%. The median list price of listings available in February 2025 was $88,760, while the average time on the real estate market was 59 days.