$416 Closing Credit¹
#20250026748, Miranda N Morrow, Listing office: National Realty Centers, Inc
$29,900 List price
5554 Lemay St Detroit, MI 48213
$355
Closing credit¹
3 beds
1 full
975 sqft
0.07 acres
$31 / sqft
House
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
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size975 sqft
BasementYes
Lot size0.07 Acres
Year built1922
MLS #24063724
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Heating: Forced Air
- List Price: $29,900
- Price/SqFt: $30
- Annual Tax Amount: $572
- Tax Year: 2024
- Directions: From Downtown Detroit (general directions): Head east on Jefferson Ave toward Chene St. Continue on Jefferson Ave, turning onto Mound Rd or Gratiot Ave to reach the 48213 area. From Mound Rd or Gratiot Ave, take the appropriate exit toward Lemay St. Continue north on Lemay St to 5554 Lemay St.
- Year Built: 1922
- Stories: 2
- Living Area: 975 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 24063724
- Office Name: Legacy Park Realty Inc
- Office Phone: (313) 478-5938
- Office Email: cottonstanton@gmail.com
- Listing Agent: Timia Carter
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$29,900
5554 Lemay St
$355
closing credit¹
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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. Residents of Detroit, MI typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
65%
<35k
33%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
68%
Single, No Kids
22%
Single, with Kids
7%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
37%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
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 5554 Lemay St
The listing price of 5554 Lemay St property is $29,900.
The property 5554 Lemay St is a house located in Detroit, Michigan, 48213.
Active Listing: 5554 Lemay St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5554 Lemay St are: Wayne Elementary School (GreatSchools Rating 1/10), Oakland International Academy Elementary School (GreatSchools Rating 2/10), Marvin L Winans Academy Elementary School (GreatSchools Rating 1/10), Blackwell Institute (GreatSchools Rating 2/10), Barack Obama Leadership Academy (GreatSchools Rating 3/10), 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), Pathways Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $572 (source: MLS/based on county public records data).
The property at 5554 Lemay St has 3 bedrooms and 1 bathroom.
The property 5554 Lemay St is 975 SqFt (source: MLS/tax record).
The year of construction for 5554 Lemay St is 1922.
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.
In May 2025 more than 85 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 169 were sold below. Between April and May 2025, Detroit, MI real estate market has seen increase in the number of listings by 12.1%. 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.