$1,663

closing credit¹

5565 Ridgewood St Detroit, MI 48204

$140,000
0.10 acres
Multi-Family

Property details

About 5565 Ridgewood St

INVESTMENT OPPORTUNITY: Tenant occupied brick Duplex in attractive neighborhood. Home is currently rented at $850.00, $750.00. Home requires minor turn.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.1 Acres
Year built1923
MLS #81025003907

Summary

  • MLS Number: 81025003907
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: Kristian Freiwald
  • Office Phone: (313) 626-5996
  • Listing Agent: Kristian Freiwald

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: 2/14/2025, 12:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$140,000

5565 Ridgewood St

$1,663

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 10, 2022
Home Sold
$125,000
Jan 22, 2020
Home Sold
$70,000
Sep 17, 2019
Home Sold
$22,000

Tax history

YearAssessmentProperty Tax
2024$23,900$958
2023$19,400$958
2022$15,700$512
2021$12,500$512
2020$11,900$918
2018$13,100$918
2017$13,400$915

History based on county public records data.

Nearby schools

2

Barton Elementary School

Public District KG-5

0.9 mi

8530 Joy Rd

5

McDonald Elementary School

Public District PK-5

1.5 mi

10151 Diversey St

2

Riverside Academy

Public Charter KG-5

2.0 mi

7124 Miller Rd

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 $26,974. The majority of Detroit, MI residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

78%
<35k
18%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

64%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
39%
35-64 yrs old
17%
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

Similar homes for sale

This home is located at 5565 Ridgewood St in Detroit, MI and zip code 48204 in the Tireman neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $140,000.

In January 2025, from all listings sold in Detroit, MI there were more than 76 sold above asking price, over 192 sold below and more than 63 were sold right at the asked price. In January 2025 in Detroit, MI there were 8.7% more homes for sale than in December. In January 2025 median list price was $87,445 and the average listing age was 58 days.

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

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