New - 5 days on Rocket
$297 Closing Credit¹
#20250008349, David Dawood, Listing Office: Detroit Progress Realty LLC
$338
closing credit¹
5700 Townsend St Detroit, MI 48213
$28,500 List price
$338
Closing credit¹
6 full
4,112 sqft
0.08 acres
$7 / sqft
Multi-Family
Property details
About 5700 Townsend St
6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size4,112 sqft
BasementYes
Lot size0.08 Acres
Year built1912
MLS #20240071565
Summary
- MLS Number: 20240071565
- MLS Name: Realcomp II Ltd
- Office Name: Bellabay Realty Tri Counties
- Office Phone: (248) 274-6614
- Listing Agent: Natasha C Richards
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: 2/11/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$28,500
5700 Townsend St
$338
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 | $- | $2,064 |
| 2023 | $50,600 | $2,064 |
| 2022 | $43,700 | $1,137 |
| 2021 | $28,800 | $1,137 |
| 2020 | $22,200 | $- |
History based on county public records data.
Nearby schools
2
Oakland International Academy Elementary School
Public Charter 2-4
1.3 mi
•4001 Miller St
3
Bridge Academy East
Public Charter PK-5
1.9 mi
•9600 Buffalo St
3
Dickinson East Elementary School
Public District KG-6
2.1 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 $23,448. Residents of Detroit, MI typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
83%
<35k
17%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
65%
Single, No Kids
20%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Popeyes
Jack In The Box
What do the neighbors drive?
Kia
Nissan
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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This home is located at 5700 Townsend St in Detroit, MI and zip code 48213 in the Lower East neighborhood. This 4,112 square foot home, which was built in 1912, sits on a 0.08 acre lot. Features: 6 bathrooms. It has been listed on Rocket Homes since October 7, 2024 and is currently priced at $28,500.
While more than 76 listings in Detroit, MI in January 2025 were sold above asking price, there were more than 63 listings sold at asking price, and more than 192 were sold below. The number of listings in Detroit, MI increased by 8.7% between December and January 2025. In January 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $87,445.
From Rocket Homes Real Estate and based on county public records data.