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5183 Pennsylvania St, Detroit, MI, 48213

$399,000

Home List Price

$4,738*

Closing Credit

4 Full Baths
3,534 SqFt
$113/SqFt
Multi

Location

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5183 Pennsylvania St, Detroit$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingTwoCarGarage
Garage2 spaces
Year Built1925
HeatingForced Air, Natural Gas
MLS #20240087709
Lot Size0.10 Acres
StatusActive

About 5183 Pennsylvania St

Discover this beautifully updated 4-family flat that seamlessly combines classic charm with modern comforts, offering both an excellent investment opportunity and a wonderful place to call home. Each unit has been thoughtfully renovated, featuring contemporary kitchens with sleek countertops and stainless steel appliances, as well as stylish bathrooms with modern fixtures. The spacious, light-filled layouts enhance the living experience, while the well-maintained exterior provide impressive curb appeal. With off-street parking, a shared backyard, and separate utilities for each unit, this property is designed for both comfort and practicality. Whether you're an investor seeking rental income or an owner-occupant looking for added revenue, this flat offers tremendous potential. ***We have appraisal well over asking at $420,000.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Living Area: 3,534 SqFt

Listing Office:

  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: Elijah Cook

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: E. Of Cadillac, N. Of Warren

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $90
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

5183 Pennsylvania St vs Detroit

1 DAY ON ROCKET

-48 Days

$399,000

+$313.9K More

$113/SqFt

+$45 More

KEY TAKEAWAY

This property is $313.9K more than the Median Sold Price and $45/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240087709

Listing Office:

  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: Elijah Cook

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 © 2024 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: 12/4/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$90$700
2020 - $700

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-8450
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 2.15 miles

  • Public Charter Grades 2-4

school-card-donut-8451
3
/10

  • Bridge Academy East

  • 9600 Buffalo St

  • 2.61 miles

  • Public Charter Grades PK-5

school-card-donut-8452
3
/10

  • Dickinson East Elementary School

  • 3385 Norwalk St

  • 2.84 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,122. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5183 Pennsylvania St

This home is located at 5183 Pennsylvania St in Detroit, MI and zip code 48213 in the Lower East neighborhood. This 3,534 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $399,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

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

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