Income generating duplex in progressive up and coming neighborhood. Updated modern bathrooms and kitchens. Newer kitchen cabinets. Hardwood floors throughout both units. Updated electrical. Updated plumbing. Newer roof. Long term month to month cash tenants who would like to stay. Each unit consists of a living room, dining room, renovated kitchen, renovated bathroom and two bedrooms. The perfect property for a new investor or seasoned investor looking for a high ROI. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Year Built: 1928
Stories: 3
Living Area: 1,892 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Adrienne Ponce
Interior Features
Interior Information:
Basement: Yes
Interior: 100 Amp Service, Cable Available
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Other
Directions Information:
Directions: 16 Mile to Mound to 696 E merge onto 696 E use the right two lanes to take the I-94 W exit towards Detroit. Take exit 222A for Outer Drive towards Chalmers turn left onto Outer Drive turn right onto Chalmers Park Dr turn left onto Drexel.
Price Information
Listing Price Info
Price Summary:
List Price: $145,000
Price Per SqFt: $77/SqFt
Tax Information:
Annual Amount: $1,552
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $60K more than the Median Sold Price and $3/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: #20240041859
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Adrienne Ponce
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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.
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Nearby Schools
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school1.59 miles
Public Charter Grades KG-5
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.75 miles
Public District Grades KG-5
1
/10
Tyrone Elementary School
19525 Tyrone St
Distance between this listing and this school3.31 miles
Public Magnet Grades 4-6
Nearby Schools
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school1.41 miles
Public Charter Grades KG-8
9
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school1.82 miles
Public District Grades 6-8
5
/10
Detroit Enterprise Academy
11224 Kercheval St
Distance between this listing and this school1.90 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school1.55 miles
Public Magnet Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school2.20 miles
Public District Grades 9-12
1
/10
Harper Woods Virtual Academy
19344 Kelly Rd
Distance between this listing and this school3.04 miles
The neighbors living near this home have an average income of $20,300. 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 post secondary degree.
This home is located at 5271 Drexel St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 1,892 square foot home, which was built in 1928, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $145,000.
Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.