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5354 Oregon St, Detroit, MI, 48204

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
4,464 SqFt
$56/SqFt
House

Location

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5354 Oregon St, Detroit$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1924
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240075888
Lot Size0.13 Acres
StatusActive

About 5354 Oregon St

Discover this exceptional investment opportunity with a four-unit multifamily property, currency generating steady income with three units already occupied. This well-maintained property offers a fantastic blend of stability and potential, making it for both seasoned investors and those new to the market. Each unit is spacious with 2 bedrooms and 1 bathroom. In April of 2020 the owner replaced the roof, gutter, fascia downspouts, and added all new windows throughout. In Apil of 2021 the sewer line was replaced and also received a clearance report for lead. Unoccupied unit is available for showing. Please do not disturb tenants. BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1924
  • Stories: 2
  • Living Area: 4,464 SqFt

Listing Office:

  • Office Name: DOBI Real Estate
  • Office Phone: (248) 385-3350
  • Listing Agent: Steven Riley

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of Livernois and East of Tireman

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $56/SqFt

Tax Information:

  • Annual Amount: $2,438
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

5354 Oregon St vs Detroit

40 DAYS ON ROCKET

-5 Days

$250,000

+$165K More

$56/SqFt

-$18 Less

KEY TAKEAWAY

This property is $165K more than the Median Sold Price and $18/SqFt less 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: #20240075888

Listing Office:

  • Office Name: DOBI Real Estate
  • Office Phone: (248) 385-3350
  • Listing Agent: Steven Riley

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: 11/17/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2016Home Sold
$56,000
Jun 28, 2004Home Sold
$105,000
May 19, 2004Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,438$28,800
2020$2,398$25,000
2018$2,398$23,800
2017$2,481$24,400

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-451719
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.41 miles

  • Public District Grades KG-5

school-card-donut-451720
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 1.73 miles

  • Public District Grades PK-5

school-card-donut-451721
1
/10

  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.83 miles

  • Public Charter Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,923. The majority of Detroit, MI residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5354 Oregon St

What is the listing price of this property?

The listing price of 5354 Oregon St property is $250,000.

What type of property is this?

The property 5354 Oregon St is a house located in Detroit, Michigan, 48204.

Is this property for sale now?

Active Listing: 5354 Oregon St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,438 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 11, 2016 for $56,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5354 Oregon St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5354 Oregon St is 4,464 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5354 Oregon St is 1924.

Rocket Homes›Michigan›Wayne County›Detroit›48204›5354 Oregon St

This home is located at 5354 Oregon St in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 4,464 square foot home, which was built in 1924, sits on a 0.13 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $250,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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