1 month on rocket

5721 Linwood St, Detroit, MI, 48208

$150,000

Home List Price

$1,781*

Closing Credit

2 Full Baths
1,908 SqFt
$79/SqFt
Multi

Location

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5721 Linwood St, Detroit$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1905
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240070791
Lot Size0.11 Acres
StatusActive

About 5721 Linwood St

This beautifully remodeled multi-family home, updated in 2024, offers an excellent opportunity for both homeowners and investors. The lower unit is currently vacant and ready for a new tenant or an owner-occupant, featuring 2 bedrooms, 1 modernized bathroom, a comfortable living room, dining room, and an updated kitchen and bath with new flooring throughout. The upper unit is tenant-occupied and includes 3 bedrooms, 1 renovated bathroom, and an updated kitchen, also with new flooring. Recent improvements to the property include a furnace, water tank, and windows, all approximately 2 years old. This property is move-in ready, providing contemporary updates and comfort in both units.

Property Details

Property Features

Property Information:

  • Architectural Style: Upper/Lower Apartment
  • Year Built: 1905
  • Stories: 2
  • Living Area: 1,908 SqFt

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Richard Perry

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: On Linwood between McGraw and I94.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $296
  • 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

5721 Linwood St vs Detroit

57 DAYS ON ROCKET

+12 Days

$150,000

+$65K More

$79/SqFt

+$5 More

KEY TAKEAWAY

This property is $65K more than the Median Sold Price and $5/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: #20240070791

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Richard Perry

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, 12:20:53 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$296$11,900
2020$553$10,300
2018$553$8,000
2017$552$7,800

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-478081
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.08 miles

  • Public Charter Grades KG-5

school-card-donut-478082
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.38 miles

  • Public Charter Grades KG-5

school-card-donut-478083
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 2.25 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,122. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48208›5721 Linwood St

This home is located at 5721 Linwood St in Detroit, MI and zip code 48208 in the Rosa Parks neighborhood. This 1,908 square foot home, which was built in 1905, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $150,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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