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5775 Kensington Ave, Detroit, MI, 48224

$119,900

Home List Price

$1,424*

Closing Credit

2 Full Baths
2,078 SqFt
$58/SqFt
Multi

Location

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5775 Kensington Ave, Detroit$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGarage
Year Built1929
HeatingForced Air, Natural Gas
BasementYes
MLS #20240093182
Lot Size0.14 Acres
StatusActive

About 5775 Kensington Ave

INVESTOR SPECIAL!!! LOCATED NEAR POPULAR EAST ENGLISH VILAGE SUBDIVISON. PROPERTY NEEDS SOME TLD. PRICED ACCORDINGLY. CAN KEEP AS A TWO FAMILY AND LEASE OUT FOR GOOD RENTAL INCOME OR CONVERT IT TO A SINGLE FAMILY AND MAKE IT A GREAT "FIX & FLIP".

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1929
  • Living Area: 2,078 SqFt

Listing Office:

  • Office Name: RE/MAX Team 2000
  • Office Phone: (313) 561-0900
  • Listing Agent: Alex H Saad

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Take Chandler Park west make a right on Kensington

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $58/SqFt

Tax Information:

  • Annual Amount: $2,030
  • 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

5775 Kensington Ave vs Detroit

2 DAYS ON ROCKET

-47 Days

$119,900

+$34.8K More

$58/SqFt

-$10 Less

KEY TAKEAWAY

This property is $34.8K more than the Median Sold Price and $10/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: #20240093182

Listing Office:

  • Office Name: RE/MAX Team 2000
  • Office Phone: (313) 561-0900
  • Listing Agent: Alex H Saad

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: 12/21/2024, 8:21:07 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$2,030$29,800
2020$1,922$28,600
2018$1,922$18,300
2017$1,630$16,400

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-789055
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.49 miles

  • Public Charter Grades KG-5

school-card-donut-789056
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-789057
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.25 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,240. The most common annual income of people living in Detroit, MI is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48224›5775 Kensington Ave

This home is located at 5775 Kensington Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 2,078 square foot home, which was built in 1929, sits on a 0.14 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $119,900.

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. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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