5042 Dailey Street, Detroit City, MI 48204
DAILEY PARK SUB · Wayne County
Key Facts
Description
Value-add duplex minutes from downtown and Mexican town with direct access to I-96 freeway. Full renovation required making it ideal for rehab, BRRRR, or a long-term hold. ARVs in the area are $150k with rental comps of $1200 (per unit) conservatively. This property offers strong rental upside in a high demand area with easy freeway access. Located in the heart of the city, this property is in close proximity to dining, entertainment, jobs, and transit. Sold as-is. Cash or renovation financing accepted.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Duplex
Year Built
1918
Living Area
2,316 sq ft
Lot Size
0.10 acres
Lot Dimensions
35X120
Days on Market
149
MLS® Listing#
20261007859
Property Features
Cooling
Heating
Basement
Pool
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$2,084
Assessed Value
$23,400
Parcel Number
W16I003945S
Directions
96 Service drive to Joy to Beechwood to Dailey
Affordability Calculator
$8,000
Estimated monthly payment
$213/mo
Principal $32,000 · Est. interest $44,643 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $232,490
- Median Listing Price
- 58
- Median Days on Market
- 1,485
- Median Sq Ft
- $135
- Median Price / Sq Ft
- 14,130
- Active Listings
- This home’s price is 83% below the area median.
- Its price per sq ft is 87% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Allen Academy
School · 0.6 mi away
Mosque-El Hagg School
School · 0.6 mi away
McKerrow School
School · 0.8 mi away
Keidan Special Education Center
Elementary · 0.8 mi away
Sampson-Webber Leadership Academy
School · 0.9 mi away
Brady Elementary School
Elementary · 1.2 mi away
Hope Academy
School · 1.2 mi away
Jamieson Elementary School
Elementary · 1.2 mi away
Barton Elementary School
Elementary · 1.2 mi away
Charles R Drew Transition Center
School · 1.4 mi away
Mackenzie Elementary-Middle School
Elementary · 1.5 mi away
Northwestern High School
Secondary · 1.5 mi away
Durfee Elementary Middle School
Elementary · 1.7 mi away
Munger Elementary-Middle School
Elementary · 1.7 mi away
Central High School
Secondary · 1.7 mi away
McDonald Elementary School
Elementary · 1.8 mi away
Noble Elementary-Middle School
Elementary · 1.8 mi away
Thirkell Elementary-Middle School
Elementary · 1.8 mi away
Stewart Elementary School
Elementary · 1.9 mi away
McMichael Middle School
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4160 Crane Street, Detroit City, MI | $28,000 | 4 | 3 | 2,006 |
| 15868 Parkside Street, Detroit City, MI | $28,000 | 3 | 1 | 976 |
| 5700 TOWNSEND Street, Detroit City, MI | $28,500 | 10 | 6 | 4,112 |
| 2707 Wreford Street, Detroit City, MI | $28,500 | 4 | 2 | 2,316 |
| 5019 Larchmont, Detroit City, MI | $28,999 | 3 | 1 | 900 |
| 5019 Larchmont, Detroit, MI | $28,999 | 3 | 1 | 900 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: Robinson Realty & Management Group Inc - 2485939494
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.