Estimated Value: $166,149 - $264,000
FAIR BRICK MULTIFAMILY PROPERTY. GREAT INVESTMENT OPPORTUNITY.
Last Agent to Sell the Property
Paramount Realty License #6502365825 Listed on: 04/22/2013
Home Type
Year Built
Lot Details
Home Design
Interior Spaces
Utilities
Community Details
Listing and Financial Details
$174,900
Welcome to 5025 Somerset, a fully renovated, vacant duplex nestled in one of Detroit’s resurging neighborhoods. It's perfect for first-time buyers looking to house hack or investors seeking strong cash flow from day one.This property has been completely upgraded in 2024-2025, offering peace of mind with all major systems modernized:New roofNew PVC plumbing and updated electricalNew furnace and
Elijah Cook KW Metro
$225,000
Handsome Upper / Lower brick duplex on a lovely tree lined block in Bagley. Lower unit boasts hardwood floors. Huge living room with fireplace in both units. Spacious kitchen and bedrooms. Recent improvements include new gutters and HVAC. 2 car garage and full basement provide ample storage. Great opportunity to occupy one unit and rent out the other for cash flow. Ideal setup for generational
Ben Ness Clyde Realty LLC
$215,000
Well maintain duplex in a well maintained neighborhood. Windows, Roof, Furnace, Hot Water Heaters, and Air Conditioning are updated. Looking for someone to add someone TLC and add value. Each unit has 2 bedrooms and One Bathroom. The finished basement has a place for entertainment and laundry. The upstairs unit is occupied, property will conveyed vacant at close. Advanced notice is needed to view
Ericka Williams EXP Realty
$160,000
This well-maintained duplex in Detroit's desirable Bagley neighborhood offers a solid investment opportunity. Each unit features 2 bedrooms, 1 bathroom, a spacious living room, and a dining area, providing comfortable living spaces for tenants. The property has undergone several updates, including vinyl windows, plumbing, an updated roof, and modernized kitchens, reducing the need for immediate
Alan Davidov KW Domain
$175,000
Income producing multifamily. Located in the Bagley subdivision Perfect for first time investor.Located near schools, college campus. Min Please do not disturb tenant
Sylvester Brown Trust Realty LC
$160,000
Great investment opportunity in the Bagley Area! Currently leased as a multi-family with second unit currently occupied on month-to-month lease. Keep it as an income driven property or convert it into a Single Family! (Check the Comparables!) Endless possibilities, close to U of D, restaurants, entertainment and all the small businesses located on Livernois! Priced to Sell!
Jason Caperton EXP Realty Main
$154,999
Excited to announce your next investment opportunity. Located in the beautiful and fastest growing area known as the Marygrove community of Detroit. This is an amazing two family brick colonial multi-family style home. Many updates and renovations including new floors, and kitchen areas. Finished basement for additional family area and two separate storage spaces. Two car garage with newer
Connaé Pisani NREMG Realty
$174,900
This multifamily property consists of two units, each approximately 977 sqft, featuring 2 bedrooms and 1 bathroom. One unit is located upstairs, and the other downstairs. Both units are currently leased out, with the upper unit renting for 850 per month. The lower unit is rented at 650 per month on a month-to-month basis. The upper unit has recently been upgraded with new carpet and paint.
Jeff Glover KW Professionals
$169,900
This well-maintained single entry Bagley multifamily property at 17169 Prairie St offers strong rental income potential in a growing Detroit neighborhood. Featuring 2 units with 2 bedrooms, 1 bath, kitchen with a den, dining and living room in each unit. This property is perfect for investors or owner-occupants looking for cash flow. Home can also be used a large 5-6 bedroom 2 bath single family
David Daweood Detroit Progress Realty LLC
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fields Courtnie | $30,100 | None Available | |
| Intervest Assets Llc | $28,000 | None Available | |
| Direct Property Title Llc | -- | Direct Property Title Llc | |
| Coplin Llc | -- | Excel Title Agency Llc | |
| Premier Financial Services Inc | $3,000 | None Available | |
| Obrien Robert | -- | Bayview Title | |
| Lasalle Bank Na | -- | E Title Agency | |
| Mortgage Electronic Registration Systems | $108,000 | None Available | |
| Burks Tyrone | $121,000 | Commonwealth Land Title | |
| Alaska Seaboard Partners Lp | -- | -- | |
| Mortgage Electronic Registration Systems | $80,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fields Courtnie | $88,470 | |
| Previous Owner | Obrien Robert | $84,000 | |
| Previous Owner | Burks Tyrone | $108,900 | |
| Previous Owner | Robinson Gail | $47,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2013 06/27/13 | Sold | $15,500 | -22.1% | $7 / Sq Ft |
| 06/17/2013 06/17/13 | Pending | -- | -- | -- |
| 04/22/2013 04/22/13 | For Sale | $19,900 | -- | $10 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,252 | $46,000 | $0 | $0 |
| 2023 | $2,186 | $36,600 | $0 | $0 |
| 2022 | $2,416 | $48,300 | $0 | $0 |
| 2021 | $2,349 | $35,900 | $0 | $0 |
| 2020 | $2,321 | $29,600 | $0 | $0 |
| 2019 | $360 | $0 | $0 | $0 |
| 2018 | $0 | $15,100 | $0 | $0 |
| 2017 | $266 | $14,000 | $0 | $0 |
| 2016 | $1,924 | $24,800 | $0 | $0 |
| 2015 | $1,870 | $18,700 | $0 | $0 |
| 2013 | $2,340 | $23,402 | $0 | $0 |
| 2010 | -- | $32,482 | $1,203 | $31,279 |
Seller's Agent in 2013
Larry Williams
Paramount Realty
(313) 215-6564
6 Total Sales
Buyer's Agent in 2013
Darryl Sanders
Treasure Homes, Inc
(313) 477-4495
7 in this area
190 Total Sales
Source: Realcomp
MLS Number: 213037045
APN: 16-033255
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393