Seller's Agent in 2025
Elijah Cook
KW Metro
(313) 694-6970
2 in this area
139 Total Sales
5025 Somerset Ave Detroit, MI 48224
Morningside Neighborhood
3
Beds
2
Baths
1,772
Sq Ft
4,792
Sq Ft Lot
About This Home
As of August 2025Welcome 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 roof
New PVC plumbing and updated electrical
New furnace and hot water tank (to be installed prior to appraisal)
Brand-new appliances in both units (refrigerator, stove/oven, microwave)
Each unit is move-in ready:
Upper Unit – 1 bedroom, projected rent: $750/mo
Lower Unit – 2 bedrooms, projected rent: $1,250/mo
Estimated Total monthly income: $2,000
With low estimated expenses—currently estimated property taxes are around $3,500 annually and a projected mortgage of around $1,600/mo—this property delivers an estimated CAP rate of 9.6% (based on projected net income), making it a prime buy-and-hold or house-hack opportunity.
Additional highlights:
Privacy fence for added security and outdoor enjoyment
Located minutes from Downtown Detroit, major freeways, and local shopping, Vacant and ready for immediate occupancy or lease-up
Whether you’re an investor looking to expand your portfolio or a first-time homebuyer ready to build equity, Somerset checks all the boxes. Schedule your tour today and lock in your next income-producing asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1929
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x120
- Back Yard Fenced
Home Design
- Duplex
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2 Full Bathrooms
- 1,772 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 21067519
Community Details
Overview
- 2 Units
- East Detroit Dev Cos 3 Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2023
Closed on
Apr 12, 2024
Sold by
Krou Worldwide Properties Llc
Bought by
Armstrong Brent
Seller's Agent
Amanda Johnson Bashor
Hand Map Real Estate LLC
Buyer's Agent
Dashayla Walker
KW Metro
List Price
$45,000
Sold Price
$29,000
Premium/Discount to List
-$16,000
-35.56%
Views
79
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
235.46%
Purchase Details
Closed on
Aug 5, 2019
Sold by
Jb Invest Usa Llc
Bought by
Krou Worldwide Properties Llc
Purchase Details
Closed on
Feb 13, 2017
Sold by
123 Fund Llc
Bought by
Bv & Group Us Llc
Purchase Details
Closed on
Sep 16, 2016
Sold by
Det 123 Fund Llc
Bought by
Bv & Group Us Llc
Purchase Details
Closed on
Nov 30, 2015
Sold by
Wayne County Treasurer
Bought by
Det 123 Fund Llc
Purchase Details
Closed on
Aug 23, 2005
Sold by
Rease Paul
Bought by
Hartsfield Jewel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $29,000 | None Listed On Document | |
| Warranty Deed | $89,900 | Embassy Title Agency Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Fidelity National Title | |
| Quit Claim Deed | $40,000 | None Available | |
| Quit Claim Deed | $4,101 | None Available | |
| Warranty Deed | $85,000 | Able Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $85,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $163,000 | -6.8% | $92 / Sq Ft |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | For Sale | $174,900 | +503.1% | $99 / Sq Ft |
| 04/12/2024 04/12/24 | Sold | $29,000 | -27.5% | $16 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/21/2024 02/21/24 | Price Changed | $40,000 | -11.1% | $23 / Sq Ft |
| 02/20/2024 02/20/24 | For Sale | $45,000 | 0.0% | $25 / Sq Ft |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 12/03/2023 12/03/23 | For Sale | $45,000 | -- | $25 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $1,614 | $38,800 | $0 | $0 |
| 2024 | $1,614 | $31,700 | $0 | $0 |
| 2023 | $1,567 | $24,900 | $0 | $0 |
| 2022 | $760 | $21,000 | $0 | $0 |
| 2021 | $1,718 | $18,000 | $0 | $0 |
| 2020 | $1,718 | $16,700 | $0 | $0 |
| 2019 | $1,567 | $15,000 | $0 | $0 |
| 2018 | $1,249 | $13,100 | $0 | $0 |
| 2017 | $159 | $12,200 | $0 | $0 |
| 2016 | $1,078 | $13,900 | $0 | $0 |
| 2015 | $1,390 | $13,900 | $0 | $0 |
| 2013 | $1,872 | $18,715 | $0 | $0 |
| 2010 | -- | $27,438 | $905 | $26,533 |
Source: Public Records
Agents Affiliated with this Home
-
Elijah Cook
-
Dashayla Walker
Seller Co-Listing Agent in 2025
Dashayla Walker
KW Metro
(313) 720-7758
2 in this area
19 Total Sales
-
Danielle Casazza
Buyer's Agent in 2025
Danielle Casazza
Star Valley Realty LLC
(313) 580-8660
3 in this area
110 Total Sales
-
Amanda Johnson Bashor
Seller's Agent in 2024
Amanda Johnson Bashor
Hand Map Real Estate LLC
(810) 373-9517
2 in this area
96 Total Sales
Map
Source: Realcomp
MLS Number: 20251003378
APN: 21-067519
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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