NOT LISTED FOR SALE

Estimated Value: $56,000 - $79,000

Studio
2 Baths
1,780 Sq Ft
$41/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2025

Last sale price $70,000 $39 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $465 / mo

34 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding

About This Home

As of September 2025

Welcome to 5138 Holcomb — a solid brick 2-unit multifamily property located on Detroit's East Side, just minutes from I-94 and Gratiot Ave. This spacious duplex offers great potential for both investors and owner-occupants looking to generate rental income. Each unit features its own private entrance, with a combined total of 3 bedrooms and 2 bathrooms, making this an ideal opportunity for house hacking or building your rental portfolio. The property also features original hardwood floors, separate living and dining areas, and a full basement with ample storage. The large lot provides off-street parking and backyard space that could be fenced or landscaped. Located in a growing neighborhood near Chandler Park, schools, and public transportation. OPEN HOUSE 8/17/25 1-3P

Last Agent to Sell the Property

Marquia Potter

KW Home Realty License #6501441353 Listed on: 07/18/2025

KW Home Realty

Last Buyer's Agent

Marquia Potter

KW Home Realty License #6501441353 Listed on: 07/18/2025

KW Home Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 1913

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 125x30x124x30

Parking

  • 1 Parking Space

Home Design

  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for electricity, water, gas

Community Details

Overview

  • 2 Units
  • Sprague And Visgers Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$820

Year Built

Built in 1913

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1913
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 125X30X124X30
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Location Property Info:Subdivision2: SPRAGUE AND VISGERS SUB
  • Substructure:Michigan Basement: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 820.0
  • Remarks Misc: Public Remarks: Welcome to 5138 Holcomb — a solid brick 2-unit multifamily property located on Detroit's East Side, just minutes from I-94 and Gratiot Ave. This spacious duplex offers great potential for both investors and owner-occupants looking to generate rental income. Each unit features its own private entrance, with a combined total of 3 bedrooms and 2 bathrooms, making this an ideal opportunity for house hacking or building your rental portfolio. The property also features original hardwood floors, separate living and dining areas, and a full basement with ample storage. The large lot provides off-street parking and backyard space that could be fenced or landscaped. Located in a growing neighborhood near Chandler Park, schools, and public transportation. OPEN HOUSE 8/17/25 1-3P
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 79900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 125X30X124X30
  • Lot Size Sq Ft: 3920.0

Rental Info

  • Owner Pays: Electricity, Water, Gas
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 820.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Sep 22, 2025
Sold by
Bought by
Seller's Agent
Marquia Potter
KW Home Realty
Buyer's Agent
Marquia Potter
KW Home Realty
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Views
11
Current Estimated Value
$72,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,916
Avg. Annual Appreciation
4.54%
Original Mortgage
$80,750
Outstanding Balance
$80,089
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$7,173

Purchase Details

Closed on
Mar 17, 2023
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gratiot Woods, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$85,000 Platinumfirst Title
-- None Listed On Document
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $80,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $70,000 -12.4% $39 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
08/11/2025 08/11/25 Price Changed $79,900 -11.1% $45 / Sq Ft
07/18/2025 07/18/25 For Sale $89,900 -- $51 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $775 $24,100 $0 $0
2024 $511 $20,500 $0 $0
2023 $740 $16,500 $0 $0
2022 $773 $14,500 $0 $0
2021 $758 $10,300 $0 $0
2020 $758 $10,100 $0 $0
2019 $751 $9,300 $0 $0
2018 $689 $8,800 $0 $0
2017 $84 $9,000 $0 $0
2016 $731 $4,600 $0 $0
2015 $460 $4,600 $0 $0
2013 $532 $5,323 $0 $0
2010 -- $7,804 $376 $7,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25035792

MichRIC

APN: 19-008308

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