For sale

$40,000

5042 Dailey St, Detroit, MI 48204

4beds

2,316sqft

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Duplex

Built in 1918

-- sqft lot

$-- Zestimate^®

$17/sqft

$-- HOA

What's special

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.

143 days

140

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Full,Interior Entry,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,316 sqft
Finished area above ground: 2,316

Property

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 35 x 120

Details

Parcel number: W16I003945S
Zoning description: Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex

Materials

Brick
Foundation: Basement, Poured

Condition

New construction: No
Year built: 1918

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: DAILEY PARK SUB

Location

Region: Detroit

Financial & listing details

Price per square foot: $17/sqft
Tax assessed value: $23,400
Annual tax amount: $2,084
Date on market: 2/7/2026
Cumulative days on market: 143 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

Not available

Estimated sales range

Not available

$1,277/mo

Price history

Date	Event	Price
3/24/2026	Price change	$40,000-11.1%$17/sqft
Source: Realcomp II #20261007859 Report a problem
3/5/2026	Price change	$45,000-18.2%$19/sqft
Source: Realcomp II #20261007859 Report a problem
2/20/2026	Price change	$55,000-8.3%$24/sqft
Source: Realcomp II #20261007859 Report a problem
2/7/2026	Listed for sale	$60,000$26/sqft
Source: Realcomp II #20261007859 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$20,200 +23.2%
2024	--	$16,400 +27.1%
2023	--	$12,900 +25.2%
2022	--	$10,300 +5.1%
2021	--	$9,800
2020	$1,395 +52.6%	$9,800 -6.7%
2019	$914	$10,500 +5%
2018	$914	$10,000 -2.9%
2017	--	$10,300 -59.8%
2016	$1,063	$25,600 +236.8%
2015	$1,063 +1.3%	$7,600 -27.5%
2013	$1,049 -1.3%	$10,488 -20.7%
2010	$1,063	$13,224 -12%
2009	--	$15,027 -10.5%
2008	--	$16,790
2007	--	$16,790 +3%
2005	$111	$16,301
2004	--	$16,301

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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