Sold for $496,000

$496,000

5050 Commonwealth St, Detroit, MI 48208

3beds

1,578sqft

Apartment

Built in ----

-- sqft lot

$492,700 Zestimate^®

$314/sqft

$1,836 Estimated rent

Home value

$492,700

$453,000 - $532,000

$1,836/mo

Zestimate^® history

Owner options

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$1,836/mo

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$1,836/mo

Rent Zestimate^®

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$3,448/mo

Est. payment

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$3,448/mo

Est. payment

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What's special

Hardwood floorsOff-street parkingCentral heating and coolingGas stovePrivate balcony

Upper rental unit with private entrance available to rent starting June 15th or July 1st. Renovated in 2020. 3 Bedrooms | 1 Bathroom 1,578 sq. ft. $2,250/month Security deposit: 1.5 months' rent Features include: Modern, updated kitchen with stainless steel appliances Gas stove Central heating and cooling Hardwood floors Separate basement with storage and laundry (washer & dryer) Private balcony Off-street parking Walking distance to WSU Landlord resides in the lower unit. 12 or 24 month lease Tenant pays Electric and Gas via DTE. Landlord pays Water and Waste.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
Laundry: In Unit

Features

Flooring: Hardwood

Interior area

Total interior livable area: 1,578 sqft

Property

Parking

Parking features: Off Street
Details: Contact manager

Features

Exterior features: Electricity not included in rent, Gas not included in rent, Heating system: Forced Air, Water included in rent

Details

Parcel number: 08006050

Construction

Type & style

Home type: Apartment
Property subtype: Apartment

Utilities & green energy

Utilities for property: Water

Community & HOA

Community

Deposit fee: $3,375

Location

Region: Detroit

Financial & listing details

Price per square foot: $314/sqft
Tax assessed value: $169,100
Date on market: 4/16/2026
Date available: 06/15/2026
Lease term: 1 Year

Price history

Date	Event	Price
4/28/2026	Listing removed	$2,250$1/sqft
Source: Zillow Rentals Report a problem
4/16/2026	Listed for rent	$2,250+7.1%$1/sqft
Source: Zillow Rentals Report a problem
4/28/2025	Sold	$496,000+75.3%$314/sqft
Source: Public Record Report a problem
2/24/2023	Listing removed	--
Source: Zillow Rentals Report a problem
1/30/2023	Listed for rent	$2,100$1/sqft
Source: Zillow Rentals Report a problem
1/24/2020	Sold	$283,000$179/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$169,100 +17.6%
2024	--	$143,800 +64.9%
2023	--	$87,200 +206%
2022	--	$28,500 +6.7%
2021	--	$26,700
2020	$594 -43.8%	$26,700 +38.3%
2019	$1,058	$19,300 +10.3%
2018	$1,058	$17,500 +17.4%
2017	--	$14,900 -81.6%
2016	$915	$80,900 +421.9%
2015	$915 +17.6%	$15,500 -15.3%
2013	$778 -14.9%	$18,297 -31.8%
2010	$915	$26,825 -18%
2009	--	$32,714 -11.5%
2008	--	$36,965
2007	--	$36,965 +5.5%
2005	$78	$35,038 +3%
2004	--	$34,017