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Sold for $60,000
  • $60,000

    5075 Lenox St, Detroit, MI 48213

    4beds
    2,796sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $134,000 Zestimate®
    $21/sqft
    $1,047 Estimated rent

    Home value

    $134,000

    $96,000 - $177,000

    $1,047/mo

    Zestimate® history
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    $1,047/mo

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    Rent Zestimate®

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    $345/mo

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    $345/mo

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    What's special

    This is an amazing investment opportunity located in the Chandler-Park Chalmers neighborhood of Detroit. The home boasts 4 units; each 1 bedroom/ 1 bathroom. All units are vacant; allowing for new owner to add their own touches and TLC. Each unit has the potential to rent for around $700/month. There are 2 hot water tanks that are currently removed but would be replaced upon sale.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Hammel 248-422-1685,

    Keller Williams Somerset

    Bought with:

    Destiny Adell, 6501454364

    EXP Z Real Estate

    Source: Realcomp II,MLS#: 20240005537MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,796 sqft
    • Finished area above ground: 2,796

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 40.00 x 106.00
    Details
    • Parcel number: W21I049954S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Waterat Street

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    8/28/2024Pending sale$70,000+16.7%$25/sqft
    Source: Realcomp II #20240005537 Report a problem
    5/7/2024Sold$60,000-14.3%$21/sqft
    Source: Realcomp II #20240005537 Report a problem
    3/25/2024Price change$70,000-12.5%$25/sqft
    Source: Realcomp II #20240005537 Report a problem
    2/27/2024Price change$80,000-10.1%$29/sqft
    Source: Realcomp II #20240005537 Report a problem
    2/13/2024Price change$89,000-10.9%$32/sqft
    Source: Realcomp II #20240005537 Report a problem
    2/1/2024Price change$99,900-55.6%$36/sqft
    Source: Realcomp II #20240005537 Report a problem
    12/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/12/2023Listed for rent$695
    Source: Zillow Rentals Report a problem
    7/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/10/2023Listed for rent$695-12.6%
    Source: Zillow Rentals Report a problem
    6/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2023Listed for rent$795
    Source: Zillow Rentals Report a problem
    2/28/2022Pending sale$225,000$80/sqft
    Source: Realcomp II #2220005973 Report a problem
    2/17/2022Price change$225,000-2.2%$80/sqft
    Source: Realcomp II #2220005973 Report a problem
    2/10/2022Price change$230,000+1.1%$82/sqft
    Source: Realcomp II #2220005973 Report a problem
    1/28/2022Listed for sale$227,500+658.3%$81/sqft
    Source: Realcomp II #2220005973 Report a problem
    1/14/2021Sold$30,000-21.1%$11/sqft
    Source: Public Record Report a problem
    12/1/2020Pending sale$38,000+8.6%$14/sqft
    Source: MiRealSource #40126879 Report a problem
    11/29/2020Listed for sale$35,000-52.7%$13/sqft
    Source: Century 21 Premier #2200096828 Report a problem
    12/27/2005Sold$74,000+5.7%$26/sqft
    Source: Public Record Report a problem
    4/15/2003Sold$70,000$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $18,500 +22.5%
    2024-- $15,100 +15.3%
    2023-- $13,100 +61.7%
    2022-- $8,100 -8%
    2021-- $8,800
    2020$1,171 +33.1%$8,800 +11.4%
    2019$880 $7,900
    2018$880 $7,900
    2017-- $7,900 -53.3%
    2016$2,276 $16,900
    2015$2,276 +38.5%$16,900 -14.5%
    2013$1,643 -27.8%$19,767 -31.8%
    2010$2,276 $28,981 -12%
    2009-- $32,933 -13.5%
    2008-- $38,073
    2007-- $38,073 +5.5%
    2005$438 $36,088 +3%
    2004-- $35,037 +169.8%
    2001$1,081 +47.9%$12,987 +38.6%
    2000$731 $9,369

    Find assessor info on the county website

    Neighborhood: Chandler Park

    Nearby schools

    GreatSchools rating
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