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For sale
  • $49,900

    5081 Somerset Ave, Detroit, MI 48224

    4beds
    2,098sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $-- Zestimate®
    $24/sqft
    $-- HOA

    What's special

    Investment-opportunity: property is sold as is and only accepting cash offers. *****PLEASE BE AWARE SQUATTERS OCCUPY PROPERTY AND THERE IS NO WAY TO GAIN ACCESS AT THIS TIME. SELLER WOULD PREFER FOR BUYER TO HANDLE*******Looking for your next project? This 2-family flat on Detroit’s East Side is priced to move and ready for your vision. This upper/lower configuration provides two distinct units with solid bones and classic layouts. Lower Unit: 2 Bedrooms, 1 Bath, Living Room, Formal Dining Room, Kitchen. Upper Unit: 2 Bedroom, 1 Bath, Living Room, Formal Dining Room, Kitchen. This property is being sold AS-IS, making it the perfect canvas for a full renovation. EMD to be held by listing broker & be certified/cashier's funds. Proof of funds required with all offers. Owner has other rentals/properties to sell and this can be bought individually or as a package deal. The other address 6184 Guilford, 8810 Farmbrook, 3491 Haverhill, 5919-17 Yorkshire, 5081-83 Somerset, 18603-186011 Moross, 3506-08 Haverhill, and 12216 Morang 7 unit in Detroit. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.
    15 days
    546
    33

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    James A Haidar 586-285-5555,

    RE/MAX First 586-781-2900

    Source: Realcomp II,MLS#: 20261067985MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Hot Water, Natural Gas
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,098 sqft
      • Finished area above ground: 2,098

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 40 x 120
      Details
      • Parcel number: W21I067512S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: EAST DETROIT DEV COS 3
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $24/sqft
      • Tax assessed value: $24,643
      • Annual tax amount: $4,775
      • Date on market: 8/25/2026
      • Cumulative days on market: 35 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,107/mo

        Price history

        DateEventPrice
        8/25/2026Listed for sale$49,900-9.1%$24/sqft
        Source: Realcomp II #20261067985 Report a problem
        8/25/2026Listing removed$54,900$26/sqft
        Source: Realcomp II #20261065710 Report a problem
        8/18/2026Listed for sale$54,900-15.4%$26/sqft
        Source: Realcomp II #20261065710 Report a problem
        8/18/2026Listing removed$64,900$31/sqft
        Source: Realcomp II #20261056587 Report a problem
        8/6/2026Price change$64,900-7.2%$31/sqft
        Source: Realcomp II #20261056587 Report a problem
        8/5/2026Listed for sale$69,900+2230%$33/sqft
        Source: Realcomp II #20261056587 Report a problem
        12/4/2015Sold$3,000$1/sqft
        Source: Agent Provided Report a problem
        10/2/2015Sold$3,000$1/sqft
        Source: MiRealSource #31242348 Report a problem
        9/4/2015Price change$3,000-21.1%$1/sqft
        Source: City Management Group #215046132 Report a problem
        6/25/2015Price change$3,800-30.9%$2/sqft
        Source: City Management Group #215046132 Report a problem
        6/23/2015Price change$5,500-3.5%$3/sqft
        Source: City Management Group #215046132 Report a problem
        5/28/2015Price change$5,700-5%$3/sqft
        Source: City Management Group #215046132 Report a problem
        5/12/2015Listed for sale$6,000$3/sqft
        Source: City Management Group #215046132 Report a problem
        4/10/2008Sold$6,000-92.8%$3/sqft
        Source: MiRealSource #9284 Report a problem
        7/26/2007Sold$82,909$40/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $42,100 +27.2%
        2024-- $33,100 +18.6%
        2023-- $27,900 +24.6%
        2022-- $22,400 +8.2%
        2021-- $20,700
        2020$3,160 $20,700
        2019-- --
        2018-- $16,000 +8.1%
        2017-- $14,800 +80.5%
        2016$2,258 $8,200
        2015$2,258 +15.3%$8,200 -58.1%
        2013$1,958 -13.3%$19,578 -31.8%
        2010$2,258 $28,703 -18%
        2009-- $35,004 -13%
        2008-- $40,235
        2007-- $40,235 +5.5%
        2005$463 $38,137 +3%
        2004-- $37,026 +3.9%
        2001$2,320 +101.6%$35,650 +85.4%
        2000$1,151 $19,230
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Morningside

        Getting around

        69 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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