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Sold for $250,000
  • $250,000

    5354 Oregon St, Detroit, MI 48204

    2beds
    4,464sqft
    Single Family Residence
    Built in 1924
    5,662.8 Square Feet Lot
    $176,000 Zestimate®
    $56/sqft
    $1,252 Estimated rent

    Home value

    $176,000

    $123,000 - $234,000

    $1,252/mo

    Zestimate® history
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    $1,252/mo

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    $1,781/mo

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    $1,781/mo

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    What's special

    Discover this exceptional investment opportunity with a four-unit multifamily property, currency generating steady income with three units already occupied. This well-maintained property offers a fantastic blend of stability and potential, making it for both seasoned investors and those new to the market. Each unit is spacious with 2 bedrooms and 1 bathroom. In April of 2020 the owner replaced the roof, gutter, fascia downspouts, and added all new windows throughout. In Apil of 2021 the sewer line was replaced and also received a clearance report for lead. Unoccupied unit is available for showing. Please do not disturb tenants. BATVAI

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Riley 248-385-3350,

    DOBI Real Estate

    Bought with:

    Steven Riley, 6501385070

    DOBI Real Estate

    Source: Realcomp II,MLS#: 20240075888MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,464 sqft
    • Finished area above ground: 4,464

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevel
    • Pool features: None
    Lot
    • Size: 5,662 sqft
    • Dimensions: 45.00 x 128.00
    Details
    • Parcel number: W16I002731S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: SECURITY LAND COS (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    1/3/2025Pending sale$250,000$56/sqft
    Source: Realcomp II #20240075888 Report a problem
    12/4/2024Sold$250,000$56/sqft
    Source: Realcomp II #20240075888 Report a problem
    11/21/2024Listing removed$850
    Source: Zillow Rentals Report a problem
    11/15/2024Listed for rent$850+21.4%
    Source: Zillow Rentals Report a problem
    10/8/2024Listed for sale$250,000$56/sqft
    Source: Realcomp II #20240075888 Report a problem
    7/24/2024Listing removed--
    Source: Realcomp II #20240041155 Report a problem
    6/11/2024Listed for sale$250,000+316.7%$56/sqft
    Source: Realcomp II #20240041155 Report a problem
    12/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/5/2023Listed for rent$700
    Source: Zillow Rentals Report a problem
    8/4/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/21/2023Listed for rent$700
    Source: Zillow Rentals Report a problem
    1/21/2020Sold$60,000+9.1%$13/sqft
    Source: Public Record Report a problem
    12/5/2019Listed for sale$55,000-1.8%$12/sqft
    Source: O Sheard Realty LLC #219120431 Report a problem
    5/11/2016Sold$56,000-6.7%$13/sqft
    Source: Public Record Report a problem
    1/25/2016Listing removed$60,000$13/sqft
    Source: RCH Brokerage Legacy Inc #215079307 Report a problem
    7/27/2015Listed for sale$60,000+2461.9%$13/sqft
    Source: RCH Brokerage Legacy Inc #215079307 Report a problem
    4/19/2012Sold$2,342-57.4%$1/sqft
    Source: Public Record Report a problem
    5/8/2008Sold$5,500-92.2%$1/sqft
    Source: Public Record Report a problem
    6/4/2007Sold$70,550-47.7%$16/sqft
    Source: Public Record Report a problem
    2/28/2007Sold$135,000+28.6%$30/sqft
    Source: Public Record Report a problem
    6/28/2004Sold$105,000+31.3%$24/sqft
    Source: Public Record Report a problem
    5/19/2004Sold$80,000$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $49,700 +25.8%
    2024-- $39,500 +15.5%
    2023-- $34,200 +18.8%
    2022-- $28,800 +15.2%
    2021-- $25,000
    2020$2,438 +1.6%$25,000 -8.8%
    2019$2,398 $27,400 +15.1%
    2018$2,398 $23,800 -2.5%
    2017-- $24,400 -71.7%
    2016$1,032 $86,300 +369%
    2015$1,032 +10.2%$18,400 -28.2%
    2013$937 -9.2%$25,621 +153%
    2010$1,032 $10,125 -12%
    2009-- $11,506 -10.5%
    2008-- $12,856
    2007-- $12,856 +5.5%
    2005$122 $12,186 +3%
    2004-- $11,831

    Find assessor info on the county website

    Neighborhood: Midwest

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $176,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $176,000