REDUCED! LOCATED 4 MINUTES FROM THE HISTORIC INDIAN VILLAGE, YOU WILL FIND 5569 DREXEL NESTLED ON A 3,833 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW 40 YEAR ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. EVERY WINDOW IN THIS COMPOUND IS BRAND NEW AND SHE HAS BEEN UPGRADED WITH NEW FURNACES, NEW ELECTRICAL, NEW PLUMBING AND HOT WATER TANKS TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2178 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Sold for $171,000
$171,000
5569 Drexel St, Detroit, MI 48213
4beds
2,986sqft
Multi Family
Built in 1928
-- sqft lot
$172,400 Zestimate®
$57/sqft
$1,286 Estimated rent
Home value
$172,400
$159,000 - $188,000
$1,286/mo
Zestimate® history
Owner options
List your home for rent
$1,286/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,286/mo
Rent Zestimate®
Refinance and save
$1,245/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,245/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
New furnacesFreshly rolled paintNew plumbingNew electrical
Zillow last checked:
Listing updated:
Listed by:
Lauryn Johnson 248-207-2994,
KW Domain
Bought with:
Joseph Hammel, 6501422602
Keller Williams Somerset
Source: Realcomp II,MLS#: 20261007812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 2,986 sqft
- Finished area above ground: 1,981
- Finished area below ground: 1,005
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,484 Square Feet
- Dimensions: 35 x 100
Details
- Parcel number: W21I050773S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: PARKSIDE MANOR
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $24,600
- Annual tax amount: $2,168
- Date on market: 2/6/2026
- Cumulative days on market: 67 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Sold | $171,000+0.6%$57/sqft |
Source:  Realcomp II #20261007812 Report a problem | ||
| 2/25/2026 | Price change | $169,999-2.9%$57/sqft |
Source: Realcomp II #20261007812 Report a problem | ||
| 2/14/2026 | Price change | $175,000-12.5%$59/sqft |
Source: Realcomp II #20261007812 Report a problem | ||
| 2/6/2026 | Listed for sale | $200,000+700%$67/sqft |
Source: Realcomp II #20261007812 Report a problem | ||
| 8/12/2024 | Sold | $25,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $20,700 +22.5% |
| 2024 | -- | $16,900 +31% |
| 2023 | -- | $12,900 +59.3% |
| 2022 | -- | $8,100 -6.9% |
| 2021 | -- | $8,700 |
| 2020 | $510 -42% | $8,700 +11.5% |
| 2019 | $880 | $7,800 +5.4% |
| 2018 | $880 | $7,400 |
| 2017 | -- | $7,400 -40.3% |
| 2016 | $905 | $12,400 |
| 2015 | $905 -9.1% | $12,400 -14.5% |
| 2013 | $995 +10% | $14,501 -31.8% |
| 2010 | $905 | $21,261 -12% |
| 2009 | -- | $24,160 -13.5% |
| 2008 | -- | $27,931 |
| 2007 | -- | $27,931 +5.5% |
| 2005 | $100 | $26,475 +3% |
| 2004 | -- | $25,704 |
Find assessor info on the county website
Neighborhood: Chandler Park
Nearby homes
- $300-- bd1 ba1.2k sqft5575 Drexel St, Detroit, MI 48213Off Market
- $108,400-- bd1 ba1.5k sqft5561 Drexel St, Detroit, MI 48213Off Market
- $118,0003 bd2 ba1.4k sqft5581 Drexel St, Detroit, MI 48213Sold
- $47,5003 bd1 ba1.2k sqft5531 Drexel St, Detroit, MI 48213Sold
- $--2 bd1 ba880 sqft5552 Drexel St #2, Detroit, MI 48213Off Market
- $1,3003 bd1 ba843 sqft5553 Drexel St, Detroit, MI 48213For Rent
- $19,000-- bd1 ba1.2k sqft5574 Lenox St, Detroit, MI 48213Off Market
- $98,4003 bd3 ba1.5k sqft5566 Lenox St, Detroit, MI 48213Off Market
Nearby schools
GreatSchools rating
- 2/10EMAN Hamilton AcademyGrades: PK-8Distance: 0.3 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 2.1 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$172,400
2% more
+$3,448
With Zillow Showcase(estimated)
$175,848
- Michigan
- Wayne County
- Detroit
- 48213
- Chandler Park
- 5569 Drexel St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
