Skip main navigation
Off market
  • $100,700

    5731 Somerset Ave, Detroit, MI 48224

    4beds
    2,516sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $100,700 Zestimate®
    $40/sqft
    $1,163 Estimated rent

    Home value

    $100,700

    $73,000 - $132,000

    $1,163/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,163/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,163/mo

    Rent Zestimate®

    Refinance and save

    $579/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $579/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 started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Come check out your newest investment 5731 Somerset! This 2-unit property with 2 Beds and 1 bath each unit is ready to make you monthly income. This property is already rehab and occupied helping you fast-forward your investment into profit. The property is located near a freeway making a daily commute easier. With a cap rate of fourteen percent this property will make the new buyer a great return.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 20240077158

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Radiant
    Interior area
    • Total structure area: 2,516
    • Total interior livable area: 2,516 sqft

    Property

    Details
    • Parcel number: 21067478001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1929

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $40/sqft
    • Tax assessed value: $50,600
    • Date on market: 10/12/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/12/2024Listed for sale$151,000$60/sqft
    Source: Realcomp II #20240077158 Report a problem
    9/26/2024Listing removed$151,000$60/sqft
    Source: Realcomp II #20240055265 Report a problem
    8/29/2024Price change$151,000-2.6%$60/sqft
    Source: Realcomp II #20240055265 Report a problem
    8/2/2024Listed for sale$155,000+210%$62/sqft
    Source: Realcomp II #20240055265 Report a problem
    10/26/2022Sold$50,000-45.7%$20/sqft
    Source: Realcomp II #2220006964 Report a problem
    10/7/2022Pending sale$92,000$37/sqft
    Source: Realcomp II #2220006964 Report a problem
    6/2/2022Listed for sale$92,000$37/sqft
    Source: Realcomp II #2220006964 Report a problem
    4/6/2022Pending sale$92,000$37/sqft
    Source: Realcomp II #2220006964 Report a problem
    2/20/2022Listed for sale$92,000+228.6%$37/sqft
    Source: Realcomp II #2220006964 Report a problem
    2/28/2020Listing removed$699
    Source: Lenox PM Report a problem
    1/28/2020Listed for rent$699
    Source: Lenox PM Report a problem
    5/15/2019Sold$28,000-37.8%$11/sqft
    Source: Public Record Report a problem
    8/13/2016Listing removed$45,000$18/sqft
    Source: Keller Williams - West Bloomfield #216014433 Report a problem
    2/15/2016Listed for sale$45,000+183%$18/sqft
    Source: Keller Williams Rlty West Bloomfield M C #216014433 Report a problem
    12/3/2010Listing removed$15,900$6/sqft
    Source: CENTURY 21 ELEGANT HOMES #210076337 Report a problem
    7/5/2010Price change$15,900-65.4%$6/sqft
    Source: CENTURY 21 ELEGANT HOMES #210076337 Report a problem
    1/30/2010Price change$45,900-22.9%$18/sqft
    Source: CENTURY 21 ELEGANT HOMES #210009819 Report a problem
    9/1/2009Price change$59,500-21.7%$24/sqft
    Source: CENTURY 21 Elegant Homes #29086826 Report a problem
    7/3/2009Listed for sale$76,000$30/sqft
    Source: CENTURY 21 Elegant Homes #29086826 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $50,600 +27.5%
    2024-- $39,700 +18.5%
    2023-- $33,500 +24.5%
    2022-- $26,900 +8.5%
    2021-- $24,800
    2020$2,271 +53.4%$24,800 +12.2%
    2019$1,480 $22,100 +15.7%
    2018$1,480 $19,100 +7.9%
    2017-- $17,700 +17.2%
    2016$2,337 $15,100
    2015$2,337 +14.6%$15,100 -25.9%
    2013$2,039 -12.8%$20,387 -31.8%
    2010$2,337 $29,889 -18%
    2009-- $36,450 -13%
    2008-- $41,897
    2007-- $41,897 +5.5%
    2005$364 $39,713 +3%
    2004-- $38,556 +41.8%
    2001$2,264 +10.1%$27,184 +3.2%
    2000$2,055 $26,341
    Find assessor info on the county website

    Neighborhood: Morningside

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $100,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $100,700