Not interested in creative financing or low ball offers. The property is producing cash flow for the owner. Serious 6 figure offers only. Thanks!
?? Detroit Investment Opportunity – Tenant Occupied, Immediate Cash Flow!
Located in the heart of Detroit and walking distance to Chandler Park Golf Course, this solid single-family home is a turnkey rental opportunity with built-in income from day one.
?? Income-Producing Property
Section 8 Tenant Occupied
$1,450 per month in rental income
Guaranteed rent program
Collect rent immediately at closing
Perfect for investors looking to expand their portfolio with stable, consistent cash flow while benefiting from Detroit’s continued appreciation.
?? Property Features:
3 Bedrooms | 2 Bathrooms
2 Bedrooms & 1 Full Bath on Main Floor
Private Master Suite on Second Floor with Full Bath
Spacious Basement – Ideal for Storage
Personal Driveway (No street parking hassle)
?? Recent Updates:
New Water Heater
New Furnace
New Floors
New Windows
Major mechanical updates already completed — minimizing upfront expenses for the next owner.
?? Prime Location:
Walking distance to golf and green space
Easy access to major roads and amenities
Established neighborhood with strong rental demand
This is a turnkey, cash-flowing property in a growing market. Let your tenant pay the mortgage while property values continue to rise.
For sale by owner
Price cut: $9K (5/20)
$119,900
5778 Drexel St, Detroit, MI 48213
3beds
1,800sqft
SingleFamily
Built in 1928
3,920 Square Feet Lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
New water heaterNew floorsNew furnaceNew windows
What the owner loves about this home
Separate master suite upstairs w/ private bath.
- 120 days |
- 235 |
- 8 |
Listed by:
Property Owner (248) 825-1100
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Linoleum / Vinyl
- Basement: Finished
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street, Garage
Features
- Exterior features: Wood
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 21050702
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1928
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $6,800
- Annual tax amount: $539
- Date on market: 3/4/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,392/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $119,900-7%$67/sqft |
Source: Owner Report a problem | ||
| 3/27/2026 | Price change | $128,900-0.1%$72/sqft |
Source: Owner Report a problem | ||
| 3/19/2026 | Price change | $128,999-0.8%$72/sqft |
Source: Owner Report a problem | ||
| 3/4/2026 | Listed for sale | $129,999+10555.7%$72/sqft |
Source: Owner Report a problem | ||
| 1/21/2026 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2025 | Price change | $1,400+7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2025 | Listed for rent | $1,300-7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2025 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/5/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Listed for rent | $1,400+0.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2025 | Listing removed | $1,399$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listed for rent | $1,399-0.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2025 | Listed for rent | $1,400+3.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2024 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2024 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2024 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2024 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2011 | Sold | $1,220$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | $539 | $3,400 |
| 2015 | $539 +35.6% | $3,400 -14.6% |
| 2013 | $398 -26.2% | $3,979 -31.8% |
| 2010 | $539 | $5,834 -12% |
| 2009 | -- | $6,629 -13.5% |
| 2008 | -- | $7,664 |
| 2007 | -- | $7,664 +2.7% |
| 2005 | $81 | $7,459 +3% |
| 2004 | -- | $7,242 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Airport Sub
Nearby schools
GreatSchools rating
- 3/10Edward 'Duke' Ellington @ BeckhamGrades: PK-8Distance: 1.2 mi
- 4/10Denby High SchoolGrades: 9-12Distance: 2.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48213
- Airport Sub
- 5778 Drexel St









