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Sold
  • $80,000

    5541 Grayton St, Detroit, MI 48224

    3beds
    1,302sqft
    Single Family Residence
    Built in 1930
    5,662.8 Square Feet Lot
    $102,400 Zestimate®
    $61/sqft
    $1,475 Estimated rent

    Home value

    $102,400

    $71,000 - $139,000

    $1,475/mo

    Zestimate® history
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    Owner options

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    $1,475/mo

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    $1,475/mo

    Rent Zestimate®

    Refinance and save

    $460/mo

    Est. payment

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    $460/mo

    Est. payment

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    What's special

    3-Bedroom Rental in East English Village, Detroit** Serious investors only! Investors, don't miss this prime opportunity in Detroit's desirable East English Village! This 4-bedroom, 1-bathroom turnkey rental property is already income-producing, with a long-term tenant of 12 years in place, paying $1,100 per month. Professionally managed by a reliable property management company, this property offers hassle-free ownership and consistent cash flow. Located on the east side of Detroit, East English Village is known for its strong community vibe and well-maintained homes. Whether you're looking to expand your portfolio or secure your first rental property, this gem provides stability and peace of mind. THE PRICE IS FIRM! Tenant has their own water account set up

    Zillow last checked: 7 hours ago

    Listing updated: January 15, 2025 at 05:14pm

    Listed by:

    Kingsley Ifezue 586-256-3945,

    Detroit Metro Realty

    Bought with:

    Kingsley Ifezue, 6502412737

    Detroit Metro Realty

    Source: MichRIC,MLS#: 24046256MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Crawl Space,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,302
    • Total interior livable area: 1,302 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Stories: 2
    Lot
    • Size: 5,662 sqft
    • Dimensions: 39 x 144 x 39 x 143
    Details
    • Parcel number: 21074191.

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: None
    • Utilities for property: Natural Gas Available, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: Eastern Heights Land Companys Sub 1

    Other

    Other facts
    • Listing terms: Cash,VA Loan,Conventional

    Price history

    DateEventPrice
    1/15/2025Sold$80,000$61/sqft
    Source: MichRIC #24046256 Report a problem
    1/13/2025Pending sale$80,000$61/sqft
    Source: MichRIC #24046256 Report a problem
    1/12/2025Price change$80,000-27.3%$61/sqft
    Source: MichRIC #24046256 Report a problem
    12/13/2024Pending sale$110,000$84/sqft
    Source: MichRIC #24046256 Report a problem
    11/25/2024Listing removed$110,000$84/sqft
    Source: Realcomp II #81024046256 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $46,700 +25.5%
    2024-- $37,200 +30.5%
    2023-- $28,500 +61%

    Find assessor info on the county website

    Neighborhood: East English Village

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $102,400
    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
    $102,400