5510 Allendale Street Detroit, MI ^$ 140,000

5510 Allendale Street

^$ 140,000

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Recently Listed

5510 Allendale Street

Detroit, MI, 48204

^$ 140,000

Studio Baths0.0

Monthly Estimate*

^$ 838

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Studio

Multi-Family Home for sale in Detroit, MI

for $140,000. This home was built in 1925 on a lot size of 0.09.

Welcome to 5510 Allendale, Detroit, a fantastic investment opportunity with this well-performing duplex featuring two spacious 2-bedroom, 1-bathroom units. With over 2,200 square feet of living space, each unit is occupied by reliable, paying tenants with leases in place through next year, ensuring immediate cash flow and stability. Located in the vibrant Morningside neighborhood, this property is close to parks, schools, shopping, and dining, with easy access to major roadways for quick commutes to downtown. This well-maintained duplex is perfect for investors looking for a solid income-generating property in a desirable area.

Multi-Family Active

Price

^$ 140,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,110

Style

Lot Size

0.09

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70430051

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Year Built 1925

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions From Mack Avenue head north on Coplin Street. Turn left onto Allendale Street. The property is on the right.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

DOM 48

Postal Code 48204

Coming Soon Welcome to 5510 Allendale Detroit a fantastic investment opportunity with this well-performing duplex featuring two spacious 2-bedroom 1-bathroom units. With over 2 200 square feet of living space

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 34

Lot Size Area 0.09

Lot Dimensions 119x34

Waterfront Y/N No

* Excluded Features

List By

Deuntay Fields

Listing Agent

Beal Properties Llc

Broker

deuntayf3@gmail.com

Affordability Calculator

$931

Per Month

Monthly Principal & Interest: $838
Monthly Property Taxes: $93
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$225,767

Percent of Sale Price 61%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/10/2024	$140,000		Listed Price

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5510 Allendale Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $140,000 with a lot size of 0.09. 5510 Allendale Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5510 Allendale Street

Multi-Family Home for sale in Detroit, MI

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