Sold
5056 Somerset Avenue, Detroit, MI 48224
Sold on 10/27/2025 for$200,000
MLS # 20251037880 (Realcomp)
Built 19290.11 acres
1 / 49
Listing Description
Beautifully Updated 2 Family Flat – Ideal for Multi-Generational Living or InvestmentThis updated Eastside Detroit duplex offers versatile living with two separate units plus additional living space in the basement. The lower unit features 2 bedrooms, 1 bath, a spacious living room with recessed lighting and fireplace with electric insert, separate dining room, and an updated kitchen with ceramic flooring, backsplash, and granite countertops. The upper unit includes 1 bedroom, 1 bath, a walk-in closet, dining room, and an updated kitchen with granite countertops and ceramic flooring. Both units feature updated bathrooms, lighting fixtures, and mini-split systems for AC and heating in addition to the home’s boiler with radiant heat. The partially finished basement adds even more flexibility with an additional bedroom, full bathroom, and kitchenette. Recent updates include a new concrete driveway, rear upper and lower porches, new plumbing throughout, and a privacy fence in the backyard. A 2-car detached garage with opener provides secure parking. Sale includes all appliances, washer and dryer, plus furniture in living rooms, dining rooms, and bedrooms. Seller is providing a 1-year home warranty. Truly a turn-key opportunity! IDRBNG BATVAI
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bath, with original construction dating to 1929.
This home sold for $200,000.
Estimated annual property tax: $3,318, or about $277 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.11 acres
Year Built1929
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingRadiant
WaterPublic
Sale & Financing
Listed9/20/2025
Sold Date10/26/2025
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,253
Tax Year2025
State Equalized Value$51,700
Assessed Value$51,700
Parcel #21067107.
Source: Public Records
Legal Description
E SOMERSET 1640 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, W C R 21/468 40 X 124.16A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Serina Sutherland
Real Estate One-Royal Oak
Frequently Asked Questions about 5056 Somerset Avenue, Detroit, MI 48224
Which school district serves 5056 Somerset Avenue, Detroit, MI 48224?
Per MLS# 20251037880, 5056 Somerset Avenue, Detroit, MI 48224 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20251037880, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5056 Somerset Avenue, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $3,934. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5056 Somerset Avenue, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5056 Somerset Avenue, Detroit, MI 48224 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5056 Somerset Avenue, Detroit, MI 48224. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5056 Somerset Avenue, Detroit, MI 48224?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$3,318
Monthly$277
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$1,574
Principal & interest$1,297
Property taxes$277
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5056 Somerset Avenue, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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