Sold
5183 PENNSYLVANIA Street, Detroit, MI 48213
Sold on 06/27/2025 for$360,000
MLS # 20251006720 (Realcomp)
Built 19250.1 acres
1 / 35
Listing Description
Discover this beautifully updated four-family flat that blends classic Detroit characters with modern upgrades. Each unit has been thoughtfully renovated, featuring sleek contemporary kitchens, stainless steel appliances, updated bathrooms, and sun-drenched living spaces that feel like home. Appraised well over asking at $420,000 Monthly Gross Rent: $3,975($1,025 + $950 + $950 + $1,050) Water: $1,100/year Taxes: Under $1,000/year Maintenance: Estimated $1,000/year Current Net Operating Income (NOI): ~$44,900 Current CAP Rate: ~10.7%Each unit is separately metered, tenants pay their own gas and electric, and there's off-street parking, a shared backyard, and strong curb appeal that’s rare to find at this level of finish.Upside Potential? Rents are solid now but under the market for updated 2-bed units in the area. With strategic rent increases over time or short-term rental opportunities, your cash flow could go from good to great.Whether you're an investor looking to grow your portfolio or a savvy buyer ready to live in one unit and let the others pay the mortgage — this one checks every box.
Source: SparkMLS
About this home
4-bath home in St Jean in Detroit built in 1925.
This home sold for $360,000.
Broadband is available with download speeds up to 1,200 Mbps from 6 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.1 acres
Year Built1925
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/8/2025
Sold Date6/26/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$70
Tax Year2025
State Equalized Value$700
Assessed Value$700
Parcel #19005904.
Source: Public Records
Legal Description
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. W PENNSYLVANIA 1 BLK 8 ALBERT HESSELBACHER & JOS S VISGERS SUB L16 P74 PLATS, W C R 19/80 35 X 128.69A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Elijah Cook
KW Metro
Frequently Asked Questions about 5183 PENNSYLVANIA Street, Detroit, MI 48213
What school district is 5183 PENNSYLVANIA Street, Detroit, MI 48213 in?
Per MLS# 20251006720, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20251006720, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251006720, the most recent reported annual property tax for 5183 PENNSYLVANIA Street, Detroit, MI 48213 is $61. 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.
Is 5183 PENNSYLVANIA Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5183 PENNSYLVANIA Street, Detroit, MI 48213 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5183 PENNSYLVANIA Street, Detroit, MI 48213 is in flood zone X (minimal risk). 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.
Is fiber internet available at 5183 PENNSYLVANIA Street, Detroit, MI 48213?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5183 PENNSYLVANIA Street, Detroit, MI 48213. The maximum advertised download speed is 1.2 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$45
Monthly$4
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
$
%
$
$
$
Monthly payment$2,273
Principal & interest$2,269
Property taxes$4
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
6 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
5183 PENNSYLVANIA Street, Detroit, MI 48213
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Neighborhood
St Jean
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Community
Detroit
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County
Wayne County
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