Sold
5279 Cadieux Road, Detroit, MI 48224
Sold on 06/15/2026 for$68,000
MLS # 20261036864 (Realcomp)
3 beds2 baths1,161 sqftBuilt 19500.1 acres
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Listing Description
SUBMIT YOUR BEST OFFER! Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit’s sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $75,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization.Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,161 sq ft home built in 1950 sits in Finney in Detroit.
This home sold for $68,000 (about $59/sq ft).
Annual property taxes run approximately $2,901 ($242/month). 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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,161 sqft
Lot Size0.1 acres
Year Built1950
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage1.5 spaces
HeatingForced Air
Sale & Financing
Listed5/19/2026
Sold Date6/14/2026
Original Price$85,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,718
Tax Year2025
State Equalized Value$45,200
Assessed Value$45,200
Parcel #21075279-80
Source: Public Records
Legal Description
W CADIEUX 4&3 AND E 10 FT OF VAC ALLEY ADJ BERNARD VOGT SUB L62 P38 PLATS, W C R 21/981 40 X 111
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gentraia Brown
REMAX City Centre
Frequently Asked Questions about 5279 Cadieux Road, Detroit, MI 48224
What school district is 5279 Cadieux Road, Detroit, MI 48224 in?
Per MLS# 20261036864, 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# 20261036864, 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# 20261036864, the most recent reported annual property tax for 5279 Cadieux Road, Detroit, MI 48224 is $1,565. 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 5279 Cadieux Road, Detroit, MI 48224 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5279 Cadieux Road, Detroit, MI 48224 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
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Tax Estimate
$
Annual tax$2,901
Monthly$242
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$728
Principal & interest$486
Property taxes$242
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5279 Cadieux Road, 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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