Sold
5511-5513 Somerset Avenue, Detroit, MI 48224
Sold on 01/28/2026 for$140,000
MLS # 20251042483 (Realcomp)
Built 19280.11 acres
1 / 26
Listing Description
Beautifully Remodeled Multi-Unit Property – Income & Opportunity!Recently remodeled duplex featuring a tenant-occupied lower unit and a vacant upper unit ready for move-in. Each unit offers modern finishes, updated kitchens and baths, new flooring, and fresh paint. Ideal for investors or owner-occupants looking to live in one unit and generate income from the other. Separate entrances of the back, off-street parking, and a convenient location near shops, schools, and transportation.
Source: SparkMLS
About this home
2-bath home in Finney in Detroit built in 1928.
Closed at $140,000.
Annual property taxes run approximately $3,877 ($323/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.11 acres
Year Built1928
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed10/12/2025
Sold Date1/27/2026
Original Price$165,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$6,040
Tax Year2025
State Equalized Value$60,400
Assessed Value$60,400
Parcel #21067491.
Source: Public Records
Legal Description
W SOMERSET 1889 E DETROIT DEVELOPMENT COS SUB NO 4 L42 P9 PLATS, W C R 21/615 40 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jhalisha Foster
Clyde Realty LLC
Frequently Asked Questions about 5511-5513 Somerset Avenue, Detroit, MI 48224
What school district is 5511-5513 Somerset Avenue, Detroit, MI 48224 in?
Per MLS# 20251042483, 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# 20251042483, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251042483, the most recent reported annual property tax for 5511-5513 Somerset Avenue, Detroit, MI 48224 is $7,877. 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 5511-5513 Somerset Avenue, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5511-5513 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5511-5513 Somerset Avenue, 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.
Is fiber internet available at 5511-5513 Somerset Avenue, Detroit, MI 48224?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5511-5513 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.
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$3,877
Monthly$323
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$1,361
Principal & interest$1,038
Property taxes$323
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
5511-5513 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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