Sold
5511 Drexel Street, Detroit, MI 48213
Sold on 10/27/2025 for$30,000
MLS # 20251041442 (Realcomp)
Built 19290.08 acres
1 / 11
Listing Description
Here’s your chance to own a well-located investment property with plenty of upside. This multi-unit home offers two separate 2-bedroom, 1-bath units, each with generous living space and natural light. Both units are ideal for tenants or multi-generational living.While the property does need some TLC, the potential is undeniable—whether you renovate for higher rental returns, occupy one unit and rent the other, or add to your growing portfolio. Situated close to shopping, restaurants, and major highways, the location ensures strong rental demand and long-term value.Bring your vision and make this property shine! Schedule a showing today. BATVAI
Source: SparkMLS
About this home
2-bath home in Chandler Park in Detroit built in 1929.
This home sold for $30,000.
Estimated annual property tax: $1,181, or about $98 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.08 acres
Year Built1929
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed10/1/2025
Sold Date10/26/2025
Original Price$45,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$736
Tax Year2025
State Equalized Value$18,400
Assessed Value$18,400
Parcel #21050781.
Source: Public Records
Legal Description
W DREXEL 285 & 1/2 OF VAC ALLEY ADJ PARKSIDE MANOR SUB L45 P53 PLATS, W C R 21/675 35 X 109
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Theodora Brown
Coldwell Banker Professionals-GPF
Frequently Asked Questions about 5511 Drexel Street, Detroit, MI 48213
What school district is 5511 Drexel Street, Detroit, MI 48213 in?
Per MLS# 20251041442, 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# 20251041442, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251041442, the most recent reported annual property tax for 5511 Drexel Street, Detroit, MI 48213 is $983. 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 Drexel Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5511 Drexel 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, 5511 Drexel 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 5511 Drexel Street, Detroit, MI 48213?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.2 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$1,181
Monthly$98
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$357
Principal & interest$259
Property taxes$98
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed 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 Drexel Street, Detroit, MI 48213
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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