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Image 1 - 5251 Montclair St, Detroit, Michigan, 48213 - House for sale
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Home For Sale In Detroit, Michigan
5251 Montclair St, Detroit, Michigan, 48213

Home For Sale In Detroit, Michigan

house for sale
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Listed: 02/07/24

5251 Montclair St, Detroit, Michigan, 48213

Studio Bed:
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Price
$ 75,000

About This House

This brick multifamily unit has the potential to generate income through rental units. With each unit potentially renting for at least $1200 per month, this home is a promising investment opportunity. However, it's important to note that the statement ''all you need to do is some cosmetic updates'' may not necessarily reflect the full scope of work required. Furnace may contain Asbestos

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West End Housing & Living

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.