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Image 1 - 5731 Somerset Ave, Detroit, Michigan, 48224 - House for sale
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Somerset Ave, Detroit, Home For Sale
5731 Somerset Ave, Detroit, Michigan, 48224

Somerset Ave, Detroit, Home For Sale

house for sale
Listed: 08/01/24

5731 Somerset Ave, Detroit, Michigan, 48224

Studio Bed:
2 Bath:
2,516 Sq Ft Living Area:
Save
Price
$ 155,000

About This House

Come check out your newest investment 5731 Somerset! This 2-unit property with 2 Beds and 1 bath each unit is ready to make you monthly income. This property is already rehab and occupied helping you fast-forward your investment into profit. The property is located near a freeway making a daily commute easier.

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Morningside Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Morningside, Detroit, United States averaged $155,249, an increase of 9.3% from the previous month.
Median price trends for properties for sale in Morningside, Detroit, United States as of August 2024.

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.