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    5026 Bewick St Detroit, MI 48213

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    For Sale
    $45,000

    Multi-family property with income potential in Detroit, Michigan.

    Lot size:
    0.09 Acres

    Property Features for 5026 Bewick St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1921

    Source: United Real Estate Detroit LLC Agent DeShonna Igwenagha

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Investment Opportunity

    This multi-family property is located in a promising neighborhood. The building features multiple units that can be transformed into a profitable investment with renovation. The upper unit provides a blank canvas to tailor the space to specific needs or the demands of the rental market. Once updated, this property has the potential to generate up to 2,000 per month in rental income. The property has a solid structure and ample square footage, and is poised to become a high-yield investment.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9945732
    Latitude
    42.3836348

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    FAQs

    What type of property is this?
    Multifamily property - Multi-family property with income potential in Detroit, Michigan.
    Where is this multifamily property located?
    The property is located at 5026 Bewick St Detroit, MI.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Multi-family property in a promising neighborhood.; - Investment property with potential for rental income generation.; - Potential to generate up to $2,000 per month in rental income.
    (313) 236-0048
    Request Owner's contact information
    5026 Bewick St Detroit, MI 48213
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    Detroit, MI 48213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5026 Bewick St Detroit, MI 48213
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