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Renovation-Required Duplex

5042 Dailey Street Detroit, MI 48204

5042 Dailey Street, Detroit, MI, 48204
$40,000
For Sale
Claim this Listing
$40,000

MULTI_FAMILY - Other - Detroit, MI

Property Size2,316 SF
Lot Size0.10 Acres
Price / SF$17.27
AddedFeb 7
Days on Market158
Last RefreshJul 15 at 6:06 am

Property Features for 5042 Dailey Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Basement
Pets allowed
Call
Standard status
Active
APN
W16I003945S
Size
2,316 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Description
N DAILEY 714 DAILEY PARK SUB L29 P80 PLATS, W C R 16/185 35 X 120
Tax Annual Amount
2084

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1918
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other

Listing agent Salliece McCain

Listing office Robinson Realty & Management Group Inc 6632 Telegraph Ste 327, Bloomfield Hills, MI

Listing date Feb 7, 2026

MLS# 20261007859 Listing URL

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale duplex is being offered as-is and will require full renovation to achieve its intended condition. The property is located at 5042 Dailey Street in Detroit, MI and is set on a small lot size of 0.1 acres.

The listing notes direct access to the I-96 freeway, with the site positioned minutes from downtown and Mexican Town. The property is in a residentially zoned area, and the seller indicates it may be suitable for value-add strategies and long-term holds, subject to renovation.

The purchase is cash or renovation financing. The listing further states that ARVs in the area are $150,000 and rental comps are $1,200 per unit, and it references an estimated upside profile based on those figures. Please review all assumptions and underwriting details directly with your advisor.

Key Highlights

  • Brick duplex with 4 bedrooms and 2 bathrooms
  • Direct access to I‑96 freeway
  • Year built: 1918

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - As-is duplex with renovation needed, offering direct access to I-96 in a residentially zoned area.
Where is this duplex located?
The property is located at 5042 Dailey Street Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Brick duplex with 4 bedrooms and 2 bathrooms; Direct access to I‑96 freeway; Year built: 1918
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