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Upper-Lower Duplex Renovation
New
For Sale
$64,900

5081 Somerset Ave, Detroit, MI 48224

Two separate units each offer living, dining, kitchen, two bedrooms, and one bathroom.

Property Size2,098 SF
Days on Market4

Property Features for 5081 Somerset Ave

General Information

Standard status Active
Size 2,098 SF
Property subtype Investment

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,775

Building Details

Building Size 2,098 SF
Year Built 1929
Buildings 1
Units 2
Listing Agency: RE/MAX First
Listed By: James A Haidar · License #326730
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 8:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX First

Investment Insights

Based on property information with market context.

This 1929 duplex contains two distinct residences in an upper-and-lower arrangement. Both units provide two bedrooms, one bathroom, a living room, formal dining room, and kitchen. The property is offered in its current as-is condition and requires a full renovation.

Access is presently unavailable because squatters occupy the building. The property is located at 5081 Somerset Ave in Detroit’s East Side. The sale is limited to cash offers, with proof of funds required for submitted offers.

Key Highlights

  • Two‑family duplex with one upper unit and one lower unit
  • Each unit includes 2 bedrooms, 1 bath, living room, formal dining room, and kitchen
  • Built in 1929

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

Demographics for 48224, MI

39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate units each offer living, dining, kitchen, two bedrooms, and one bathroom.
Where is this duplex located?
The property is located at 5081 Somerset Ave Detroit, MI.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: Two‑family duplex with one upper unit and one lower unit; Each unit includes 2 bedrooms, 1 bath, living room, formal dining room, and kitchen; Built in 1929
More about this property
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