5299 Drexel Street
Detroit, MI 48213
- – beds
- 3 baths
- 1,914 sqft
- 3,920 sqft lot
- $73 per sqft
- 1929 build
- – on site
Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor enjoyment. Reliable, good-paying tenants already in place make this a turnkey addition to any investor’s portfolio. Don’t miss this rare find!"
Last checked:
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Last updated Apr 10, 2025
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MLS# 20250022664 —
The Building
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Year Built:1929
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Year Remodeled:2024
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Duplex
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Levels:Two
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Basement:Full, Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:1914.0
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Below Grade Total Area:935
Interior
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Fireplace:false
Room Dimensions
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Living Area:1914.0
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Living Area Source:Estimated
Location
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Directions:Dickerson and E warren Ave
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Cross Street:Dickerson and E Warren Ave
The Property
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Parcel Number:W21I050785S
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.09
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Lot Size Area:0.09
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Lot Size Dimensions:40.00 x 100.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (888) 501-7085
- Office phone:
- (888) 501-7085
Taxes
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Tax Legal Description:Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. W DREXEL 289 PARKSIDE MANOR SUB L45 P53 PLATS, W C R 21/675 40 X 100
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Tax Assessed Value:13500
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Tax Annual Amount:1079.0
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
Heating & Cooling
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Heating:HotWater, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:PARKSIDE MANOR
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Garage:true
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Garage Spaces:1.0
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Attached Garage:false
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Parking Total:1.0
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Parking Features:OneCarGarage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/4/25
Apr 4, 2025
|
Listed / Active | REALCOMP | $140,000 | |
|
4/3/25
Apr 3, 2025
|
Delisted / Withdrawn | REALCOMP | $140,000 |
