Welcome to 5025 Somerset, a fully renovated, vacant duplex nestled in one of Detroit’s resurging neighborhoods. It’s perfect for first-time buyers looking to house hack or investors seeking strong cash flow from day one.
This property has been completely upgraded in 2024-2025, offering peace of mind with all major systems modernized:
New roof
New PVC plumbing and updated electrical
New furnace and hot water tank (to be installed prior to appraisal)
Brand-new appliances in both units (refrigerator, stove/oven, microwave)
Each unit is move-in ready:
Upper Unit – 1 bedroom, projected rent: $750/mo
Lower Unit – 2 bedrooms, projected rent: $1,250/mo
Estimated Total monthly income: $2,000
With low estimated expenses—currently estimated property taxes are around $3,500 annually and a projected mortgage of around $1,600/mo—this property delivers an estimated CAP rate of 9.6% (based on projected net income), making it a prime buy-and-hold or house-hack opportunity.
Additional highlights:
Privacy fence for added security and outdoor enjoyment
Located minutes from Downtown Detroit, major freeways, and local shopping, Vacant and ready for immediate occupancy or lease-up
Whether you’re an investor looking to expand your portfolio or a first-time homebuyer ready to build equity, Somerset checks all the boxes. Schedule your tour today and lock in your next income-producing asset.
This property has been completely upgraded in 2024-2025, offering peace of mind with all major systems modernized:
New roof
New PVC plumbing and updated electrical
New furnace and hot water tank (to be installed prior to appraisal)
Brand-new appliances in both units (refrigerator, stove/oven, microwave)
Each unit is move-in ready:
Upper Unit – 1 bedroom, projected rent: $750/mo
Lower Unit – 2 bedrooms, projected rent: $1,250/mo
Estimated Total monthly income: $2,000
With low estimated expenses—currently estimated property taxes are around $3,500 annually and a projected mortgage of around $1,600/mo—this property delivers an estimated CAP rate of 9.6% (based on projected net income), making it a prime buy-and-hold or house-hack opportunity.
Additional highlights:
Privacy fence for added security and outdoor enjoyment
Located minutes from Downtown Detroit, major freeways, and local shopping, Vacant and ready for immediate occupancy or lease-up
Whether you’re an investor looking to expand your portfolio or a first-time homebuyer ready to build equity, Somerset checks all the boxes. Schedule your tour today and lock in your next income-producing asset.
Property Details
Price:
$174,900
MLS #:
20251003378
Status:
Active
Beds:
0
Baths:
2
Address:
5025 Somerset Avenue
Type:
Single Family
Subtype:
Multi Family
Subdivision:
EAST DETROIT DEV COS 3
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
May 30, 2025
State:
MI
Finished Sq Ft:
1,772
ZIP:
48224
Year Built:
1929
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Duplex
Construction Materials
Brick, Vinyl Siding
Roof
Asphalt
Financial
Taxes
$3,567
Map
Community
- Address5025 Somerset Avenue Detroit MI
- SubdivisionEAST DETROIT DEV COS 3
- CityDetroit
- CountyWayne
- Zip Code48224
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5025 Somerset Avenue
Detroit, MI
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