Price Reduction
Address
5045 Trumbull, Detroit, MI
Price
$ 900,000
Property Attributes
  • MLS#24000060
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit City
  • NeighborhoodDetroit City
  • Zip48208
  • Style2 to 4 Units
  • Year Built1910
  • Taxes$ 4800
  • Price$ 900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.37 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Located in the heart of Detroit, this 9,000 square foot building was formerly a funeral home and is a great opportunity for investors. The building could remain a commercial operation, be utilized as professional office space or be rezoned for multi-family use. It has a private onsite parking lot and is easily accessible. The building has been maintained throughout its life and is in good condition. Across the street from Wayne State Field House and Athletic Club. Don't miss this prime location, close to downtown Detroit with all the amenities the city has to offer! Professional sports, world class casinos and decades or entertainment history just blocks away!

Price History
1/1/2024 Listed $1,095,000
4/1/2024 18% - $900,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Utilities Natural Gas Available,Natural Gas Connected,Electric Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Brick
Year Built 1910
Tenant Pays None
Property SubType 2 to 4 Units
Tax Year 2023
OwnerPays None
County Wayne
New Construction No
Property Type Multi-Family
Status Active
Directions Follow I-96 E,I-96 Express/Jeffries Fwy and I-96 E to W Edsel Ford Service Dr in Detroit. Take exit 214B from I-94 E. Take exit 214B for Trumbull Ave.
City Detroit
High School District Detroit
MLS Area Wayne County - 100
Lot Size Square Feet 16117.0
Waterfront Y/N No
Street Name Trumbull
Land Lease Y/N No
Tax Annual Amount 4800.0
Lease Renewal Y/N No
MLS Area Minor Wayne County - 100
Additional Parcels Y/N No
Rent Control Y/N No
Days on Market 98
Standard Status Active
Tax Assessed Value 52809
MobileHomeRemainsYN No
Legal Description W TRUMBULL 6&5 N 35 FT 4 BLK 21 AVERY & MURPHYS SUB L9 P42 PLATS,W C R 8/52 123.63 X 130
Senior Community None

Interior Features

Basement Full
Total Fireplaces 1
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Electric On Property Y/N No

Exterior Features

Total Parking 2.0
Lot Size Area 0.37
Number of Buildings 1
Spa No
Lot Dimensions 124x130
Lot Size Acres 0.37
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 48208

Price
AVG $900K
$900K
Taxes
AVG $4,800
$4,800
Visits
AVG 128
127
Data Provided by Inside Real Estate®
Year Built
AVG 1915
1910

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