5856 Barrett Street Detroit MI 48213 MLS #20251058251

5856 Barrett Street
Detroit, MI, 48213
$175,000
Beds
2 Baths
2,140 SqFt
0.09 Acres
Add
MLS #20251058251 image #0
JUST APPRAISED AT $215K!
LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND CITY CERTIFIED 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY, THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,475 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER’S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET’S CLOSE!

Property Details

Price:
$175,000
MLS #:
20251058251
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
Multi Family
Subdivision:
BLANKES PARK SIDE SUB
Neighborhood:
05041det68grflddequindre
Listed Date:
Dec 4, 2025
Finished Sq Ft:
2,140
Year Built:
1927
Short SaleBungalow05041 – Det 6-8 Grfld-dequindre05041det68grflddequindreBlankes Park Side SubDetroitCall

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Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Bungalow
Construction Materials
Brick

Financial

Net Operating Income
$32,400
Taxes
$498

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Feb 04, 2026
3,036
Single Family Listed
124
Avg DOM
81
Avg $ / SqFt
$147,312
Avg List Price

Property Summary

    Located in the BLANKES PARK SIDE SUB subdivision, 5856 Barrett Street Detroit MI is a Single Family for sale in Detroit, MI, 48213. It is listed for $175,000 and features 0 beds, 2 baths, and has approximately 2,140 square feet of living space, and was originally constructed in 1927. The current price per square foot is $82. The average price per square foot for Single Family listings in Detroit is $81. The average listing price for Single Family in Detroit is $147,312. To schedule a showing of MLS#20251058251 at 5856 Barrett Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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