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For sale
    • $49,900

    5298 Neff Ave, Detroit, MI 48224

    2beds
    720sqft
    : 
    Single Family Residence
    Built in 1950
    6,534 Square Feet Lot
    $-- Zestimate®
    $69/sqft
    $-- HOA

    What's special

    Hardwood flooringUpdated kitchen
    **OPPORTUNITY** This 2 bedroom, 1 bathroom Cornerstone Village home could be perfect for a first-time homebuyer who isn't afraid of generating a little sweat equity or it could also be perfect for an investor looking to start or expand their portfolio! With Section 8 rents for similar properties as high as $1,100/month, the ROI on this property would be sky-high! The property features hardwood flooring throughout almost all of the property, an updated kitchen, an bathroom that would need very minimal work to make it nice, forced air heating, wrought-iron windows w/ storm windows, a 3D architectural shingle roof, a 3 seasons room, an oversized 1.5 car garage, and so much more! Best of all, the property is located in the East Warren/Cadieux Strategic Neighborhood Fund area, which has enabled the renovation of the Warren streetscape and has brought in tens of millions of dollars of both public and private investment, with more to come! NO SELLER FINANCING - VA OR FHA MAY BE CONSIDERED @ NO COST TO SELLER
    340 days
    |
    116
    |
    12
    |

    Zillow last checked: 8 hours ago

    Listing updated: September 15, 2025 at 05:17am

    Listed by:

    Ryan E Kain 313-277-7777,

    RE/MAX Leading Edge 734-404-8800

    Source: Realcomp II,MLS#: 20240089080MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Entry
    • Area: 110
    • Dimensions: 10 x 11
    Bedroom
    • Level: Entry
    • Area: 110
    • Dimensions: 11 x 10
    Other
    • Level: Entry
    • Area: 40
    • Dimensions: 8 x 5
    Kitchen
    • Level: Entry
    • Area: 96
    • Dimensions: 8 x 12
    Living room
    • Level: Entry
    • Area: 182
    • Dimensions: 14 x 13
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 720 sqft
    • Finished area above ground: 720

    Property

    Parking
    • Total spaces: 1.5
    • Parking features: Oneand Half Car Garage, Detached
    • Garage spaces: 1.5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevelwSteps
    • Patio & porch: Covered, Porch
    • Pool features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 38.00 x 173.00
    Details
    • Parcel number: W21I076201S003
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer, Sewer At Street
    • Water: Public, Waterat Street
    • Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: ASSESSORS DETROIT PLAT NO 1
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $69/sqft
    • Tax assessed value: $15,176
    • Annual tax amount: $1,311
    • Date on market: 12/17/2024
    • Cumulative days on market: 363 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Warranty Deed
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,121/mo

    Price history

    Price history
    DateEventPrice
    8/21/2025Price change$49,900-9.1%$69/sqft
    Source: Realcomp II #20240089080 Report a problem
    6/26/2025Price change$54,900-4.5%$76/sqft
    Source: Realcomp II #20240089080 Report a problem
    2/6/2025Price change$57,500-4%$80/sqft
    Source: Realcomp II #20240089080 Report a problem
    12/17/2024Listed for sale$59,900+327.9%$83/sqft
    Source: Realcomp II #20240089080 Report a problem
    6/28/2018Listing removed$14,000$19/sqft
    Source: 3 Tier Real Estate, LLC #218058783 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $23,200 +19%
    2023-- $19,500 +26.6%
    2022-- $15,400 +11.6%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $276/mo
    Principal & interest
    $194
    Property taxes
    $65
    Home insurance
    $17

      Climate risks

      Neighborhood: Cornerstone Village

      Nearby schools

      GreatSchools rating

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