Back 5530 Grayton St
Off Market

5530 Grayton St

Detroit MI 48224

3
2
1
2130 sq. ft.
0.13 ac.
Single-Family
Last sold for $100,000
Kingsley IfezueKingsley Ifezue, last sold this property on 27 June 2025 after 294 days on market.

Overview

Charming 3-bedroom, 1.5-bath home nestled in the sought-after English Village neighborhood! Spanning 1,420 sq. ft., this property presents a fantastic investment opportunity as a Section 8 rental, currently generating $1,400 per month in guaranteed income. Featuring a spacious layout, this well-maintained home provides tenants with both comfort and convenience. Located in a high-demand rental market, it offers strong potential for steady returns. Professionally managed by a trusted property management company. Don't miss out on this income-producing opportunity!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2130 sq. ft. floor area
0.13 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Detroit over the last 12 months, the estimated median property value of 5530 Grayton St is $86.3k.

Median value
$86.3k
Estimated value range
$7.5k - $290.5k
Median days on market
34
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5530 Grayton St

2025
Sold
$100,000
27 Jun 2025 by Kingsley Ifezue, of iTech Realty
2017
Sold
$60,000
30 Oct 2017 by Lawrence Else, of Downtown Realty
2017
Sold
$60,000
30 Oct 2017 by Lawrence Else, of Downtown Realty

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 401 three-bedroom single-family properties similar to 5530 Grayton St, have been sold.

This represents a 16% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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