5569 Drexel Street

Off Market

5569 Drexel Street

Detroit MI 48213

1981 sq. ft.

0.08 ac.

Multi-Family

Last sold for $171,000

Lauryn Johnson, last sold this property on 15 April 2026 after 67 days on market.

Overview

REDUCED! LOCATED 4 MINUTES FROM THE HISTORIC INDIAN VILLAGE, YOU WILL FIND 5569 DREXEL NESTLED ON A 3,833 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW 40 YEAR ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. EVERY WINDOW IN THIS COMPOUND IS BRAND NEW AND SHE HAS BEEN UPGRADED WITH NEW FURNACES, NEW ELECTRICAL, NEW PLUMBING AND HOT WATER TANKS TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2178 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.

Features

2 bathrooms

1981 sq. ft. floor area

0.08 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 5569 Drexel Street is $71k.

Median value

$71k

Estimated value range

$22.5k - $360k

Median days on market

Estimated value trend

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 5569 Drexel Street

2026

Sold

$171,000

15 Apr 2026 by Lauryn Johnson, of KW Domain

Happy sellers in Detroit

We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 24 multi families similar to 5569 Drexel Street, have been sold.

This represents a 8% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Detroit for a market analysis.

Arianna Lee

at National Realty Centers

(116 reviews)

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Brandon Makila

at Keller Williams Professionals

(45 reviews)

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Willie Graham

at Expert Realty Solutions

(5 reviews)

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Lashanta Singleton

at eXp Realty

(8 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

Arianna Lee

Sellers who recommend Arianna Lee have praised them for being local expert, clear communication, responsive, patient, supportive, pleasant, and dedicated