Back 6123 Commonwealth Street
Off Market

6123 Commonwealth Street

Detroit MI 48208

2
1050 sq. ft.
0.09 ac.
Multi-Family
Last sold for $310,000
Garrett BlairGarrett Blair, last sold this property on 05 August 2026 after 62 days on market.

Overview

Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below. The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens. The kitchens pair quartz counters with a gas ranges, dishwashers, subway tile backsplashes, and open shelving; the full baths are finished in floor-to-ceiling tile. Fenced backyard and separate washer and dryer in shared basement with lots of extra storage space. Location carries the value. The home sits near the Motown Museum, whose $75 million expansion is under construction on West Grand Boulevard, and a short walk from Henry Ford Health's $2.2 billion Destination: Grand hospital campus, a 20-story tower set to open by the end of 2029, part of a broader New Center plan with Michigan State University and the Detroit Pistons that adds a medical research center and mixed-use housing. With Wayne State, CCS, and Henry Ford all close, rental demand should stay healthy for years. Steps to New Center and Milwaukee Junction, adjacent to LaSalle Gardens and Virginia Park, minutes from the North End, and a quick ride to Corktown and downtown.

Features

2 bathrooms
1050 sq. ft. floor area
0.09 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 6123 Commonwealth Street is $317k.

Median value
$317k
Estimated value range
$60k - $745k
Median days on market
33
Estimated value trend
97%
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 6123 Commonwealth Street

2026
Sold
$310,000
05 Aug 2026 by Garrett Blair, of Douglas Rose Realty
2026
Rented
Undisclosed
31 May 2026 by Douglas Rose Realty

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, 8 multi families similar to 6123 Commonwealth Street, have been sold.

This represents a 50% decrease in multi families sales when compared to the previous 12 months.

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