**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
For sale
Price cut: $5K (8/21)
$49,900
5298 Neff Ave, Detroit, MI 48224
2beds
720sqft
Est.:
Single Family Residence
Built in 1950
6,534 Square Feet Lot
$-- Zestimate®
$69/sqft
$-- HOA
What's special
Hardwood flooringUpdated kitchen
- 254 days
- on Zillow |
- 204 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: August 21, 2025 at 07:12am
Listed by:
Ryan E Kain 313-277-7777,
RE/MAX Leading Edge 734-404-8800,
Samuel Kain 734-751-4468,
RE/MAX Leading Edge
Source: Realcomp II,MLS#: 20240089080

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Dimensions: 11 x 10
Bedroom
- Level: Entry
- Dimensions: 10 x 11
Other
- Level: Entry
- Dimensions: 8 x 5
Kitchen
- Level: Entry
- Dimensions: 8 x 12
Living room
- Level: Entry
- 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: 254 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
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