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For salePrice cut: $5K (9/4)
$74,900
2beds
960sqft

54 Walnut St, River Rouge, MI 48218

2beds
960sqft
Single family residence
Built in 1929
5,227 sqft
No garage
$78 price/sqft

What's special

Welcome to 54 Walnut Street in River Rouge! This well-maintained 2-bedroom, 1-bath home offers approximately 960 square feet of comfortable living space on a generously sized lot with plenty of room to enjoy the outdoors. The home features numerous recent upgrades that provide peace of mind for the next owner, including a brand-new HVAC system installed in 2025, new insulation installed in 2025 backed by a 25-year warranty, and a new smart oven added in 2025. The water heater, washer, and dryer are all approximately four years old, while the refrigerator was replaced in 2017. Additional improvements include updated plumbing fixtures throughout the home. The property has also successfully passed both the City of River Rouge HVAC inspection and electrical inspection in 2026, offering added confidence in the home's condition. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this move-in-ready home combines important mechanical updates with a functional layout and a spacious yard that's perfect for entertaining, gardening, or future possibilities.

38 days
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154
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16
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Source: Realcomp II,MLS#: 20261061750MLS Logo
Travel times

Living Room

Kitchen

Bedroom

Zillow last checked:

Listing updated:

Listed by:

Ronald E Fox 734-626-0478,

Downriver Homes LLC 734-626-0478,

Malory Burkhalter 734-626-0478,

Downriver Homes LLC

Source: Realcomp II,MLS#: 20261061750MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
Bedroom
  • Level: Entry
  • Area: 88
  • Dimensions: 11 X 8
Bedroom
  • Level: Entry
  • Area: 110
  • Dimensions: 11 X 10
Other
  • Level: Entry
Kitchen
  • Level: Entry
  • Area: 190
  • Dimensions: 10 X 19
Laundry
  • Level: Entry
  • Area: 70
  • Dimensions: 7 X 10
Living room
  • Level: Entry
  • Area: 234
  • Dimensions: 18 X 13
Mud room
  • Level: Entry
  • Area: 110
  • Dimensions: 10 X 11
Heating
  • Forced Air, Natural Gas
Cooling
  • Central Air
Appliances
  • Included: Dryer, Free Standing Gas Range, Free Standing Refrigerator, Range Hood, Washer
Features
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total interior livable area: 960 sqft
  • Finished area above ground: 960
Video & virtual tour

Property

Parking
  • Parking features: No Garage
Features
  • Levels: One
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None
Lot
  • Size: 5,227 Square Feet
  • Dimensions: 45 x 115.6
Details
  • Parcel number: 50005040009000
  • Special conditions: Short Sale No,Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subtype: Single Family Residence
Materials
  • Aluminum Siding
  • Foundation: Slab
Condition
  • New construction: No
  • Year built: 1929

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: JOHN NEIMANS RESUB
HOA
  • Has HOA: No
Location
  • Region: River Rouge

Financial & listing details

  • Price per square foot: $78/sqft
  • Tax assessed value: $26,600
  • Annual tax amount: $2,194
  • Date on market: 8/14/2026
  • Cumulative days on market: 38 days
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Cash,Conventional,FHA,Va Loan,Warranty Deed

Price history

DateEventPrice
9/4/2026Price change$74,900-6.3%$78/sqft
Source: Realcomp II #20261061750 Report a problem
8/14/2026Listed for sale$79,900+16%$83/sqft
Source: Realcomp II #20261061750 Report a problem
12/16/2024Sold$68,900$72/sqft
Source: Public Record Report a problem
11/21/2024Price change$68,900-1.6%$72/sqft
Source: MichRIC #24047177 Report a problem
11/1/2024Price change$70,000-4.1%$73/sqft
Source: MichRIC #24047177 Report a problem
10/15/2024Price change$73,000-1.4%$76/sqft
Source: MichRIC #24047177 Report a problem
10/1/2024Price change$74,000-1.2%$77/sqft
Source: MichRIC #24047177 Report a problem
9/13/2024Price change$74,900-3.9%$78/sqft
Source: MichRIC #24047177 Report a problem
9/7/2024Listed for sale$77,900+178.2%$81/sqft
Source: MichRIC #24047177 Report a problem
7/10/2018Sold$28,000-6.4%$29/sqft
Source: Public Record Report a problem
5/23/2018Listed for sale$29,900+88.1%$31/sqft
Source: Real Estate 3000 Inc #218045249 Report a problem
12/6/2013Sold$15,900$17/sqft
Source: Public Record Report a problem
9/18/2013Listed for sale$15,900+1077.8%$17/sqft
Source: REAL ESTATE 3000 INC #213095309 Report a problem
5/21/2007Sold$1,350-96.1%$1/sqft
Source: Public Record Report a problem
4/5/2005Sold$34,257+14.2%$36/sqft
Source: Public Record Report a problem
5/31/2002Sold$30,000+200%$31/sqft
Source: Public Record Report a problem
9/27/1994Sold$10,000$10/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025-- $22,500 +30.1%
2024-- $17,300 +31.1%
2023-- $13,200 +18.9%
2022-- $11,100 +18.1%
2021-- $9,400
2020$867 +36.4%$9,400 +13.3%
2019$636 $8,300 +12.2%
2018$636 $7,400 -1.3%
2017-- $7,500 -1.3%
2016$2,178 $7,600 -11.6%
2015$2,178 +20.3%$8,600 -54.5%
2013$1,810 -16.9%$18,900 +1.6%
2012$2,178 $18,600 -14.7%
2010-- $21,800 -3.1%
2009-- $22,500 -1.3%
2008-- $22,800 -4.2%
2007-- $23,800 +20.2%
2005$1,135 $19,800 +8.2%
2003-- $18,300 +72.1%
2001$889 +18.3%$10,631 +3.2%
2000$752 $10,302

Find assessor info on the county website

Monthly payment

Est. payment
$500/mo
Principal & interest
$386
Property taxes
$114
More affordability toolsChevron Right

Estimated market value

$73,700

$70,000 - $77,000

$1,207/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 48218

Nearby schools

Ann Visger K-5 Preparatory Academy
Grades PK-50.3 miles
2/10
GreatSchools® Rating
Test Score Rating
1/10
Student Progress Rating
2/10
Cb Sabbath 6-8 Preparatory Academy
Grades 6-80.6 miles
3/10
GreatSchools® Rating
Test Score Rating
1/10
Student Progress Rating
4/10
River Rouge High School
Grades 9-120.5 miles
4/10
GreatSchools® Rating
College Readiness Rating
3/10
Student Progress Rating
5/10