4 months on rocket

5056 Coplin St, Detroit, MI, 48213

$125,000

Home List Price

$1,484*

Closing Credit

4 Full Baths
2,796 SqFt
$45/SqFt
Multi
Schools Nearby

Location

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5056 Coplin St, Detroit$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1929
HeatingNatural Gas, Hot Water
BasementYes
MLS #20230103119
Lot Size0.10 Acres
StatusActive

About 5056 Coplin St

Calling all investors! Don't miss this opportunity to invest in this 4-unit multifamily located only a few blocks away from Detroit's 4th largest park & golf course, Chandler Park! Can be sold individually or in a package sale with 5066 Coplin (4 unit multi-family, MLS #20230103139). Each unit contains 1 bed, 1 bath, private kitchen, dining room, and living room. Needs rehab. Conveniently located near I-94, retail shops, and Grosse Pointe.

Property Details

Property Features

Property Information:

  • Architectural Style: Quadruplex
  • Year Built: 1929
  • Stories: 2
  • Living Area: 2,796 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Jay Naim

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Travel East on E Warren Ave, make a left on Coplin

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $45/SqFt

Tax Information:

  • Annual Amount: $2,109
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

5056 Coplin St vs Detroit

142 DAYS ON ROCKET

+93 Days

$125,000

+$44.8K More

$45/SqFt

-$25 Less

KEY TAKEAWAY

This property is $44.8K more than the Median Sold Price and $25/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20230103119

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Jay Naim

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 5:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2020Home Sold
$107,000
Feb 12, 2020Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,109$12,800
2020$1,343$13,700
2018$1,343$11,600
2017$1,358$11,600

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4299858
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.58 miles

  • Public Charter Grades KG-5

school-card-donut-4299859
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-4299860
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 2.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,300. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5056 Coplin St

This home is located at 5056 Coplin St in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 2,796 square foot home, which was built in 1929, sits on a 0.10 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $125,000.

While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

From Rocket Homes Real Estate and based on county public records data.

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