Active

5771 Chatsworth Street

Detroit, Michigan 48224
Mark as Favorite
Bed 6

Bed

Bath 2

Bath

SqFt2,704

Sqft

Acres0.11

Acre(Lot)

5771 Chatsworth is a brick two family flat in Detroit's Morningside neighborhood, configured as a three bedroom one bath unit over a matching three bedroom one bath unit. Both units are currently occupied and stabilized, with original character intact throughout: dark stained hardwood floors, decorative plaster wall panels, tiled fireplaces, and arched window openings that read as period appropriate for the east side's prewar housing stock. The kitchens carry updated cabinetry, tile backsplash, and gas ranges, and each unit has its own water heater in the shared basement. A detached garage sits off the rear drive. The building is fully leased and current. The lower unit rents at $950 per month through April 2027 and the upper at $850 per month through July 2027, both paying cash. Combined gross sits at $1,800 per month, or $21,600 annual, with net operating income around $11,800. At a $150,000 list that puts the buyer in near an 8 cap on day one occupancy. Both units are renting under market for the area, which leaves clear room for an incoming owner to bring rents up at renewal without heavy capital outlay given the updates already in place. This is a turnkey position for a buyer who wants income from acquisition rather than a lease up, with upside to the return as rents reset. Morningside holds some of the most intact brick housing on Detroit's far east side and sits close to the Grosse Pointe border. The Mack Avenue corridor and Grosse Pointe shopping and dining are a short drive east, Chandler Park with its golf course and aquatic center is nearby, and access to I-94 and the broader east side is straightforward. The location supports the kind of stable, long term tenancy this building is already showing. Showings by appointment only. POF or pre-approval required.

Read More Expand

Detail Ic Property Details

Property Type : Multifamily

Price : $150,000

AD Id : 85725408

MLS Id : 20261046859

Beds : 6

Lot Size : 0.11 Acre

Living Area Size : 2,704

Year Built : 1928

Garage : Garage,On Street

County : Wayne

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Room Information

    Porches: Balcony,Porch

    Interior Features

    Basement Description: Daylight,Unfinished,Common
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1928 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Duplex
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.11 Lot Dimensions: 38X126.68
  • Property Information

    SQ ft: 2704 Subdivision: Arthur J Scullys Rifle Range Sub 1 Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    Original List Price: $150,000
  • Listing Information

    Possession: At Close Legal Description: W CHATSWORTH 545 ARTHUR J SCULLYS RIFLE RANGE SUB NO 1 L49 P57 PLATS, WCR 21/740 38 X 126.68A

  • Tax Information

    Annual Tax: $11,541 Parcel Number: W21I068995S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W CHATSWORTH 545 ARTHUR J SCULLYS RIFLE RANGE SUB NO 1 L49 P57 PLATS, WCR 21/740 38 X 126.68A

  • Unit 3 Information

    # of Bedrooms: 2

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
Sell a home like this and save $8,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15239 Mack Avenue , Detroit, MI, 48224 $599,999 8 4 7,128 7,128 SqFt
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 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., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/23/2026 @ 14:55

MLS: 20261046859 LISTED BY: Garrett Blair , Douglas Rose Realty 810-623-0228 SOURCE: Realcomp II Ltd

Homes around $150,000

Selling? Save $8,501 when you sell a home like this

Tour with a ByOwner Agent