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5149 S Martindale St, Detroit, MI, 48204

4beds
1baths
2,160sqft
$137,000
$63price/sqft
$1,532/moest. monthly cost
$61,280/yrincome needed

About This Home

Turn-Key 2-Unit Investment Opportunity! This well-maintained duplex features two 2-bedroom units, making it an excellent addition to any investment portfolio or an ideal owner-occupant opportunity. Both units are tenant-ready, offering immediate income potential(upper unit occupied until 9/2026) . Viewing lower unit only, do not bother tenant. The property includes separate gas and electric meters for each unit, as well as a coin-operated washer and dryer to provide additional income. A newer roof adds to the property's value and reduces future maintenance concerns. Property is being sold AS BATVAI and occupancy status.

Getting Around

21
WalkingCar-Dependent
49
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

4/10
Northwestern High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Common,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,160

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,160 sqft

Property

Details

  • Parcel number: W16I003732S
  • Zoning description: Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 30 x 110

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $692$8,304
Home Insurance *$438$5,256
Property Taxes $167$2,004
Electricity $235$2,827
Total$1,532$18,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,525/yr
40% on housing$45,960/yr
45% on housing$40,853/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 48204$47
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48204$70
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$137,000
2026-07-20Listed for sale$137,000
2026-05-18Sold$81,570
2025-06-23Listing removed$950
2025-06-02Price change$950
2025-05-22Listed for rent$1,000
2022-10-05Sold$95,000
2022-08-05Pending sale$105,000
2022-06-29Listed for sale$105,000
2022-06-26Pending sale$105,000
2022-06-06Price change$105,000
2022-05-22Listed for sale$110,000
2013-01-03Listing removed$550
2012-12-21Listed for rent$550

For Sale by Agent

AgentRowchelle Yates
BrokerageKeller Williams Premier

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