
10620 Somerset Ave, Detroit, MI, 48224
About This Home
Investors! Don't miss your opportunity for cash flow with this well maintained multifamily colonial located on Detroits west side. Well maintained multifamily property located on Detroit’s desirable west side, offering a strong income-producing opportunity for investors or owner occupants. This property features two separate units with a total of three bedrooms, including one spacious 2-bedroom unit and one comfortable 1-bedroom unit. Both units have been well cared for and maintained, making this a turnkey investment with solid rental potential. The layout provides flexibility for live in ownership while collecting rental income, or for investors seeking a fully leased income property. With Detroit’s continued rental demand, this property offers a great return on investment (ROI) and strong long-term growth potential. Conveniently located near major roads, shopping, schools, and local amenities, this is an excellent opportunity to own a well maintained multifamily property in a high demand rental area. Schedule your showing today and take advantage of this great investment!
Getting Around
Schools
Construction
Condition
- Year built: 1938
Materials
- Foundation: Basement,Block
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 1,681
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 1,681 sqft
Property
Details
- Parcel number: W21I067260S
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
- Exclusions: Exclusion(s) Do Not Exist
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 4,791 sqft
- Lot size dimensions: 35 x 141.6
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
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $252 | $3,024 |
| Home Insurance * | $144 | $1,728 |
| Property Taxes | $61 | $732 |
| Electricity | $188 | $2,259 |
| Total | $645 | $7,740 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $74,900 |
| 2026-03-16 | Listed for sale | $79,900 |
| 2026-01-21 | Listing removed | $80,000 |
| 2026-01-02 | Price change | $80,000 |
| 2025-11-20 | Listed for sale | $85,000 |
| 2025-10-10 | Listing removed | $109,000 |
| 2025-07-20 | Listed for sale | $60,000 |
| 2025-07-15 | Sold | $56,000 |
| 2025-01-23 | Listed for sale | $109,000 |
| 2010-12-16 | Listing removed | $9,900 |
| 2010-09-24 | Listed for sale | $9,900 |
| 2009-11-06 | Sold | $59,000 |
| 2003-11-12 | Sold | $110,000 |
| 2001-10-12 | Sold | $85,000 |
| 1997-08-04 | Sold | $65,000 |
For Sale by Agent
