6123 Commonwealth Street

1,050 Sq. Ft.
$300 / Sq. Ft.
1,050
Sq. Ft.
$300
per Sq. Ft.

Description

Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below. The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens....Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below. The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens. The kitchens pair quartz counters with a gas ranges, dishwashers, subway tile backsplashes, and open shelving; the full baths are finished in floor-to-ceiling tile. Fenced backyard and separate washer and dryer in shared basement with lots of extra storage space. Location carries the value. The home sits near the Motown Museum, whose $75 million expansion is under construction on West Grand Boulevard, and a short walk from Henry Ford Health's $2.2 billion Destination: Grand hospital campus, a 20-story tower set to open by the end of 2029, part of a broader New Center plan with Michigan State University and the Detroit Pistons that adds a medical research center and mixed-use housing. With Wayne State, CCS, and Henry Ford all close, rental demand should stay healthy for years. Steps to New Center and Milwaukee Junction, adjacent to LaSalle Gardens and Virginia Park, minutes from the North End, and a quick ride to Corktown and downtown.
  1. Listed by Garrett Blair • Brokerage DRE #6505433159 • Douglas Rose Realty
    P: (810)-623-0228 C: (810)-623-0228 garrett@douglasroserealty.com

Property Details for 6123 Commonwealth Street

Subdivision Name
STIMSONS E I & A K
Architectural Style
Historic, Upper Lower Apartment
Waterfront
No
Zoning Description
Multi Family, Residential
Senior Community
No
LISTING UPDATED: 06/30/2026 11:46 PM

Property Details for 6123 Commonwealth Street

StatusPending
MLS #20261041221
Days on Market26
Taxes$2,243 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1915
Lot Size0.09 AC / 3,920 SF
CountyWayne County

Location

Listing Courtesy of Douglas Rose Realty
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Building Information for 6123 Commonwealth Street

Stories-Residences2Year Built1915Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$1,757 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,570

Property Taxes

$187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6123 Commonwealth Street

Summary
Location and General Information
  • Directions: Grand Blvd to Holden to Commonwealth
  • Latitude: 42.361778
  • Longitude: -83.085972
  • Cross Street: Commonwealth & Marquette
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W08I006139S
  • Tax Amount Summer: $1,399.00
  • Tax Amount Winter: $844.00
  • Tax Annual Amount: $2,243.00
  • Tax Assessed Value: $15,465.00
  • Tax Legal Description: W COMMONWEALTH 43 E I & A K STIMSONS SUB L10 P31 PLATS, W C R 8/75 30 X 136
School Information
  • High School District: Detroit
Parking
  • Attached Garage: No
  • Garage: No
  • Parking Features: On Street, Paved
Property
Lot Information
  • Frontage Length: 30.0
  • Lot Size Acres: 0.09
  • Lot Size Dimensions: 30X136
  • Lot Size Units: Acres
  • Road Frontage Feet: 30
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 18000.0
  • Living Area: 1050.0
  • Building Area Total: 1050.0
  • Above Grade Finished Area: 1050.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1056.0
  • Class Name: Residential Income
  • Living Area Source: Estimated
  • New Construction: No
  • Year Built: 1915
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Basement, Brick Mortar
  • Levels: Two
  • Year Remodeled: 2022
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Basement: Common, Daylight, Full, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
Exterior Features
  • Exterior Features: Balcony, Lighting
  • Patio And Porch Features: Deck, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $34,200.00
  • Net Operating Income: $18,810.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 1056.0
  • Type: Three Bedroom
  • Total Units: 2.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,850.00
  • Existing Lease: Yes
  • Pets Allowed: Call

Property History for 6123 Commonwealth Street

DateEvent & SourcePriceAppreciation
Jul 1, 2026

Contract Signed

MiRealSource #60999026

—
Jun 30, 2026

Contract Signed

Realcomp #20261041221

—
Jun 4, 2026

Listed (Active)

MiRealSource #60999026

$315,000—
DateEvent & SourcePrice
07/01/2026

Contract Signed

MiRealSource #60999026

—
06/30/2026

Contract Signed

Realcomp #20261041221

—
06/04/2026

Listed (Active)

MiRealSource #60999026

$315,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6123 Commonwealth Street

Taxable ValueLand-Additions-Total-
Tax Record2023$806 ($67 / month)
Home Facts
Baths2Total Finished SqFt2,154 SqFtAbove Grade Finished SqFt2,154 SqFtStories2Lot Size3,920 SqFtStyleDuplexYear Built1915ZoningR3CountyWAYNEAPN08006139.

Schools near 6123 Commonwealth Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Thirkell Elementary School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Douglas Rose Realty

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