5497 E  Outer Dr, Detroit, MI 48234
OFF MARKET

5497 E Outer Dr
Detroit, MI 48234

Mount Olivet
  • 3 Beds
  • 2 Baths
  • 1,122 sqft

$79,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $600/mo*

$79,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $600/mo*
3 Beds
2 Baths
1,122 sqft

Home Value

Trulia Estimate
$79.4K
Since last month
Decreased$2K (-2.8%)
Since last year
Decreased$17K (-18%)
Since last sale
Increased$22K (+38.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +689% in the last 10 years
MonthEstimated value
2026
August 2026$79K
July 2026$82K
June 2026$81K
May 2026$83K
April 2026$84K
March 2026$86K
February 2026$86K
January 2026$87K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$55,200
12/02/25
3
1
1,051
0.10
Single-Family Home
$77,500
06/17/26
3
1
1,010
0.14
Single-Family Home
$82,000
01/30/26
3
1.5
2,273
0.33
Single-Family Home
$54,000
11/05/25
3
1.5
942
0.26
Single-Family Home
$50,000
09/08/25
3
1.5
1,468
0.30
Single-Family Home
$62,000
04/28/26
3
2
1,422
0.14
Single-Family Home
$96,428
12/19/25
3
1
1,150
0.20
Single-Family Home
$142,000
02/25/26
3
2
1,336
0.39
Single-Family Home
$65,000
11/06/25
3
1.5
942
0.41
Single-Family Home
$40,000
06/29/26
3
1.5
1,237

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$56,000
3
1
1,051
Foreclosure
0.05
$69,900
3
1
1,024
For Sale
0.09
$58,700
3
1
1,269
Off Market
0.10
$77,500
3
1
1,010
Recently Sold
0.11
$79,700
3
1
1,007
Off Market
0.11
$77,500
3
1
1,120
Off Market
0.11
$94,600
3
1
1,160
Off Market
0.12
$73,200
3
1
1,144
Off Market
0.12
$65,100
3
1
1,129
Off Market
0.12
$109,900
3
2
1,006
Foreclosure
0.14
$58,600
2
1
940
Off Market
0.14
$82,000
3
1.5
2,273
Recently Sold

Local Information

  • Map ViewExplore the area around 5497 E Outer Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1946
Living Area
1,122 sqft
Price/Sqft
$71
Parking
Garage

About this House

Newly updated 3 bedroom home, ready for loving family. Qualifications are as follows.
Must make 2-1/2 to 3 times the amount asking price (rent)
Must be able to hold all utilities lights, gas (DTE) including water in your name
There is a $50 dollar application fee and $30 dollar background check that is paid and done on line, no monies are exchanged with management showing the property.
If you are interested and meet the criteria for the property please email, or leave a message. We will let you know date and time of showings.
Upon viewing the property if you find interest a link will be sent to your email that you provide. At that time the fees will be paid (application fee) (background credit check)
Unfortunately at this time this home isn't accepting Section 8 clients
5497 E Outer Dr, Detroit, MI 48234 is a 3 bedroom, 2 bathroom, 1,122 sqft single-family home in Mount Olivet, built in 1946. It last sold for $57,500 on Jul 27, 2022. More recently, it was listed as a rental in June 2021 with an asking price of $1,000 per month. That rental listing was removed on June 22, 2021. It is currently off market. The Trulia Estimate is $79,400, with a rent estimate of $1,328/month.

Home Details for 5497 E Outer Dr

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.25
Appliances & Utilities
DryerRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick
Parking & Garage
GarageParking: None, Garage

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Jul 27, 2022
Source: N/A
Sold
$57,500
Jun 22, 2021
Source: Zillow Rental Manager
ListingRemoved
Jun 15, 2021
Source: Zillow Rental Manager
Listed For Rent
$1,000
Apr 13, 2021
Source: N/A
Sold
$35,900
Mar 4, 2021
Source: Realcomp II #2210013228
Pending
$35,900

Market trends in Detroit

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$93.42K
$9.33K
MoM
Sale-to-List Price
97.8%
0.8%
MoM
Price per sq ft
$74
$5
MoM
Available listings
3507
45
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Mount Olivet

At least 35 Trulia users voted on each feature.
  • 87 % Say there are sidewalks

  • 85 % Say yards are well-kept

  • 84 % Say car is needed

  • 77 % Say parking is easy

  • 77 % Say kids play outside

  • 66 % Say it's walkable to grocery stores

  • 63 % Say there's holiday spirit

  • 60 % Say it's dog friendly

  • 59 % Say it's quiet

  • 49 % Say streets are well-lit

  • 47 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to restaurants

  • 44 % Say neighbors are friendly

  • 38 % Say there's wildlife

  • 33 % Say there are community events

  • 26 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Majority of people are homeowners so the yards and homes are well-maintained. Most neighbors keep to themselves. "

LGBTQ Local Legal Protections

Frequently asked questions about 5497 E Outer Dr

  • What is 5497 E Outer Dr estimated to be worth?
    Trulia's estimated value for 5497 E Outer Dr in Detroit, MI is $79,400.
  • What is the price history for 5497 E Outer Dr?
    5497 E Outer Dr in Detroit, MI last sold for $57,500 in July 2022.
  • Is Detroit a buyer's or seller's market?
    Detroit is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Detroit?
    The median sale price in Detroit is $93.42K. That is up $9.33K from the prior month.
  • How big is the lot at 5497 E Outer Dr?
    The lot at 5497 E Outer Dr in Detroit, MI is about 0.14 acres (6,098 sq ft).
  • Does 5497 E Outer Dr have a garage?
    Yes, 5497 E Outer Dr in Detroit, MI has a garage.

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