Nearby rentals
Renter hub
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Features
| 2 Floors | Carpet |
| Forced Air | Hardwood Floor |
Community
| Basement |
Other
| Architecture Style: Colonial | Ten Rooms |
One-time.
One-time. Refundable.
Property Status: Active (SECTION 8 WELCOME) Welcome to 5421 Toledo Street, a beautifully maintained 4-bedroom, 2-bathroom Detroit treasure located in the heart of Southwest Detroit (48209). This home masterfully blends timeless historic charm with fresh modern updates, creating a warm, inviting space ready for you to move in and thrive. Southwest Detroit is one of the city's most exciting and rapidly growing neighborhoods - a true boom area filled with new energy, investment, revitalization projects, and endless opportunity. You're just minutes from the bright lights and endless attractions of Downtown Detroit and the colorful, bustling heartbeat of Mexicantown. Imagine stepping out your door to a world of flavor, culture, and convenience: world-famous Mexican restaurants, authentic taquerias, and bakeries serving fresh tortillas and churros, vibrant festivals, murals, markets, and community events that celebrate the rich Latino heritage. Enjoy easy access to the Detroit Riverfront, parks, sports venues, entertainment districts, and major freeways for a short commute to downtown jobs, stadiums, casinos, museums, and everything the city has to offer. This location delivers the ultimate Detroit lifestyle - urban excitement with a strong sense of community and real growth potential for both homeowners and investors. Properties here are appreciating fast as the neighborhood continues its remarkable transformation! Inside 5421 Toledo Street, you'll fall in love with the authentic Detroit character that shines through every room. The home features abundant original solid woodwork, classic trim, and architectural details from its era - warm, rich wood that tells a story and gives the property that rare, genuine old-Detroit soul you simply can't replicate today. Recent high-quality updates make this house move-in ready and truly shine. The main bathroom has been fully renovated with a brand-new toilet, beautiful new tiling, a refreshed tub with modern faucets, and a stylish new vanity - perfect for starting your day refreshed. You'll also enjoy gorgeous new hardwood floors throughout the main living areas that gleam with warmth and durability, plus brand new plush carpeting in the bedrooms for cozy comfort. A second full bathroom conveniently located in the basement adds extra flexibility for guests, family, or everyday living. The spacious 4-bedroom layout offers versatility for growing families, roommates, or remote workers needing extra space. Plenty of natural light, solid construction, and functional flow make this house feel like home the moment you walk in. Section 8 tenants are warmly welcomed and a flexible month-to-month lease is available - move in when you're ready and adjust as life changes. Whether you're looking for a comfortable family home or a smart investment property in an up-and-coming area, 5421 Toledo Street checks every box: prime location in a booming neighborhood, tasteful modern updates, preserved historic charm, and flexible rental terms. Office Phone: (586) 863-3300 Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 5421 Toledo St compares to other nearby properties.
Positives
Considerations
| Neighborhood | Vernor |
|---|---|
| Zip code | 48209 |
| Type | House for rent |
| Month | Median Rent |
|---|---|
| July 2024 | $991 |
| August 2024 | $982 |
| September 2024 | $960 |
| October 2024 | $993 |
| November 2024 | $1,007 |
| December 2024 | $1,014 |
| January 2025 | $1,080 |
| February 2025 | $1,102 |
| March 2025 | $1,010 |
| April 2025 | $997 |
| May 2025 | $999 |
| June 2025 | $1,044 |
| July 2025 | $995 |
| August 2025 | $971 |
| September 2025 | $917 |
| October 2025 | $899 |
| November 2025 | $926 |
| December 2025 | $953 |
| January 2026 | $960 |
| February 2026 | $945 |
| March 2026 | $963 |
| April 2026 | $976 |
| May 2026 | $947 |
| June 2026 | $938 |
| Month | Median Rent |
|---|---|
| July 2024 | $865 |
| August 2024 | $895 |
| September 2024 | $895 |
| November 2025 | $995 |
| March 2026 | $1,197 |
| April 2026 | $1,098 |
Can I afford to live at 5421 Toledo St?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$60,000/yr
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