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Detroit Multifamily Investment Opportunity

5305 Newport Street Detroit, MI 48213

Claim this Listing
For Sale
$150,000

MULTI_FAMILY - Bungalow - Detroit, MI

Property size:
1,716 SF
Lot size:
0.11 Acres
Price / SF:
$87/SF
Added:
Mar 17, 2026
Days on Market:
116
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 5305 Newport Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Basement, Bathroom 2, Bedroom 2, Bathroom 1
Parking
2
Pets allowed
Yes
Exterior features
Fenced
Fencing
Fenced
Standard status
Active
APN
W21I054024S
Size
1,716 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Description
W NEWPORT 52 AND E 9 FT OF VAC ALLLEY ADJ WERNERS PARK SUB L43 P1 PLATS, W C R 21/621 40 X 116
Tax Annual Amount
1946

Utilities

Heating system
Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public

Building Details

Year built
1929
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Bungalow

Listing agent Michael Gerisch

Listing office KW Professionals 789 W Ann Arbor Trail, Plymouth, MI

Listing date Mar 17, 2026

MLS# 20261015683 Listing URL

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily property presents a turnkey investment opportunity in Detroit's Chandler Park neighborhood. The location is near Chandler Park, one of Detroit's largest green spaces, which includes a public golf course, aquatic center, skate park, walking trails, and expansive green space. A newly opened domed sports complex provides year-round recreation, fitness programming, and community events. Over $20 million has been invested into park and community improvements, with additional projects planned. The property is one of 11 being sold within the Downtown Area. The property size is 1,716 square feet and the lot size is 0.11 acres.

Key Highlights

  • Brick bungalow built in 1929
  • Fenced property with public water source
  • Forced‑air heating plus window units and ceiling fans for cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Gym & Fitness Center Skin Care Clinic Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Multifamily property near Chandler Park, a rapidly evolving Detroit neighborhood.
Where is this duplex located?
The property is located at 5305 Newport Street Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Brick bungalow built in 1929; Fenced property with public water source; Forced‑air heating plus window units and ceiling fans for cooling
Contact an agent
More about this property
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