Detroit Multifamily Investment
5305 Newport Street, Detroit, MI 48213
MULTI_FAMILY - Bungalow - Detroit, MI
Property size:
1,716 SFLot size:
0.11 AcresPrice / SF:
$87/SF- Added:
- Mar 17, 2026
- Days on Market:
- 70
- Last Refresh:
- May 25 at 4:06 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 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Basement
- 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 (734) 740-8404
Listing office KW Professionals 789 W Ann Arbor Trail, Plymouth, MI (734) 459-4700
Listing date Mar 17, 2026
MLS# 20261015683
Listing URL
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HighLights
- Turnkey multifamily property in Detroit's rapidly evolving Chandler Park neighborhood.
- Minutes from Chandler Park, featuring a golf course, aquatic center, skate park, and walking trails.
- Area benefits from over $20M invested in park and community improvements.
- Newly opened, state‑of‑the‑art domed sports complex nearby offers year‑round recreation.
- Part of a portfolio of 11 properties in the Downtown Area, offering flexible investment options.
- Brick bungalow built in 1929 with fenced exterior.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.963211
- Latitude
- 42.39769
Nearby Similar for Sale
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: Turnkey multifamily property in Detroit's rapidly evolving Chandler Park neighborhood.; Minutes from Chandler Park, featuring a golf course, aquatic center, skate park, and walking trails.; Area benefits from over $20M invested in park and community improvements.
