Remodeled Quadplex with New
5319 Ivanhoe Street Detroit, MI 48204
5319 Ivanhoe Street, Detroit, MI, 48204
$339,900
For Sale
$339,900
MULTI_FAMILY - Other - Detroit, MI
Property Size4,000 SF
Lot Size0.16 Acres
Price / SF$84.98
Days on Market18
Property Features for 5319 Ivanhoe Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 8, Basement, Bedroom 3, Bedroom 7, Bathroom 1
- Standard status
- Active
- APN
- W16I002942S
- Size
- 4,000 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S IVANHOE 231&230 BLK 10 JOSEPH TIREMANS SUB L28 P22 PLATS, W C R 16/178 56.90 X 120
- Tax Annual Amount
- 3825
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1924
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Block
- Architectural style
- Other
Listing agency
KW Domain
(248) 590-0800
Listed by
Lauryn Johnson
(248) 590-0800
Added: Jul 5 Updated: Jul 20 at 2:35PM Checked: Jul 22 at 10:06PM
MLS# 20261053311
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Investment Insights
Based on property information with market context.
This quadplex includes four recently remodeled two-bedroom homes. Improvements reported include a brand new tear-off 40-year crown roof, new gutters, and new trim, along with upgraded windows and fresh interior finishes such as rolled paint and new carpet with underlayment. The property also features reported new furnaces and newly installed hot water tanks, with brand new plumbing and brand new electrical listed for each unit.
The property is located 6 minutes from the Historic Boston Edison District and sits on a spacious 6,795 square foot lot.
The quadplex is currently leased with 4 Section 8 tenants, and the monthly dividends are stated as $4,605 and paid in full by the federal government, with tenants paying all utilities. The seller reports taxes have been reduced to roughly $150 per month.
The property is located 6 minutes from the Historic Boston Edison District and sits on a spacious 6,795 square foot lot.
The quadplex is currently leased with 4 Section 8 tenants, and the monthly dividends are stated as $4,605 and paid in full by the federal government, with tenants paying all utilities. The seller reports taxes have been reduced to roughly $150 per month.
Key Highlights
- 4 recently remodeled, two‑bedroom homes on a 6,795 SF lot in a quiet neighborhood of homeowners
- Brand‑new tear‑off 40‑year crown roof, gutters, and trim, plus updated windows throughout
- New HVAC updates include new furnaces and newly installed hot water tanks
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four newly remodeled two-bedroom units on a 6,795 sq.-ft. lot with a brand new tear-off 40-year crown roof.
Where is this quadplex located?
The property is located at 5319 Ivanhoe Street Detroit, MI.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 4 recently remodeled, two‑bedroom homes on a 6,795 SF lot in a quiet neighborhood of homeowners; Brand‑new tear‑off 40‑year crown roof, gutters, and trim, plus updated windows throughout; New HVAC updates include new furnaces and newly installed hot water tanks