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Remodeled Quadplex with New Roof

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
Listed by Lauryn Johnson
Added: Jul 5 Updated: Jul 20 at 2:35PM Checked: Jul 22 at 10:06PM
MLS# 20261053311

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 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.

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

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service

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

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
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