Detroit Multifamily Income
5406 Ivanhoe Street Detroit, MI 48204
5406 Ivanhoe Street, Detroit, MI, 48204
$39,900
For Sale
$39,900
MULTI_FAMILY - Colonial - Detroit, MI
Property Size3,700 SF
Lot Size0.12 Acres
Price / SF$10.78
Days on Market218
Property Features for 5406 Ivanhoe Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 3
- Pets allowed
- Yes
- Standard status
- Active
- APN
- W16I002988S
- Size
- 3,700 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- N IVANHOE 184 SECURITY LAND COS SUB L29 P85 PLATS, W C R 16/183 42.50 X 120
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1923
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Colonial
Listing agency
Bellabay Realty Tri Counties
(248) 274-6614
Listed by
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Dec 16, 2025 Updated: Jul 11 at 2:35AM Checked: Jul 22 at 2:06PM
MLS# 20251060363
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 in Detroit, Michigan, presents an income opportunity and includes a vacant lot at 5405 Spokane. The property is situated in close proximity to the Livernois stretch, shopping areas, schools, and major freeways. The sale is contingent upon the buyer and seller executing a development agreement. Note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements and lot combinations. The Detroit Land Bank Authority will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The property is zoned for residential use and has a size of 3700 square feet, situated on a lot of 0.12 acres.
Key Highlights
- Brick home built in 1923 with Colonial architectural style
- Forced air heating; public water service
- Layout includes 8 bedrooms, 4 bathrooms, and a basement
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Income property with vacant lot near Livernois stretch.
Where is this quadplex located?
The property is located at 5406 Ivanhoe Street Detroit, MI.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Brick home built in 1923 with Colonial architectural style; Forced air heating; public water service; Layout includes 8 bedrooms, 4 bathrooms, and a basement
