Brick Quadplex with Vacant
For Sale
$39,900
5406 Ivanhoe Street, Detroit, MI 48204
Multifamily, 2 Story, Detroit, MI
Property Size3,700 SF
Lot Size0.12 Acres
Price / SF$10.78
Days on Market264
Property Features for 5406 Ivanhoe Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 1, Bedroom 8, Bedroom 4, Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 6, Basement, Bedroom 2, Bathroom 2
Pets allowed
Yes
Subdivision
Security Land Cos
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
S. of Joy, E. of Livernois
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
Legal 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
(313) 204-0310
Added: Dec 16, 2025
Changed: Sep 4
Last Checked: Sep 6 at 5:06AM
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 two-story brick quadplex at 5406 Ivanhoe Street includes 3,700 square feet, eight bedrooms, four bathrooms, a basement, forced-air heating, and public water service. Built in 1923 with Colonial styling, the property is offered together with a vacant lot identified at 5405 Spokane; the home and lot are not available as separate purchases.
The property is located in Detroit’s 48204 ZIP code, near the Livernois corridor, shopping, schools, and major freeways. The transaction requires an executed development agreement between the buyer and seller. Detroit Land Bank Authority tax-capture rights apply for the five tax years following transfer, and requests to waive those rights may be reviewed in connection with the purchaser’s development plans and financing.
The property is located in Detroit’s 48204 ZIP code, near the Livernois corridor, shopping, schools, and major freeways. The transaction requires an executed development agreement between the buyer and seller. Detroit Land Bank Authority tax-capture rights apply for the five tax years following transfer, and requests to waive those rights may be reviewed in connection with the purchaser’s development plans and financing.
Key Highlights
- Quadplex with 3,700 square feet of property size
- Eight bedrooms and four bathrooms
- Two‑story brick construction built in 1923
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story residential income property offered with an additional vacant lot under a required development agreement.
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: Quadplex with 3,700 square feet of property size; Eight bedrooms and four bathrooms; Two‑story brick construction built in 1923
