Remodeled Four-Unit Multifamily
New
For Sale
$335,000
5319 Ivanhoe Street, Detroit, MI 48204
Four two-bedroom dwellings with updated building systems and Multi-Family zoning on a residential Detroit lot.
Property SizeContact for details
Lot Size0.16 Acres
Days on Market5
Property Features for 5319 Ivanhoe Street
General Information
Standard status
Active
Lot size
0.16 Acres
Property subtype
Multi Family Home
Zoning
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$3,825
Building Details
Year Built
1924
Tenancy
Multi
Listing Agency:
KW Domain
(248) 207-2994
Listed By:
Lauryn Johnson · License #6501462908
Source:
Buyatthelake
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 10 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Domain
Investment Insights
Based on property information with market context.
This 1924 quadplex contains four recently remodeled two-bedroom dwellings on a 6,795-square-foot lot. Improvements include a new tear-off 40-year roof with gutters and trim, upgraded low-E windows, new furnaces, newly installed hot water tanks, and updated plumbing and electrical systems. Interior work includes fresh paint and new carpet with upgraded underlayment in each residence.
Located at 5319 Ivanhoe Street in Detroit, the property is approximately 6 minutes from the historic Boston Edison District and sits within a neighborhood of homeowners. The property is zoned Multi-Family and is currently leased to four Section 8 tenants. Tenants pay all utilities. The stated improvements and four-unit configuration provide a clear operating profile for a multifamily owner.
Located at 5319 Ivanhoe Street in Detroit, the property is approximately 6 minutes from the historic Boston Edison District and sits within a neighborhood of homeowners. The property is zoned Multi-Family and is currently leased to four Section 8 tenants. Tenants pay all utilities. The stated improvements and four-unit configuration provide a clear operating profile for a multifamily owner.
Key Highlights
- Four recently remodeled two‑bedroom dwellings
- 6,795 square foot lot in Detroit
- New tear‑off 40‑year roof with gutters and trim
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
318
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 - Four two-bedroom dwellings with updated building systems and Multi-Family zoning on a residential Detroit lot.
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 $335,000.
What are key features of this property?
This property features: Four recently remodeled two‑bedroom dwellings; 6,795 square foot lot in Detroit; New tear‑off 40‑year roof with gutters and trim
