Multifamily Property Near Downtown
For Sale
$38,000
Pending
5105 Seyburn St, Detroit, MI 48213
Multifamily property with investment or redevelopment potential near Downtown Detroit.
Property Size2,007 SF
Days on Market111
Property Features for 5105 Seyburn St
General Information
Standard status
Pending
Size
2,007 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$1,352
Building Details
Building Size
2,007 SF
Year Built
1906
Units
2
Listing Agency:
Detroit Progress Realty LLC
(313) 888-6060
Listed By:
Mikhail Grigoryan · License #6502425564
(313) 888-6060
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 5:42AM
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 Detroit Progress Realty LLC
Investment Insights
Based on property information with market context.
This multifamily property presents investment or redevelopment opportunities. The building includes units with 3 bedrooms and 1 bathroom. Conversion to a single-family residence is possible. The property is located a short drive from Downtown Detroit, with convenient access to Eastern Market and The Villages. Its location places it near active corridors and revitalization areas. The property is suitable for investors, owner-occupants, or developers. The property is sold as-is. The bike score is 68, indicating it is bikeable. The walk score is 50, indicating it is somewhat walkable. The transit score is 54, indicating good transit.
Key Highlights
- Multifamily property with redevelopment potential.
- Convertible to a spacious single‑family residence.
- Located near Downtown Detroit, Eastern Market, and The Villages.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 48213, MI
19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with investment or redevelopment potential near Downtown Detroit.
Where is this multifamily property located?
The property is located at 5105 Seyburn St Detroit, MI.
What is the asking price?
The asking price for this property is $38,000.
What are key features of this property?
This property features: Multifamily property with redevelopment potential.; Convertible to a spacious single‑family residence.; Located near Downtown Detroit, Eastern Market, and The Villages.
