Search
Recently Renovated Duplex
For Sale
$176,900

5217 Lakeview St, Detroit, MI 48213

Extensively renovated duplex updated inside and out, with nearby access to Chandler Park and the Villages at Parkside redevelopment.

Property Size1,680 SF
Price / SF$105.30
Days on Market100

Property Features for 5217 Lakeview St

General Information

Standard status Active
Size 1,680 SF
Property subtype Multi-Family

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1928
Listing Agency: Keller Williams Of Nm Signature Group
Listed By: NextHome Evolution
Source: Nhevolutionmi
Added: Jul 9 Changed: Oct 15 Last Checked: Oct 14 at 11:35PM

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 Keller Williams Of Nm Signature Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This recently renovated duplex has been extensively updated both inside and out, positioned as a turnkey, low-maintenance residential income property. Updates are described as comprehensive, supporting ready-to-rent use without additional major renovation work.

The property is located in Detroit, MI, just steps from Chandler Park, a 200-acre park that includes the 14 Million Chandler Park Fieldhouse. It is also near the redevelopment of the 52-acre Villages at Parkside community, where Detroit Housing is partnered on a neighborhood revitalization effort.

BikeScore is 67 (bikeable), walkScore is 60 (somewhat walkable), and transitScore is 42 (some transit), providing a workable range of non-driving options for tenants and visitors.

Key Highlights

  • 1928‑built duplex extensively renovated and updated both inside and out
  • Near Chandler Park (200 acres), including the 14 Million Chandler Park Fieldhouse
  • Close to the 52‑acre Villages at Parkside redevelopment

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Extensively renovated duplex updated inside and out, with nearby access to Chandler Park and the Villages at Parkside redevelopment.
Where is this duplex located?
The property is located at 5217 Lakeview St Detroit, MI.
What is the asking price?
The asking price for this property is $176,900.
What are key features of this property?
This property features: 1928‑built duplex extensively renovated and updated both inside and out; Near Chandler Park (200 acres), including the 14 Million Chandler Park Fieldhouse; Close to the 52‑acre Villages at Parkside redevelopment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again