5319 Ivanhoe St, Detroit, MI 48204
Four recently remodeled two-bedroom units with brand new roof and major mechanical upgrades, currently leased to Section 8 tenants.
- Added:
- Jun 21, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 23 at 2:30 am
Property Features for 5319 Ivanhoe St
General Information
- Standard status
- Active
- Lot size
- 6,795.00 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1924
Listing office KW Domain Birmingham (248) 207-2994
Listing date Jun 21, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of KW Domain Birmingham
HighLights
- Year built 1924; 4 recently remodeled two‑bedroom homes on a 6,795 SF lot in a quiet neighborhood of homeowners
- Brand new tear‑off 40‑year crown roof with gutters and trim
- Major upgrades include new furnaces and newly installed hot water tanks
- Each unit has new plumbing and new electrical, plus fresh paint, brand new carpet, and updated windows
- Currently leased to 4 Section 8 tenants; monthly dividends of $4,605 are paid in full by the federal government
- Tenants pay all utilities; taxes reduced to roughly $150 per month
Overview
Set on a spacious 6,795 square foot lot in a quiet neighborhood of homeowners, the home offers a straightforward residential income configuration. WalkScore is listed as 35 (car-dependent), with BikeScore of 54 (bikeable) and a TransitScore of 52 (good transit), supporting a mixed but transit-capable area profile.
The property is currently leased with four Section 8 tenants. According to the remarks, the monthly dividends of $4,605 are paid in full by the federal government, while tenants pay all utilities. If you’re evaluating a turn-key, systems-updated quadplex, these recent improvements and current occupancy structure may be attractive for an owner seeking a more maintenance-conscious setup. Please note that showings are not available without an accepted full list offer.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.12707
- Latitude
- 42.357006