5319 Ivanhoe Street, Detroit, MI 48204
MULTI_FAMILY - Other - Detroit, MI
- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 6 at 6:06 am
Property Features for 5319 Ivanhoe Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Basement, Bedroom 6, Bedroom 8, Bedroom 7, Bedroom 5
- Standard status
- Active
- APN
- W16I002942S
- Size
- 4,000 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S IVANHOE 231&230 BLK 10 JOSEPH TIREMANS SUB L28 P22 PLATS, W C R 16/178 56.90 X 120
- Tax Annual Amount
- 3825
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1924
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Block
- Architectural style
- Other
Listing agent Lauryn Johnson (248) 590-0800
Listing office KW Domain 210 S Old Woodward Ave Suite 200, Birmingham, MI (248) 590-0800
Listing date Jun 30, 2026
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.
HighLights
- 4‑unit property on a 6,795 SF lot, built in 1924, with Block construction and forced‑air heating
- Brand‑new tear‑off 40‑year crown roof, including gutters, trim, and exterior work (per remarks)
- Each unit reportedly has remodeled interiors with upgraded windows, new furnaces, and newly installed hot water tanks
- New plumbing and new electrical installed for each unit, plus fresh paint and brand‑new carpet with underlayment
- Currently leased to 4 Section 8 tenants; monthly dividends of $4,605 reported as paid in full by the federal government
- Tenants pay all utilities; remarks report a return just under 20% and taxes roughly $150 per month
Overview
The property is situated on a spacious 6,795 square foot lot in a quiet neighborhood of homeowners, with the listing noting it is about 6 minutes from the historic Boston Edison district.
The building is currently leased with four Section 8 tenants, with the listing stating that $4,605 in monthly dividends is paid in full by the federal government. Tenants pay all utilities, and the listing notes taxes reduced to roughly $150 per month. The asset is offered for sale with the note that showings will not be provided without an accepted full list offer.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.127233
- Latitude
- 42.357012
