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    Four-Unit Residential Income Property

    5319 Ivanhoe Street Detroit, MI 48204

    Claim this Listing
    For Sale
    $345,000

    MULTI_FAMILY - Other - Detroit, MI

    Property size:
    4,000 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $86.25/SF
    Added:
    Jul 5, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 13 at 9:06 pm

    Property Features for 5319 Ivanhoe Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family
    Bedrooms
    8
    Bathrooms
    5
    Rooms
    Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 8, Basement, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1
    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

    Listing office KW Domain 210 S Old Woodward Ave Suite 200, Birmingham, MI

    Listing date Jul 5, 2026

    MLS# 20261053311 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This four-unit residential income property consists of four recently remodeled two-bedroom homes. The improvements described include a brand-new tear-off 40-year crown roof along with new gutters and trim, upgraded windows, new furnaces, newly installed hot water tanks, and new plumbing and electrical in each unit. Interior updates include fresh paint and new carpet with underlayment, as well as newly addressed utility-related items to support ongoing maintenance.

    The property is situated on a spacious 6,795 square foot lot in a quiet neighborhood of homeowners and is located about six minutes from the historic Boston Edison District.

    The offering information also notes the units have been leased with Section 8 tenants and that tenants pay all utilities, which is presented as part of the current operating setup.

    Key Highlights

    • 4‑unit property with 4 recently remodeled 2‑bedroom homes on a 6,795 SF lot
    • Brand‑new tear‑off 40‑year crown roof plus new gutters, trim, and upgrades to every window
    • New HVAC‑related updates including new furnaces and newly installed hot water tanks

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Quadplex - Four recently remodeled two-bedroom homes on a 6,795 sf lot with updated mechanical systems.
    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 $345,000.
    What are key features of this property?
    This property features: 4‑unit property with 4 recently remodeled 2‑bedroom homes on a 6,795 SF lot; Brand‑new tear‑off 40‑year crown roof plus new gutters, trim, and upgrades to every window; New HVAC‑related updates including new furnaces and newly installed hot water tanks
    Contact an agent
    (248) 590-0800
    We can help!
    Contact an agent
    Lauryn Johnson
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