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Quadplex with New Tear-Off Crown Roof
For Sale
$335,000

5319 Ivanhoe Street, Detroit, MI 48204

MULTI_FAMILY - Other - Detroit, MI

Property Size4,000 SF
Lot Size0.16 Acres
Price / SF$83.75
Days on Market48

Property Features for 5319 Ivanhoe Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 8
Bathrooms 5
Full bathrooms 4
Half bathrooms 4
Rooms Bedroom 2, Bedroom 7, Bedroom 4, Bathroom 4, Basement, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 3
Subdivision Joseph Tireman
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Linwood St. Drive About 0.5 Mile, Then Turn Right Onto Ivanhoe St, Continue Until You Reach 5319 Ivanhoe St.
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
Legal 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

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 Agency: KW Domain · Keller Williams Realty
Listed By: Lauryn Johnson · License #6501462908
Added: Jul 5 Changed: Aug 11 Last Checked: Aug 21 at 8:06PM
MLS# 20261053311

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 quadplex at 5319 Ivanhoe Street consists of four recently remodeled, two-bedroom homes on a 6,795 square foot lot (0.16 acres). The property was built in 1924 with block construction and includes a basement. Improvements noted include a brand new tear-off 40-year crown roof, gutters, and trim, along with upgraded windows throughout.

Each unit has forced-air heating, and the upgrades referenced include new furnaces and newly installed hot water tanks. The remarks also describe brand new plumbing and brand new electrical, plus freshly rolled paint, new carpet, and top-of-the-line underlayment. The home has public water.

The property is currently described as leased with four Section 8 tenants, and the remarks indicate tenants pay all utilities. The property is zoned multi-family.

Key Highlights

  • Four remodeled two‑bedroom units
  • Brand new tear‑off 40‑year crown roof with gutters and trim
  • 6,795 square foot lot (0.16 acres)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multi-family quadplex with four remodeled two-bedroom units, upgraded windows, and a brand new tear-off roof.
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 $335,000.
What are key features of this property?
This property features: Four remodeled two‑bedroom units; Brand new tear‑off 40‑year crown roof with gutters and trim; 6,795 square foot lot (0.16 acres)
More about this property
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