Brick Colonial
For Sale
$39,900
5406 Ivanhoe Street, Detroit, MI 48204
MULTI_FAMILY - Colonial - Detroit, MI
Property Size3,700 SF
Lot Size0.12 Acres
Price / SF$10.78
Days on Market238
Property Features for 5406 Ivanhoe Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 7, Bathroom 3, Basement, Bathroom 4, Bedroom 6, Bedroom 8
Pets allowed
Yes
Subdivision
Security Land Cos
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
S. of Joy, E. of Livernois
Standard status
Active
APN
W16I002988S
Size
3,700 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
N IVANHOE 184 SECURITY LAND COS SUB L29 P85 PLATS, W C R 16/183 42.50 X 120
Legal Description
N IVANHOE 184 SECURITY LAND COS SUB L29 P85 PLATS, W C R 16/183 42.50 X 120
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1923
Floors in Building
2
Number of units
4
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Dec 16, 2025
Changed: Aug 2
Last Checked: Aug 11 at 5:06PM
MLS# 20251060363
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.
Brick Colonial quadplex at 5406 Ivanhoe Street, Detroit, MI 48204, built in 1923. The property sits on a 0.12-acre lot and totals 3,700 square feet, with public water and forced-air heating. Architectural style is listed as Colonial, with construction materials including brick.
The configuration includes multiple bedrooms and bathrooms, with listed rooms covering Bedroom 1 through Bedroom 8 and Bathroom 1 through Bathroom 4, plus a basement.
This offering also includes a vacant lot identified as 5405 Spokane, and the home and lot will not be sold separately (no exceptions noted). Zoning is listed as Residential. The purchase is described as contingent on a buyer/seller executed development agreement, and the Detroit Land Bank Authority is noted as entitled to a tax capture for the five tax years subsequent to transferring ownership of the property, which may be incompatible with certain tax abatements and lot combinations. DLBA review of waiver requests may require a payment in lieu of taxes based on the development proforma and effects on purchase and development financing.
The configuration includes multiple bedrooms and bathrooms, with listed rooms covering Bedroom 1 through Bedroom 8 and Bathroom 1 through Bathroom 4, plus a basement.
This offering also includes a vacant lot identified as 5405 Spokane, and the home and lot will not be sold separately (no exceptions noted). Zoning is listed as Residential. The purchase is described as contingent on a buyer/seller executed development agreement, and the Detroit Land Bank Authority is noted as entitled to a tax capture for the five tax years subsequent to transferring ownership of the property, which may be incompatible with certain tax abatements and lot combinations. DLBA review of waiver requests may require a payment in lieu of taxes based on the development proforma and effects on purchase and development financing.
Key Highlights
- Brick Colonial quadplex built in 1923
- 3,700 square feet on a 0.12‑acre lot
- Forced‑air heating with public water
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick Colonial quadplex with forced-air heat and public water, built in 1923 on a 0.12-acre lot.
Where is this quadplex located?
The property is located at 5406 Ivanhoe Street Detroit, MI.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Brick Colonial quadplex built in 1923; 3,700 square feet on a 0.12‑acre lot; Forced‑air heating with public water
