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    5406 Ivanhoe Street Detroit, MI 48204

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    For Sale
    $39,900

    MULTI_FAMILY - Colonial - Detroit, MI

    Property size:
    3,700 SF
    Price / SF:
    $10/SF
    Added:
    Dec 16, 2025
    Days on Market:
    142
    Last Refresh:
    May 7 at 9:06 pm

    Property Features for 5406 Ivanhoe Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Basement, Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 7
    Pets allowed
    Yes
    Standard status
    Active
    APN
    W16I002988S
    Size
    3,700 SF

    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

    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

    We can help!

    Listing Contact
    Natasha C Richards
    Natasha C Richards

    Listing agent Natasha C Richards License #6502385914

    Listing office Bellabay Realty Tri Counties 37361 Eight Mile Road, Livonia, MI

    Listing date Dec 16, 2025

    MLS# 20251060363 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.

    HighLights

    • Income opportunity with included vacant lot
    • Prime location near Livernois, shopping, schools, and freeways
    • Brick construction
    • Colonial architectural style
    • Forced air heating
    • Property includes a basement

    Overview

    Income Opportunity in Detroit, MI

    This property presents a great income opportunity, including a vacant lot at 5405 Spokane. The location is near the Livernois stretch, shopping, schools, and major freeways. The home and lot will not be sold separately. Sale is contingent on a buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The property is located in Detroit, MI 48204, Wayne County. The property size is 3700 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.128986
    Latitude
    42.356902

    FAQs

    What type of property is this?
    Residential land & home lot - Residential income property with vacant lot near Livernois stretch.
    Where is this residential land & home lot 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: Income opportunity with included vacant lot; Prime location near Livernois, shopping, schools, and freeways; Brick construction
    More about this property
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