Brick Quadplex with Vacant
5406 Ivanhoe Street, Detroit, MI 48204
For Sale
$39,900
Multifamily, 2 Story, Detroit, MI
Property Size3,700 SF
Lot Size0.12 Acres
Price / SF$10.78
Days on Market330
Property Features for 5406 Ivanhoe Street
General Information
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Zoning
Bedrooms
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Full bathrooms
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Pets allowed
Subdivision
Elementary school district
Middle school district
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Standard status
APN
Size
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Taxes and HOA fees
Tax Description
Legal Description
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Building Details
Year built
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Number of units
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Listing Agency:
Bellabay Realty Tri Counties
Listed By:
Natasha C Richards · License MI #6502385914
(248) 274-6614
Added: Dec 16, 2025
Changed: Oct 26
Last Checked: Nov 10 at 7:06PM
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.
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Investment Insights
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This two-story brick quadplex at 5406 Ivanhoe Street includes 3,700 square feet, eight bedrooms, four bathrooms, a basement, forced-air heating, and public water service. Built in 1923 with Colonial styling, the property is offered together with a vacant lot identified at 5405 Spokane; the home and lot are not available as separate purchases.
The property is located in Detroit’s 48204 ZIP code, near the Livernois corridor, shopping, schools, and major freeways. The transaction requires an executed development agreement between the buyer and seller. Detroit Land Bank Authority tax-capture rights apply for the five tax years following transfer, and requests to waive those rights may be reviewed in connection with the purchaser’s development plans and financing.
The property is located in Detroit’s 48204 ZIP code, near the Livernois corridor, shopping, schools, and major freeways. The transaction requires an executed development agreement between the buyer and seller. Detroit Land Bank Authority tax-capture rights apply for the five tax years following transfer, and requests to waive those rights may be reviewed in connection with the purchaser’s development plans and financing.
Key Highlights
- Quadplex with 3,700 square feet of property size
- Eight bedrooms and four bathrooms
- Two‑story brick construction built in 1923
Property Analytics
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Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
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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
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Market
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story residential income property offered with an additional vacant lot under a required development agreement.
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: Quadplex with 3,700 square feet of property size; Eight bedrooms and four bathrooms; Two‑story brick construction built in 1923
