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Homes for sale in Detroit City Wayne, MI | 5217 Lakeview St, Detroit City Wayne, MI 48213 | MLS# 58050200431
Homes for sale in Detroit City Wayne, MI | 5217 Lakeview St, Detroit City Wayne, MI 48213 | MLS# 58050200431
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$160,000

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths

    2 full baths

  • Beds Icon1,680sqft

5217 Lakeview St, Detroit City Wayne, MI 48213

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  • Multi Family

  • Built in 1928

  • $-- HOA

  • 3,920.4 sqft lot

  • $95/sq.ft

Description

Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals and currently houses a tenant in the upper unit @ $1,150 per month with security deposit. Main floor unit will rent for $1,200 per month giving this property a CAP Rate of 14%!! Great location on the East side bordering Grosse Pointe and near St. John's Hospital and I94 expressway. All conveniences within a couple of miles and will accommodate any tenant. This is property makes an incredible investment and would also be perfect for an owner occupant with tenant. Open to all financing, schedule your viewing today.

  • Houzeo last checked: 59 Minutes ago
  • Listing updated: March 4, 2026 at 8:09 am
  • Listing Provided by: Lisa Wild | EXP Realty LLC (269) 600-4397
  • Source: Realcomp MLS-MI | MLS#: 58050200431 Realcomp MLS-MI
  • Originating MLS: MiRealSource

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit City Wayne

  • Neighborhood

    --

  • Year Built

    1928

  • HOA Fees

    -

  • Finished Area

    1,680 sqft

  • Lot Size

    3,920.4 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    58050200431

  • MLS Status

    Active

  • Days on Market

    3

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