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Street View
$350,000
Monthly Est:$1,742
-- Bed
8 Baths4 full baths + 4 half baths
4,000sqft
5319 Ivanhoe St, Detroit, MI 48204
$350,000
$1,742/moEst:
Get Pre-Approved
Multi Family
Built in 1924
$-- HOA
0.16 acre lot
$88/sq.ft
Description
LOCATED 6 MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, YOU WILL FIND 5319 IVANHOE NESTLED ON A SPACIOUS 6,795 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF, GUTTERS, TRIM AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. EVERY WINDOW HAS BEEN UPGRADED WITH TOP OF THE LOW E MAINTENANCE FREE APPOINTMENTS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING AND BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $4605 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PERCENT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
- Houzeo last checked: 5 hours ago
- Listing updated: September 30, 2026 at 10:02 pm
- Listing Provided by: Lauryn Johnson (248) 207-2994 | KW Domain (248) 590-0800
- Source: Realcomp MLS-MI | MLS#: 20261077957
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
4,000 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261077957
MLS Status
Accepting Backup Offers
Days on Market
9
Cumulative Days on Market
145
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 8
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1924
Home type
Multi Family
Construction Materials
Block
Architectural Style
Quadruplex
Foundation Details
Basement, Poured
Utilities & Energy
Pool Features
None
Basement
Unfinished
Water Source
Public
Other Features
Subdivision Name
Joseph Tireman
Disclosures
Actual Income, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
09/30/2026 Source: | Contingent (Active Under Contract) | $350,000 $88/sqft |
09/26/2026 Source: | Price Increased | $350,000 +6.09% $88/sqft |
09/03/2026 Source: | Price Decreased | $329,900 -1.52% $82/sqft |
07/30/2026 Source: | Price Decreased | $335,000 -2.90% $84/sqft |
07/13/2026 Source: | Listed for Sale | $345,000 -1.43% $86/sqft |
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Midwest Ranks #129 in Detroit, MI
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 05, 2026, 03:00PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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