REDUCED! 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 lHAS 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!
For sale
$400,000
5319 Ivanhoe St, Detroit, MI 48204
8beds
4,000sqft
Multi Family
Built in 1924
-- sqft lot
$365,100 Zestimate®
$100/sqft
$-- HOA
What's special
- 3 days |
- 150 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Lauryn Johnson 248-207-2994,
KW Domain 248-590-0800
Source: Realcomp II,MLS#: 20261049780
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 4,000 sqft
- Finished area above ground: 4,000
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 56.9 x 120
Details
- Parcel number: W16I002942S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Quadruplex
- Property subtype: Multi Family
Materials
- Block
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: JOSEPH TIREMAN
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $20,100
- Annual tax amount: $3,825
- Date on market: 6/30/2026
- Cumulative days on market: 78 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$365,100
$347,000 - $383,000
$1,622/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $400,000+8.1%$100/sqft |
Source: | ||
| 6/27/2026 | Listing removed | $369,900$92/sqft |
Source: | ||
| 6/26/2026 | Price change | $369,900-1.4%$92/sqft |
Source: | ||
| 6/18/2026 | Price change | $375,000-6.3%$94/sqft |
Source: | ||
| 6/13/2026 | Listed for sale | $400,000+300%$100/sqft |
Source: | ||
| 5/24/2026 | Listing removed | $100,000$25/sqft |
Source: | ||
| 3/25/2026 | Listed for sale | $100,000$25/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | $10,900 -1.8% |
| 2017 | -- | $11,100 -71.9% |
| 2016 | $1,083 | $39,500 +3850% |
| 2015 | $1,083 +7.7% | $1,000 -96% |
| 2013 | $1,006 -7.1% | $25,271 +132.4% |
| 2010 | $1,083 | $10,872 -12% |
| 2009 | -- | $12,355 -10.5% |
| 2008 | -- | $13,804 |
| 2007 | -- | $13,804 +5.5% |
| 2005 | $145 | $13,084 +3% |
| 2004 | -- | $12,703 +17.5% |
| 2001 | $900 +10.1% | $10,808 +3.2% |
| 2000 | $817 | $10,473 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Midwest
Nearby schools
GreatSchools rating
- 4/10Sampsonwebber Leadership AcademyGrades: PK-8Distance: 0.5 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48204
- Midwest
- 5319 Ivanhoe St





