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For sale
  • $400,000

    5319 Ivanhoe St, Detroit, MI 48204

    8beds
    4,000sqft
    : 
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    Multi Family
    Built in 1924
    -- sqft lot
    $365,100 Zestimate®
    $100/sqft
    $-- HOA

    What's special

    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!
    3 days
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    150
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lauryn Johnson 248-207-2994,

    KW Domain 248-590-0800

    Source: Realcomp II,MLS#: 20261049780MLS Logo

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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

        DateEventPrice
        6/30/2026Listed for sale$400,000+8.1%$100/sqft
        Source: Realcomp II #20261049780 Report a problem
        6/27/2026Listing removed$369,900$92/sqft
        Source: Realcomp II #20261044349 Report a problem
        6/26/2026Price change$369,900-1.4%$92/sqft
        Source: Realcomp II #20261044349 Report a problem
        6/18/2026Price change$375,000-6.3%$94/sqft
        Source: Realcomp II #20261044349 Report a problem
        6/13/2026Listed for sale$400,000+300%$100/sqft
        Source: Realcomp II #20261044349 Report a problem
        5/24/2026Listing removed$100,000$25/sqft
        Source: Realcomp II #20261018867 Report a problem
        3/25/2026Listed for sale$100,000$25/sqft
        Source: Realcomp II #20261018867 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        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

        Getting around

        11 / 100
        Car-Dependent
        49 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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