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For sale
  • $39,900

    5406 Ivanhoe St, Detroit, MI 48204

    8beds
    5,550sqft
    : 
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    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $7/sqft
    $-- HOA

    What's special

    Great income opportunity to include vacant lot, 5405 Spokane. Great location close to Livernois stretch, shopping, schools, major freeways and more! Home and lot will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
    200 days
    |
    857
    |
    70
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Natasha C Richards 248-274-6614,

    Bellabay Realty Tri Counties 248-274-6614

    Source: Realcomp II,MLS#: 20251060363MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 5,550 sqft
      • Finished area above ground: 3,700
      • Finished area below ground: 1,850

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 42.5 x 120
      Details
      • Parcel number: W16I002988S
      • Zoning description: Residential
      • Special conditions: Government Owned,Short Sale No

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Common Entry Building,Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: SECURITY LAND COS
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $7/sqft
      • Tax assessed value: $19,950
      • Annual tax amount: $707
      • Date on market: 12/23/2025
      • Cumulative days on market: 200 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,119/mo

        Price history

        DateEventPrice
        12/23/2025Listed for sale$39,900+1420%$7/sqft
        Source: Realcomp II #20251060363 Report a problem
        2/10/2023Listing removed--
        Source: Realcomp II #20221050575 Report a problem
        11/22/2022Pending sale$2,625
        Source: Realcomp II #20221050575 Report a problem
        11/22/2022Listing removed$2,625
        Source: Realcomp II #20221050575 Report a problem
        10/26/2022Pending sale$2,625
        Source: Realcomp II #20221050575 Report a problem
        11/8/2021Listed for sale$2,625
        Source: Realcomp II #2200083627 Report a problem
        10/2/2021Pending sale$2,625
        Source: AAABOR #485809649 Report a problem
        1/4/2021Price change$2,625-25%
        Source: Realcomp II #2200083627 Report a problem
        10/9/2020Listed for sale$3,500-73.1%$1/sqft
        Source: Bellabay Realty Tri Counties #2200083627 Report a problem
        7/13/2007Sold$13,000-56.7%$2/sqft
        Source: Public Record Report a problem
        4/17/2007Sold$30,000-47%$5/sqft
        Source: Public Record Report a problem
        12/27/2005Sold$56,619-11.5%$10/sqft
        Source: Public Record Report a problem
        6/3/2004Sold$64,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- --
        2024-- --
        2023-- --
        2022-- --
        2021-- --
        2020-- --
        2019-- --
        2018-- --
        2017-- --
        2016$1,032 --
        2015$1,032 +46.1%--
        2013$707 -31.5%$7,067 -30.2%
        2010$1,032 $10,125 -12%
        2009-- $11,506 -10.5%
        2008-- $12,856
        2007-- $12,856 +5.5%
        2005$148 $12,186 +3%
        2004-- $11,831

        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midwest

        Getting around

        9 / 100
        Car-Dependent
        49 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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