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.
For sale
$39,900
5406 Ivanhoe St, Detroit, MI 48204
8beds
5,550sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$7/sqft
$-- HOA
What's special
- 291 days
- 516
- 58
Zillow last checked:
Listing updated:
Listed by:
Natasha C Richards 248-274-6614,
Bellabay Realty Tri Counties 248-274-6614
Source: Realcomp II,MLS#: 20251060363
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: 291 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,054/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Listed for sale | $39,900+1420%$7/sqft |
Source:  Realcomp II #20251060363 Report a problem | ||
| 2/10/2023 | Listing removed | -- |
Source: Realcomp II #20221050575 Report a problem | ||
| 11/22/2022 | Pending sale | $2,625 |
Source: Realcomp II #20221050575 Report a problem | ||
| 11/22/2022 | Listing removed | $2,625 |
Source: Realcomp II #20221050575 Report a problem | ||
| 10/26/2022 | Pending sale | $2,625 |
Source: Realcomp II #20221050575 Report a problem | ||
| 11/8/2021 | Listed for sale | $2,625 |
Source: Realcomp II #2200083627 Report a problem | ||
| 10/2/2021 | Pending sale | $2,625 |
Source:  AAABOR #485809649 Report a problem | ||
| 1/4/2021 | Price change | $2,625-25% |
Source: Realcomp II #2200083627 Report a problem | ||
| 10/9/2020 | Listed for sale | $3,500-73.1%$1/sqft |
Source: Bellabay Realty Tri Counties #2200083627 Report a problem | ||
| 7/13/2007 | Sold | $13,000-56.7%$2/sqft |
Source: Public Record Report a problem | ||
| 4/17/2007 | Sold | $30,000-47%$5/sqft |
Source: Public Record Report a problem | ||
| 12/27/2005 | Sold | $56,619-11.5%$10/sqft |
Source: Public Record Report a problem | ||
| 6/3/2004 | Sold | $64,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: Midwest
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