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For sale
  • $199,000

    5827 Lumley St, Detroit, MI 48210

    6beds
    2,904sqft
    : 
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    Single Family Residence
    Built in 1924
    3,049 Square Feet Lot
    $194,800 Zestimate®
    $69/sqft
    $-- HOA

    What's special

    Excellent investment opportunity in the heart of Detroit. This well-maintained 3-unit multifamily property is a strong cash-producing asset with immediate income in place. Two of the three units are currently rented, generating a combined $2,250 in monthly income, while the third vacant unit offers additional upside with an estimated rental potential of $1,000 per month. All units have been well cared for, and the property has a solid rental history. Features include long-term, reliable tenants who are up to date on rent, making this an ideal turnkey investment for both new and seasoned investors. The building has been consistently maintained and presents minimal deferred maintenance. Perfect for investors seeking steady cash flow, value-add potential, and a quick closing opportunity. Do not miss this income-generating multifamily property.
    141 days
    |
    262
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Md Ashraf Karim 248-688-7838,

    R2M Realty 248-688-7838

    Source: Realcomp II,MLS#: 20261009550MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 144
      • Dimensions: 12 X 12
      Primary bedroom
      • Level: Second
      • Area: 132
      • Dimensions: 12 X 11
      Primary bedroom
      • Level: Basement
      • Area: 168
      • Dimensions: 14 X 12
      Bedroom
      • Level: Entry
      • Area: 132
      • Dimensions: 11 X 12
      Bedroom
      • Level: Second
      • Area: 110
      • Dimensions: 10 X 11
      Bedroom
      • Level: Entry
      • Area: 110
      • Dimensions: 10 X 11
      Primary bathroom
      • Level: Basement
      • Area: 36
      • Dimensions: 6 X 6
      Other
      • Level: Entry
      • Area: 64
      • Dimensions: 8 X 8
      Other
      • Level: Second
      • Area: 64
      • Dimensions: 8 X 8
      Other
      • Level: Basement
      • Area: 36
      • Dimensions: 6 X 6
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,904 sqft
      • Finished area above ground: 1,848
      • Finished area below ground: 1,056

      Property

      Parking
      • Parking features: Alley Access, Covered, Drive Through, No Garage
      Features
      • Levels: Three
      • Stories: 3
      • Entry location: GroundLevel
      • Pool features: None
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 30 x 100
      Details
      • Parcel number: W20I008643S
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Basement, Poured
      Condition
      • New construction: No
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: DENDELS SUB
      HOA
      • Has HOA: No
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $69/sqft
      • Tax assessed value: $18,642
      • Annual tax amount: $3,266
      • Date on market: 2/16/2026
      • Cumulative days on market: 142 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $194,800

        $185,000 - $205,000

        $2,494/mo

        Price history

        DateEventPrice
        2/16/2026Listed for sale$199,000+18.5%$69/sqft
        Source: Realcomp II #20261009550 Report a problem
        3/17/2025Sold$168,000-6.6%$58/sqft
        Source: Realcomp II #20250005194 Report a problem
        2/21/2025Pending sale$179,900$62/sqft
        Source: Realcomp II #20250005194 Report a problem
        1/27/2025Listed for sale$179,900+56.4%$62/sqft
        Source: Realcomp II #20250005194 Report a problem
        7/9/2020Listing removed$800
        Source: RE/MAX Leading Edge #2200039264 Report a problem
        6/5/2020Listed for rent$800
        Source: RE/MAX Leading Edge #2200039264 Report a problem
        5/21/2020Sold$115,000-10.9%$40/sqft
        Source: Public Record Report a problem
        3/8/2020Pending sale$129,000$44/sqft
        Source: RE/MAX Leading Edge #2200005616 Report a problem
        1/23/2020Listed for sale$129,000$44/sqft
        Source: RE/MAX Leading Edge #2200005616 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $37,900 +27.2%
        2024-- $29,800 +24.2%
        2023-- $24,000 +10.1%
        2022-- $21,800 +1.4%
        2021-- $21,500
        2020$1,341 +6%$21,500 +22.9%
        2019$1,265 $17,500 +14.4%
        2018$1,265 $15,300 +4.1%
        2017-- $14,700 -21.8%
        2016$1,331 $18,800
        2015$1,331 -0.8%$18,800 -9.9%
        2013$1,342 +0.8%$20,870 -30.2%
        2010$1,331 $29,902 -12%
        2009-- $33,980 -10.5%
        2008-- $37,966
        2007-- $37,966 +5.5%
        2005$134 $35,987 +3%
        2004-- $34,939 +248%
        2001$653 +12.2%$10,039 +3.2%
        2000$582 $9,727

        Find assessor info on the county website

        Monthly payment

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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: Claytown

        Getting around

        59 / 100
        Somewhat Walkable
        41 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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