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.
For sale
$199,000
5827 Lumley St, Detroit, MI 48210
6beds
2,904sqft
Single Family Residence
Built in 1924
3,049 Square Feet Lot
$192,100 Zestimate®
$69/sqft
$-- HOA
What's special
- 188 days |
- 251 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Md Ashraf Karim 248-688-7838,
R2M Realty 248-688-7838
Source: Realcomp II,MLS#: 20261009550
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: 189 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$192,100
$182,000 - $202,000
$2,649/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $199,000+18.5%$69/sqft |
Source:  Realcomp II #20261009550 Report a problem | ||
| 3/17/2025 | Sold | $168,000-6.6%$58/sqft |
Source: Realcomp II #20250005194 Report a problem | ||
| 2/21/2025 | Pending sale | $179,900$62/sqft |
Source: Realcomp II #20250005194 Report a problem | ||
| 1/27/2025 | Listed for sale | $179,900+56.4%$62/sqft |
Source: Realcomp II #20250005194 Report a problem | ||
| 7/9/2020 | Listing removed | $800 |
Source: RE/MAX Leading Edge #2200039264 Report a problem | ||
| 6/5/2020 | Listed for rent | $800 |
Source: RE/MAX Leading Edge #2200039264 Report a problem | ||
| 5/21/2020 | Sold | $115,000-10.9%$40/sqft |
Source: Public Record Report a problem | ||
| 3/8/2020 | Pending sale | $129,000$44/sqft |
Source: RE/MAX Leading Edge #2200005616 Report a problem | ||
| 1/23/2020 | Listed for sale | $129,000$44/sqft |
Source: RE/MAX Leading Edge #2200005616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Claytown
Nearby schools
GreatSchools rating
- 4/10Priest Elementary-Middle SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Western International High SchoolGrades: 9-12Distance: 3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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