USAMIDetroitJoseph Tireman5319 Ivanhoe St
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$400,000

For Sale

10 hours ago

5319 Ivanhoe St, Detroit, MI

House

MLS® 20261044349

0 Bed

8 Bath

4000 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4000 sqft
Garage 
Taxes $3,825
Days Active 0
Lot Size 0.16 Acres
Approx. Age 1924
Avg. Price Per Sqft $100
MLS® Number 20261044349

Property Address: 5319 Ivanhoe St, Detroit, MI, 48204-3681

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number20261044349
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 13, 2026List Date
$400,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$100,000List Price
  • Commute

Commute

Starting Address
Destination Address
5319 Ivanhoe St, Detroit, MI

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