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5319 Ivanhoe, Detroit, MI 48204

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
5319 Ivanhoe,Detroit, MI 48204
$100,000
  • - Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew pierce
Office: lpt realty, llc.
MLS#:60978339
Source:MI_REALSOURCE

Price summary

  • Price:$100,000

About this home

Attention investors and contractors! This 4-unit property at 5319 Ivanhoe St, Detroit offers a strong value-add opportunity with major improvements already started. The property is currently mid-renovation, giving the next owner the chance to step in and complete the project while building significant equity. Three of the units have been taken down to the studs, providing a blank canvas for a full renovation. One unit is approximately 70% complete, allowing the next owner to potentially finish and stabilize the property sooner while completing the remaining units. Key updates have already been completed, including a new roof, new water tank, and new furnace, helping reduce major upfront costs and giving investors a head start on the rehab process. This property presents multiple investment strategies, finish the renovations and create a cash-flowing multifamily rental, add it to a long-term portfolio, or complete the project for resale. With strong rental demand in Detroit and the...

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Home facts

  • Year built:1924
  • Listing ID #:60978339
  • Added:50 day(s) ago
  • Updated:May 14, 2026 at 10:26 AM

Rooms and interior

  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:4
  • Basement Description:Block

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1924
  • Lot area:0.16 Acres
  • Foundation Description:Basement, Block
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$100,000
  • Tax amount:$1,741

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