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5827 Lumley Street, Detroit, MI 48210

Detroit
Local realty services provided by:CENTURY 21 Dynamic Realty
5827 Lumley Street,Detroit, MI 48210
$199,000
  • 6 Beds
  • 4 Baths
  • 2,904 sq. ft.
  • Single family
  • Active
Listed by: md ashraf karim
Office: r2m realty
MLS#:20261009550
Source:MI_REALCOMP

Price summary

  • Price:$199,000
  • Price per sq. ft.:$68.53

About this home

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.

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Home facts

  • Year built:1924
  • Listing ID #:20261009550
  • Added:14 day(s) ago
  • Updated:March 03, 2026 at 11:00 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:6
  • Basement Description:Finished
  • Living area:2,904 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1924
  • Building area:2,904 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Foundation Description:Basement, Poured
  • Levels:Three

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$68.53
  • Tax amount:$3,266
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