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5827 Lumley, Detroit, MI 48210

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
5827 Lumley,Detroit, MI 48210
$199,000
  • 6 Beds
  • 4 Baths
  • 1,848 sq. ft.
  • Single family
  • Active
Listed by: md ashraf karim
Office: r2m realty
MLS#:60969905
Source:MI_REALSOURCE

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
  • Subdivision & Development:Dendels Sub
  • Listing ID #:60969905
  • Added:207 day(s) ago
  • Updated:September 11, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:10
  • Bedroom Description:Bedroom 1 on Entry Level, Bedroom 2 on Second Level, Bedroom 3 in Basement, Bedroom 4 on Entry Level, Bedroom 5 on Second Level, Bedroom 6 on Entry Level
  • Basement Description:Finished
  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1924
  • Building area:1,848 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Foundation Description:Basement
  • Levels:2+ Story

Utilities

  • Water:Public Water

Finances and disclosures

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