USAMIDetroitJoseph Tireman5319 Ivanhoe St

5319 Ivanhoe St, Detroit, MI

Name: 5319 Ivanhoe St, For Sale in Detroit - Zoocasa
Brand: LPT Realty, LLC
SKU: 20261018867
Price: 100000 USD

House

For Sale

Listed price in listed location currency (USD).

$100,000

080

MLS® 20261018867

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 4000 sqft

Garage

Taxes $1,741

Days Active 23

Lot Size

Approx. Age 1924

Avg. Price Per Sqft $25

MLS® Number 20261018867

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

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

Description

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 ability to design the remaining renovations to your specifications, the upside potential is significant. Opportunities like this are ideal for experienced investors, builders, or contractors looking to take over a project that already has important improvements completed.

MLS® Number20261018867

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1924

BasementFull, Unfinished

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 24, 2026List Date

$100,000List Price

Map

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