5907 Iroquois Street Detroit, MI $ 380,000
5907 Iroquois Street
$ 380,000
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5907 Iroquois Street

Detroit, MI, 48213
$ 380,000
Baths4.1 Sq 4,680

Monthly Estimate*

$ 2,371

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Studio

Multi-Family Home for sale in Detroit, MI

for $380,000 with 4 full baths, 1 half bath. This 4,680 square foot home was built in 1923 on a lot size of 0.15.

START CASH FLOWING - Two units leased at $1,759 and $960/month with room for rent increases. Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio. Don't miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.

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Multi-Family Active

Price

$ 380,000

Bedrooms

Studio

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 7,642

Style

Lot Size

0.15

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60922913

Features
General
Heating Hot Water
Possession At Close
Water Public Water
Status Active Active
Full Baths 4
Half Baths 1
Bathrooms 5
Year Built 1923
Subdivision Stephens Elm Park MI
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 31848
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Gratiot Ave To E Warren To Iroquois
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description W IROQUOIS S 25 FT 43 44 BLK 12 STEPHENS ELM PK SUB L19 P12 PLATS W C R 17/125 60 X 110
DOM 127
Postal Code 48213
Price Per Sq Ft Total AG 81.2
Public Remarks START CASH FLOWING - Two units leased at $1
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Interior
Basement Block
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Exterior Aluminum Brick
Lot Size Area 0.15
Lot Dimensions 60X110
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Xhejms Shahinaj

Listing Agent

Clyde Realty Llc

Broker

jshahinaj@outlook.com

Email

Affordability Calculator

$3,008
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,371
Monthly Property Taxes
$637
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2025$380,000 -2.56% Price Down
7/29/2025$390,000 Listed Price

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5907 Iroquois Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $380,000 with 4,680 sqft and a lot size of 0.15. 5907 Iroquois Street is a studio with 4.1 baths and was built in 1923. The property's zip code is 48213 which is in Detroit, MI