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5309 Lakeview Street Detroit, MI $ 229,900
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$ 229,900 Get more info
5309 Lakeview Street
$ 229,900
Back to search
Share Save

5309 Lakeview Street

Detroit, MI, 48213
$ 229,900
Baths2.0 Sq 1,717

Monthly Estimate*

$ 1,434

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Studio

Multi-Family Home for sale in Detroit, MI

for $229,900 with 2 full baths. This 1,717 square foot home was built in 1931 on a lot size of 0.09.

Investor Opportunity! This 2-unit brick bungalow in Detroit is currently operating as a 5-star Airbnb, generating $199/night for the lower unit and $120/night for the upper unit. Each spacious 2-bedroom, 1-bath flat offers approximately 859 sq ft of living space, separate entrances, and a shared full basement. Built in the 1930s with durable craftsmanship and natural gas forced air heating. Enjoy minimal grounds maintenance, a fully stocked setup, and the flexibility to continue as an Airbnb or convert to home healthcare housing. Located just minutes from E. Warren Ave and Dickerson with easy freeway access—reach downtown Detroit in only 15 minutes! A great choice for investors or owner-occupants seeking income potential in a prime, growing area. Sold vacant and ready to go!

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Multi-Family Active

Price

$ 229,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,360

Style

Bungalow

Lot Size

0.09

Year Built

1931

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251036521
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1931
Levels OneandOneHalf
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name PLAT OF ALFRED F STEINERS PARK SUB
Garage Y/N N
Full Baths 2
Status Active
Directions From Dickerson Ave go East on Warren Ave then North on Lakeview St.
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 2360.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 11269
Expected Active Date 2025-10-08
Legal Description W LAKEVIEW 98 PLAT OF ALFRED F STEINERS PARK SUB L40 P61 PLATS W C R 21/630 40 X 101.5
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1717.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X101.5
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5309
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* Excluded Features
List By
Henry Manning

Listing Agent

Keller Williams Realty-Great Lakes

Broker

(469) 271-8117

Phone

Affordability Calculator

$1,631
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,434
Monthly Property Taxes
$197
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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2025$229,900 -0.04% Price Down
10/3/2025$229,999 Listed Price

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5309 Lakeview Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $229,900 with 1,717 sqft and a lot size of 0.09. 5309 Lakeview Street is a studio with 2.0 baths and was built in 1931. The property's zip code is 48213 which is in Detroit, MI

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