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5217 Lakeview Street Detroit, MI $ 184,900
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$ 184,900 Get more info
5217 Lakeview Street
$ 184,900
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5217 Lakeview Street

Detroit, MI, 48213
$ 184,900
Baths2.0 Sq 1,680

Monthly Estimate*

$ 1,154

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Studio

Multi-Family Home for sale in Detroit, MI

for $184,900 with 2 full baths. This 1,680 square foot home was built in 1928 on a lot size of 0.09.

This fully updated duplex near Chandler Park, and only minutes from Grosse Pointe Park, offers an incredible opportunity to grow your portfolio. Both units are occupied with leases that go through October 2026 and provides excellent ROI with a cash flow of $2,400/mo. You will appreciate peace of mind that a new roof and new mechanicals bring. Schedule your private tour today, and please be respectful of the tenants! Tours must provide a valid pre-approval or POF to schedule a tour.

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Multi-Family Active

Price

$ 184,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,661

Style

Bungalow

Lot Size

0.09

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251052160
Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas SeparateMeters
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Bungalow
Pool Features None
Construction Materials Brick VinylSiding
Pets Allowed CatsOk DogsOk
Year Built 1928
Levels OneandOneHalf
Property Subtype MultiFamily
County Wayne
Net Operating Income 26000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name PLAT OF ALFRED F STEINERS PARK SUB
Garage Y/N N
Rent Includes Sewer TrashCollection Water
Full Baths 2
Status Active
Directions Driving E on Warren Ave towards Alter Rd turn L onto Lakeview St.
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 1661.0
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 Tenant
Tax Assessed Value 6775
Expected Active Date 2025-11-06
Legal Description W LAKEVIEW 87 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 1680.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Fencing BackYard Fenced
Parking Features ParkingPad Paved SharedDriveway
Water Source WateratStreet
Total Parking 2.0
Foundation Details Basement Block
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 5217
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* Excluded Features
List By
Andrea Rodriguez

Listing Agent

Good Company

Broker

(248) 787-1239

Phone

Affordability Calculator

$1,292
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,154
Monthly Property Taxes
$138
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
12/3/2025$184,900 -2.63% Price Down
11/19/2025$189,900 -5.00% Price Down
11/6/2025$199,900 Listed Price

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5217 Lakeview Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $184,900 with 1,680 sqft and a lot size of 0.09. 5217 Lakeview Street is a studio with 2.0 baths and was built in 1928. The property's zip code is 48213 which is in Detroit, MI

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