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5511 Ivanhoe Street Detroit, MI $ 140,000
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$ 140,000 Get more info
5511 Ivanhoe Street
$ 140,000
Back to search
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5511 Ivanhoe Street

Detroit, MI, 48204
$ 140,000
Bedrooms4 Baths2.0 Sq 1,368

Monthly Estimate*

$ 862

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Single Family Home for sale in Detroit, MI

for $140,000 with 4 bedrooms and 2 full baths. This 1,368 square foot home was built in 1922 on a lot size of 0.09.

Excellent opportunity to acquire a fully remodeled, income-producing ready property in the 48204 area of Detroit. This two-story home has been renovated throughout, minimizing immediate capital expenditures and offering strong rental potential. The property features 4 bedrooms and 2 full bathrooms, a modern open-concept kitchen, updated mechanicals and finishes, and a 1-car garage. The functional layout and size make it attractive for both long-term tenants and potential Section 8 opportunities or first time buyers. With Detroit’s continued rental demand and affordable acquisition price points compared to national averages, this property presents a solid addition to any investor’s portfolio. Ideal for: • Buy-and-hold investors • Out-of-state investors seeking turnkey assets • Portfolio expansion in a high-demand rental market Move-in ready and positioned for immediate.

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Single Family Pending

Price

$ 140,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,038

Style

Traditional

Lot Size

0.09

Year Built

1922

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261013940
Features
General
Sewer PublicSewer
Heating ENERGYSTARQualifiedFurnaceEquipment NaturalGas
Possession AtClose
Appliances Dishwasher ElectricCooktop Humidifier Microwave
Garage Spaces 1.0
Architectural Style Traditional
Pool Features None
Construction Materials AluminumSiding Block
Exclusions Exclusion(s) Do Not Exist
Year Built 1922
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name ADDITION TO DAILEY PARK
Garage Y/N Y
Total Rooms 4
Full Baths 2
Status Pending
Directions 5511 Ivanhoe St.Detroit.Mi.48204
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2038.0
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 Pending
Occupancy Type Vacant
Tax Assessed Value 9200
Expected Active Date 2026-03-04
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S IVANHOE 410 ADDITION TO DAILEY PK L31 P49 PLATS W C R 16/186 34 X 120
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 1368.0
Half Baths 0
Total Bedrooms 4
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features OneCarGarage Detached
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 34X120
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 5511
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* Excluded Features
List By
Nataly Pinilla

Listing Agent

Own It Realty

Broker

(786) 675-7021

Phone

Affordability Calculator

$1,032
Per Month
84%
16%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/4/2026$140,000 Listed Price

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5511 Ivanhoe Street, Detroit, MI, 48204 is a Single Family Home for sale at $140,000 with 1,368 sqft and a lot size of 0.09. 5511 Ivanhoe Street has 4 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 48204 which is in Detroit, MI

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