5305 Newport Street Detroit, MI $ 170,000
5305 Newport Street
$ 170,000
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5305 Newport Street

Detroit, MI, 48213
$ 170,000
Baths2.0 Sq 1,716

Monthly Estimate*

$ 1,047

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Studio

Multi-Family Home for sale in Detroit, MI

for $170,000 with 2 full baths. This 1,716 square foot home was built in 1929 on a lot size of 0.11.

Turnkey multifamily opportunity in Detroit’s rapidly evolving Chandler Park neighborhood positioned just minutes from one of the city’s largest and most active green spaces, Chandler Park. Chandler Park is Detroit’s fourth largest park, featuring a public golf course, aquatic center, skate park, walking trails, and expansive green space, driving consistent neighborhood demand. A newly opened, state-of-the-art domed sports complex offers year-round recreation, fitness programming, and community events, filling a major amenity gap on Detroit’s east side. With over $20M+ already invested into park and community improvements and additional projects in the pipeline, Chandler Park is emerging as a key east-side anchor for recreation, housing, and neighborhood revitalization. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586

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Multi-Family Active

Price

$ 170,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,946

Style

Bungalow

Lot Size

0.11

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261015683

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CeilingFans WindowUnits
Possession Negotiable
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1929
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 10970.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WERNERS PARK SUB
Garage Y/N Y
Full Baths 2
Status Active
Directions Head East onto Warren to Newport. Head North on Newport. Home is on the left.
City DetroitCity_Wayne
Disclosures ProjectedIncome 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 1
Land Lease Y/N N
Tax Annual Amount 1946.0
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 MultipleOccupantTypes
Tax Assessed Value 22888
Expected Active Date 2026-03-17
Legal Description W NEWPORT 52 AND E 9 FT OF VAC ALLLEY ADJ WERNERS PARK SUB L43 P1 PLATS W C R 21/621 40 X 116
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1716.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Fencing Fenced
Parking Features Garage
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 40X116
Lot Size Acres 0.11
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 5305
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* Excluded Features
List By
Michael Gerisch

Listing Agent

Kw Professionals

Broker

(734) 709-3339

Phone

Affordability Calculator

$1,209
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$162
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
Pricing History
DatePricePrice ChangeDescription
3/17/2026$170,000 Listed Price

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5305 Newport Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $170,000 with 1,716 sqft and a lot size of 0.11. 5305 Newport Street is a studio with 2.0 baths and was built in 1929. The property's zip code is 48213 which is in Detroit, MI