5217 Lakeview Street Detroit, MI ^$ 180,000

5217 Lakeview Street

^$ 180,000

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Recently Listed

5217 Lakeview Street

Detroit, MI, 48213

^$ 180,000

Bedrooms4 Baths2.0 Sq 1,680

Monthly Estimate*

^$ 1,108

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Multi-Family Home for sale in Detroit, MI

for $180,000 with 4 bedrooms and 2 full baths. This 1,680 square foot home was built in 1928 on a lot size of 0.09.

Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals, hot water tanks. Each unit has new appliances included in the sale. Tenant rents are @ $1,150 per month upper and lower was rented for $1,200 and is currently available. Current rents give this property a CAP Rate of 14%!! Great location on the East side bordering Grosse Pointe and near St. John's Hospital and I94 expressway, located one block off Warren Ave. Tenants have access to the basement with laundry area. All conveniences within a couple of miles and will accommodate any tenant. This is property makes an incredible investment and would also be perfect for an owner occupant with tenant. Open to all financing, schedule your viewing today. Possible tenant application in place.

Multi-Family Active

Price

^$ 180,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,657

Style

Lot Size

0.09

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50203837

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1928

Subdivision Plat Of Alfred F Steiners Park Sub MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Ownership LLC

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Auction Cash Conventional FHA

Legal Description W LAKEVIEW 87 PLAT OF ALFRE D F STEINERS PARK SUB L40 P61 PLATS W C R 21/630 40

DOM 0

Postal Code 48213

Price Per Sq Ft Total AG 107.14

Public Remarks Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals hot water tanks. Each unit has new appliances included in the sale. Tenant rents are @ $1

Interior

Beds 4

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Lot Size Area 0.09

Lot Dimensions 3920

Waterfront Y/N No

* Excluded Features

List By

Lisa Wild

Listing Agent

Exp Realty Llc

Broker

lwild@wcskids.net

Affordability Calculator

$1,330

Per Month

Monthly Principal & Interest: $1,108
Monthly Property Taxes: $221
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$256,903

Percent of Sale Price 43%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2026	$180,000		Listed Price

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5217 Lakeview Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $180,000 with 1,680 sqft and a lot size of 0.09. 5217 Lakeview Street has 4 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 48213 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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5217 Lakeview Street

Multi-Family Home for sale in Detroit, MI

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