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5217 Lakeview Street Detroit, MI $ 180,000
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$ 180,000 Get more info
5217 Lakeview Street
$ 180,000
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5217 Lakeview Street

Detroit, MI, 48213
$ 180,000
Baths2.0 Sq 1,680

Monthly Estimate*

$ 1,108

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Studio

Multi-Family Home for sale in Detroit, MI

for $180,000 with 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.

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Multi-Family Active

Price

$ 180,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,657

Style

MultiFamily

Lot Size

0.09

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

58050203837
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Possession AtClose
Garage Spaces 0.0
Year Built 1928
Levels Two
Property Subtype MultiFamily
County Wayne
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
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2657.0
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
Ownership Type LLC
Legal Description W LAKEVIEW 87 PLAT OF ALFRE D F STEINERS PARK SUB L40 P61 PLATS W C R 21/630 40
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Exterior
Water Source Public
Foundation Details Basement
Spa N
Lot Dimensions 3920
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1680.0
Total Bedrooms 4
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Internal Only
Street Number 1 5217
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* Excluded Features
List By
Lisa Wild

Listing Agent

Exp Realty Llc

Broker

(586) 879-3362

Phone

Affordability Calculator

$1,330
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,108
Monthly Property Taxes
$221
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
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 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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