5378 Vancouver Street
Detroit, MI, 48204 $ 152,000
Bedrooms4 Baths2.0 Sq 2,088 Monthly Estimate*
$ 1,050
for $152,000 with 4 bedrooms and 2 full baths. This 2,088 square foot home was built in 1916 on a lot size of 0.09.
Live in one, rent the other, or rent both! Listed at $153,000, 5378–5382 Vancouver Street is an updated brick duplex with two 2-bedroom units and about 2,088 square feet. Numerous updates, appliances included, and new mechanicals add value and appeal for investors, owner-occupants, and house hackers. At projected rents of $1,250 per unit, this property offers $2,500 in monthly gross rental potential ($30,000 annually) and an estimated 12.1% pro forma cap rate. Rent both units to grow your portfolio, or occupy one while the other's rental income helps offset your housing costs. Located in Detroit’s west-side Tireman area with convenient access to New Center, Henry Ford Hospital, and Downtown’s dining, entertainment, and employment destinations. Updated, available, and ready for your next move. Schedule your showing today! Projected cap rate uses full rental income, reported annual taxes of $2,818, estimated insurance of $1,200, and a 25% allowance for vacancy and other operating costs. Actual results may vary. Buyer to verify all information.
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FeaturesGeneralSewer SewerAtStreet
Heating ForcedAir NaturalGas
Utilities AboveGroundUtilities
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style UpperLowerApartment
Pool Features None
Security Features SmokeDetectors
Construction Materials AluminumSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed SizeLimit
Year Built 1916
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 1400000.0
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 2
Status Active
Directions From I-96 take the Livernois Avenue exit and head north toward W. Chicago. Continue toward Vancouver Street and Northfield Street. The property is located on Vancouver near Northfield.
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 3219.0
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 17561
Expected Active Date 2026-11-02
Legal Description N VANCOUVER 152 SECURITY LAND COS SUB L29 P85 PLATS W C R 16/183 30 X 136.63A
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2088.0
Half Baths 0
Laundry Features GasDryerHookup WasherHookup
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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ExteriorExterior Amenities Balcony
Fencing BackYard Fenced
Water Source WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 30X136.63
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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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,050
- Monthly Property Taxes
- $268
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $255,852
Percent of Sale Price 68%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/1/2026 | $152,000 | | Listed Price |