5378 Vancouver Street
Detroit, MI, 48204 $ 152,000
Bedrooms-- Baths2.0 Sq 2,088 Monthly Estimate*
$ 1,050
for $152,000 with 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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FeaturesGeneralHeating Forced Air
Possession At Close
Water Public Water at Street
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1916
Water Heater Gas
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 1400000
Ownership Private
Municipality Detroit
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
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 Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description N VANCOUVER 152 SECURITY LAND COS SUB L29 P85 PLATS W C R 16/183 30 X 136.63A
DOM 7
Postal Code 48204
Price Per Sq Ft Total AG 72.8
Public Remarks 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
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InteriorBasement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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ExteriorExterior Aluminum
Exterior Amenities Fenced Yard Porch Exterior Balcony
Frontage 30
Lot Size Area 0.09
Lot Dimensions 30X136.63
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList Byecooktherealtor@gmail.comEmail
Affordability 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.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/1/2026 | $152,000 | | Listed Price |