5217 Lakeview Street Detroit, MI $ 184,900
5217 Lakeview Street
$ 184,900
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5217 Lakeview Street

Detroit, MI, 48213
$ 184,900
Baths2.0 Sq 1,680

Monthly Estimate*

$ 1,167

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Studio

Multi-Family Home for sale in Detroit, MI

for $184,900 with 2 full baths. This 1,680 square foot home was built in 1928 on a lot size of 0.09.

Attention Investors! Savvy real estate investors understand that long-term appreciation often follows major public and private investment. This recently renovated duplex is ideally situated just steps from the 200-acre Chandler Park, which is home to the 14 Million Chandler Park Fieldhouse, and near the transformative redevelopment of the 52-acre Villages at Parkside community, where Detroit Housing has partnered on a significant neighborhood revitalization project. Extensively updated both inside and out, this turnkey, low-maintenance duplex offers an outstanding opportunity to enter or expand your portfolio in one of Detroit's emerging investment corridors. With the major improvements already completed, you can avoid costly renovations and begin generating rental income immediately while positioning yourself to benefit from the area's continued growth and redevelopment. Whether you're a first-time investor or an experienced landlord, this income-producing property offers strong upside potential in a rapidly evolving market.

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Multi-Family Active

Price

$ 184,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,027

Style

Bungalow

Lot Size

0.09

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61008849

Features
General
Heating Forced Air
Possession At Close
Water Public Water Public Water at Street
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1928
Subdivision Plat Of Alfred F Steiners Park Sub MI
Water Heater Gas
Style Bungalow
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 8943
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 1 1/2 Story
Area Detroit (82001)
Primary City Detroit
Directions Dickerson to Frankfort to Lakeview to address
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA
Legal Description W LAKEVIEW 87 PLAT OF ALFRED F STEINERS PARK SUB L40 P61 PLATS W C R 21/630 40 X 101.5
DOM 1
Postal Code 48213
Price Per Sq Ft Total AG 110.06
Public Remarks
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick
Frontage 40
Lot Size Area 0.09
Lot Dimensions 40X101.5
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Danny Peterson

Listing Agent

Exp Realty Main

Broker

danny.peterson@exprealty.com

Email

Affordability Calculator

$1,336
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,167
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$184,900 Listed Price

Map


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5217 Lakeview Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $184,900 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