5827 Lumley Street
Detroit, Michigan 48210
6
Bed
3.5
Bath
1,848Sqft
0.07Acre(Lot)
Excellent investment opportunity in the heart of Detroit. This well-maintained 3-unit multifamily property is a strong cash-producing asset with immediate income in place. Two of the three units are currently rented, generating a combined $2,250 in monthly income, while the third vacant unit offers additional upside with an estimated rental potential of $1,000 per month. All units have been well cared for, and the property has a solid rental history. Features include long-term, reliable tenants who are up to date on rent, making this an ideal turnkey investment for both new and seasoned investors. The building has been consistently maintained and presents minimal deferred maintenance. Perfect for investors seeking steady cash flow, value-add potential, and a quick closing opportunity. Do n
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 3.5 Full Baths: 3 Half Baths: 1 -
Room Information
Total Rooms: 10Interior Features
Basement Description: Finished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1924 Building Stories: 3 Story Foundation/Basement: Basement Architecture: Colonial -
Exterior Features
Construction: Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.07 Lot Dimensions: 30X100 Frontage Feet: 20 -
Property Information
SQ ft: 1848 Subdivision: Dendels Sub Financing: Cash,Conventional
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Listing Price Information
Original List Price: $199,000 -
Listing Information
Possession: At Close Legal Description: W LUMLEY 40 DENDELS SUB L47 P79 PLATS, W C R 20/440 30 X 100
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Tax Information
Annual Tax: $3,266 Parcel Number: W20I008643S -
Possession
At Close -
Legal Information
Legal Description: Section: W LUMLEY 40 DENDELS SUB L47 P79 PLATS, W C R 20/440 30 X 100
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Parking Information
Garage Size: No Garage Garage Description: Alley Access,Covered,Drive Through -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7373 Wheeler Street , Detroit, MI, 48210 | $40,000 | 3 | 1 | 1,152 | 1,152 SqFt |
| 7170 Edward Street , Detroit, MI, 48210 | $149,900 | 3 | 1.5 | 1,056 | 1,056 SqFt |
| 4621 Junction Street , Detroit, MI, 48210 | $190,000 | 5 | 2 | 1,694 | 1,694 SqFt |
| 5644 Hartford Street , Detroit, MI, 48210 | $88,000 | 4 | 1 | 769 | 769 SqFt |
| 6534 E Firwood Street , Detroit, MI, 48210 | $64,900 | 3 | 1 | 1,144 | 1,144 SqFt |
| 6120 Ironwood Street , Detroit, MI, 48210 | $98,000 | 3 | 1 | 1,188 | 1,188 SqFt |
| 6022 Hazlett Street , Detroit, MI, 48210 | $240,000 | 4 | 2 | 2,200 | 2,200 SqFt |
| 7154 Waldo Street , Detroit, MI, 48210 | $77,000 | 2 | 1 | 1,312 | 1,312 SqFt |
| 7338 Waldo Street , Detroit, MI, 48210 | $150,000 | 4 | 1 | 1,709 | 1,709 SqFt |
| 4380 Freer Street , Detroit, MI, 48210 | $132,000 | 4 | 1 | 945 | 945 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 05:41
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