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5406 Ivanhoe Street

Detroit, Michigan 48204
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Bed 8

Bed

Bath 4

Bath

SqFt3,700

Sqft

Acres0.12

Acre(Lot)

Great income opportunity to include vacant lot, 5405 Spokane. Great location close to Livernois stretch, shopping, schools, major freeways and more! Home and lot will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchas e and development financing.

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Detail Ic Property Details

Property Type : Multifamily

Price : $39,900

AD Id : 71462511

MLS Id : 20251060363

Beds : 8

Lot Size : 0.12 Acre

Living Area Size : 3,700

Year Built : 1923

County : Wayne

Subdivision: Security Land Cos

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Feature Features

  • Bathroom Information

    Total Baths: 4 Full Baths: 4
  • Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1923 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Basement Architecture: Colonial,Common Entry Building
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.12 Lot Dimensions: 42.5X120 Frontage Feet: 42
  • Property Information

    SQ ft: 3700 Subdivision: Security Land Cos Financing: Cash

  • Listing Price Information

    Original List Price: $39,900
  • Listing Information

    Possession: At Close Legal Description: N IVANHOE 184 SECURITY LAND COS SUB L29 P85 PLATS, W C R 16/183 42.50 X 120

  • Tax Information

    Annual Tax: $0 Parcel Number: W16I002988S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: N IVANHOE 184 SECURITY LAND COS SUB L29 P85 PLATS, W C R 16/183 42.50 X 120

  • Unit 2 Information

    # of Bedrooms: 4

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9359 Broadstreet Avenue , Detroit, MI, 48204 $16,000 8 4 5,198 5,198 SqFt
4274 Cortland Street , Detroit, MI, 48204 $55,000 4 2 2,324 2,324 SqFt
4824 Cortland Street , Detroit, MI, 48204 $15,000 6 2 2,406 2,406 SqFt
10011 Belleterre Street , Detroit, MI, 48204 $20,000 4 4.5 3,200 3,200 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/17/2026 @ 22:05

MLS: 20251060363 LISTED BY: Natasha C Richards , Bellabay Realty Tri Counties 248-274-6614 SOURCE: Realcomp II Ltd

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