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5217 Lakeview

Detroit, MI 48213
  • $180,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 50203837
UPDATED: 57 min ago
$180,000
  • 4
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,680
    SQFT
  • $107
    $/SQFT
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

School District:

Description

Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals, hot water tanks. Each unit has new appliances included in the sale. Tenant rents are @ $1,150 per month upper and lower was rented for $1,200 and is currently available. Current rents give this property a CAP Rate of 14%!! Great location on the East side bordering Grosse Pointe and near St. John's Hospital and I94 expressway, located one block off Warren Ave. Tenants have access to the basement with laundry area. All conveniences within a couple of miles and will accommodate any tenant. This is property makes an incredible investment and would also be perfect for an owner occupant with tenant. Open to all financing, schedule your viewing today. Possible tenant application in place.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-11T10:50:32.063.
www.sellsmi.com/homes/175006854
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5217 Lakeview Detroit, MI 48213

  • Price: $180,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 57 min ago
  • MLS #: 50203837
4
Beds
2
Baths
0
½ Baths
0.09
Acres
1,680
SQFT
$107
$/SQFT
1928
Built
Neighborhood:
Plat Of Alfred F Steiners Park Sub
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals, hot water tanks. Each unit has new appliances included in the sale. Tenant rents are @ $1,150 per month upper and lower was rented for $1,200 and is currently available. Current rents give this property a CAP Rate of 14%!! Great location on the East side bordering Grosse Pointe and near St. John's Hospital and I94 expressway, located one block off Warren Ave. Tenants have access to the basement with laundry area. All conveniences within a couple of miles and will accommodate any tenant. This is property makes an incredible investment and would also be perfect for an owner occupant with tenant. Open to all financing, schedule your viewing today. Possible tenant application in place.
Exterior Features

Foundation Type Basement Lot Size 3920 Structure Style 2 Story Waterfront YN No

Interior Features

Basement YN Yes Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Additional Documents YN No Assessments YN No Financial Terms AuctionCashConventionalFHA For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Ownership LLC Principal Res Exempt YN No Property Type Multi-Family Separate Electric YN Yes Separate Gas YN Yes Separate Heat YN Yes Separate Water YN No Sewer Septic Public Sanitary Sq Ft Source Assessors Data Subject To Short Sale Approval No Summer Tax Amount 1756 Summer Tax Year 2025 Total Tax Amount 2657 Water Public Water Winter Tax Amount 901 Winter Tax Year 2025

Listing courtesy of EXP Realty LLC : 269-600-4397.

Source MLS: MiRealSource
Originating MLS: MiRealSource

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-11T10:50:32.063.
 
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Mundy Twp MI, 48507