$160,000

5217 Lakeview Street, Detroit, MI 48213

  • 4 beds |
  • 2 baths |
  • 1,680 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $95/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 3:43PM
Listing Office:
EXP Realty LLC : 2696004397
Listing Agent:
Lisa Wild : 5868793362
MLS ID:
58050200431
  • Heating: Forced airNatural gasSeparate meters
  • General: TwoBasement
  • Originating MLS: MiRealSource
  • School District: Detroit
  • County: Wayne
  • Zoning: W LAKEVIEW 87 PLAT OF ALFRE D F STEINERS PARK SUB L40 P61 PLATSW C R 21/630 4021052495
  • Water: Public
  • Sewer: Public sewer
  • Source: MiRealSource

This listing courtesy of Lisa Wild , EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hamilton Elementary-Middle School

14223 Southampton St, Detroit, MI, 48213

Grades PK-8

0.22 miles away

H

Hamilton Elementary-Middle School

14223 Southampton St, Detroit, MI, 48213

Grades PK-8

0.22 miles away

S

Southeastern High School

3030 Fairview St, Detroit, MI, 48214

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.