Antoinette Bressler - Arterra Realty Logo
$39,900
 $214 est/mo Sourced by Back At You

5406 Ivanhoe Street,Detroit, MI 48204

Detroit, MI 48204

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Description

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 purchase and development financing.

Details

MLS #60960319
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1923
Days On Site243
Listing Provided ByBellabay Realty Tri Counties | Natasha Richards

Features

Bath(s) 4 Total
SQ Feet3,700
BasementY
Story(s)2
Units4
ZoningResidential
Acreage0.12
Water FrontYes

Interior

Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsBrick
Foundation DetailsBasement

Other

List AorReal Comp

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48204
AreaDetroit (82001)
Community NameSecurity Land Cos
Listing VS Median (in Security Land Cos)
Price:
$39,900
low | high
Med:
$112,450
100% of Average
sqft:
3,700
low | high
Med:
1,984
96.378378378378% of Average
$ / sqft:
$11
low | high
Med:
$57
100% of Average
On site:
243
low | high
Med:
54.5
100% of Average
Sourced by Back At You

Market Activity 48204

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Learn More About This Property

Antoinette Bressler

Antoinette Bressler

Arterra

 (586) 441-0896antoinette@arterraluxe.com
StateMI
CountyWayne
CityDetroit
Zip Code48204
AreaDetroit (82001)
Community NameSecurity Land Cos
Listing VS Median (in Security Land Cos)
Price:
$39,900
low | high
Med:
$112,450
100% of Average
sqft:
3,700
low | high
Med:
1,984
96.378378378378% of Average
$ / sqft:
$11
low | high
Med:
$57
100% of Average
On site:
243
low | high
Med:
54.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $29K - $49K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
5319 Ivanhoe Street Property Photo 1
$335,000
5319 Ivanhoe Street
Detroit, MI 48204
5319 Ivanhoe Street Property Photo 1
$335,000
5319 Ivanhoe Street
Detroit, MI 48204
Listing Updated: July 10, 2026 at 1:27:04 PM PDT