Mike Smith
BEDS4
BATHS2 full
SQUARE FEET1,368
MLS#20261013940
STATUSPending
PROPERTY TYPEResidential - Single Family
SUBDIVISIONAddition To Dailey Park
SCHOOLDetroit
Property Description
Excellent opportunity to acquire a fully remodeled, income-producing ready property in the 48204 area of Detroit. This two-story home has been renovated throughout, minimizing immediate capital expenditures and offering strong rental potential. The property features 4 bedrooms and 2 full bathrooms, a modern open-concept kitchen, updated mechanicals and finishes, and a 1-car garage. The functional layout and size make it attractive for both long-term tenants and potential Section 8 opportunities or first time buyers. With Detroit’s continued rental demand and affordable acquisition price points compared to national averages, this property presents a solid addition to any investor’s portfolio. Ideal for: • Buy-and-hold investors • Out-of-state investors seeking turnkey assets • Portfolio expansion in a high-demand rental market Move-in ready and positioned for immediate.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 1
Heating: ENERGY STAR® Qualified Furnace Equipment
Home Style: Traditional
Lot Size: 0.09 Acres
Year Built: 1922
Appliances
Dishwasher
Electric Cooktop
Microwave
Feature Descriptions
Architecture: Traditional
Days on Site: 50
Exterior: Aluminum, Block
Foundation: Basement
Frontage Feet: 3920
Garage/Parking: Detached
Interior: Humidifier
Lot Dimensions: 0.09 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $938.0000
Winter Tax: $1100.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Own It Realty
Agency Phone: (313) 395-0000
Shown By
Agent Name: Mike Smith
Agent Phone: (586) 382-3167
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 823.95 per month $783.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.83 Homeowner's InsuranceChange Payment Information
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5511 Ivanhoe Street | MLS# 20261013940
This single family home located at 5511 Ivanhoe Street, Detroit, MI 48204 is currently listed for sale with an asking price of $140,000. This property was built in 1922 and has 4 bedrooms and 2 full baths with 1368 sq. ft. Ivanhoe Street is located in the Addition To Dailey Park subdivision within the Detroit school district. Search Addition To Dailey Park real estate on mikesmith.ikeyrealty.com today.