5319 ivanhoe, detroit, MI 48204

Attention investors and contractors! This 4-unit property at 5319 Ivanhoe St, Detroit offers a strong value-add opportunity with major improvements already started. The property is currently mid-renovation, giving the next owner the chance to step in and complete the project while building significant equity. Three of the units have been taken down to the studs, providing a blank canvas for a full renovation. One unit is approximately 70% complete, allowing the next owner to potentially finish and stabilize the property sooner while completing the remaining units. Key updates have already been completed, including a new roof, new water tank, and new furnace, helping reduce major upfront costs and giving investors a head start on the rehab process. This property presents multiple investment strategies, finish the renovations and create a cash-flowing multifamily rental, add it to a long-term portfolio, or complete the project for resale. With strong rental demand in Detroit and the abil

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Matthew Pierce of LPT Realty, LLC

This listing last updated: Wed, March 25, 2026 at 11:39:56 AM EDT

MIRealSource Listing Data Last Updated On Friday, April 3 2026 at 6:15am