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$140,000

5511 Ivanhoe Street – 48204

Detroit, Michigan 48204

Midwest Neighborhood

4 Beds

2 Baths

1368 Sq FT

$102.34 Price per Sq Ft

Highlights

DishwasherElectricCooktopHumidifierMicrowaveOneCarGarageDetached

About This Home

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.

Listing Agent

Nataly Pinilla

Own It Realty

Listed on : March 4, 2026

Activity

Days on Market:

68

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1922

Lot Details

  • 0.09 Acre Lot
  • Lot Dimensions are 34X120

Parking

  • OneCarGarage
  • Detached

Home Design

Interior Spaces

  • 1,368 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48204

Utilities

  • ENERGYSTARQualifiedFurnaceEquipment, NaturalGas
  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Alaysia Means

eXp Realty

313-758-9413

mail IconContact Alaysia

Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. ​Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.

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eXp Realty

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