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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

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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Own It Realty

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