$199,000
5827 Lumley Street
Detroit, MI, 48210
Excellent investment opportunity in the heart of Detroit. This well-maintained 3-unit multifamily property is a strong cash-producing asset with immediate income in place.Two of the three units are currently rented, generating a combined $2,250 in monthly income, while the third vacant unit offers additional upside with an estimated rental potential of $1,000 per month. All units have been well cared for, and the property has a solid rental history.Features include long-term, reliable tenants who are up to date on rent, making this an ideal turnkey investment for both new and seasoned investors. The building has been consistently maintained and presents minimal deferred maintenance.Perfect for investors seeking steady cash flow, value-add potential, and a quick closing opportunity.Do not miss this income-generating multifamily property.
Property Details
Price:
$199,000
MLS #:
20261009550
Status:
Active
Beds:
6
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Feb 16, 2026
Finished Sq Ft:
2,904
Total Sq Ft:
1,848
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1924
Schools
School District:
Detroit
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air
Interior Features
Basement Finished
Exterior
Construction Materials
Vinyl Siding
Stories
3
Financial
Taxes
$3,266
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of May 02, 2026
3,622
Single Family Listed
144
Avg DOM
84
Avg $ / SqFt
$151,661
Avg List Price
Community
- Address5827 Lumley Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48210
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
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- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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Property Summary
- 5827 Lumley Street Detroit MI is a Single Family for sale in Detroit, MI, 48210. It is listed for $199,000 and features 6 beds, 4 baths, and has approximately 2,904 square feet of living space, and was originally constructed in 1924. The current price per square foot is $69. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,661.
5827 Lumley Street
Detroit, MI