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.
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:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
DENDELS SUB
Neighborhood:
05101detsouthofgrandriver
Listed Date:
Feb 16, 2026
Finished Sq Ft:
2,904
Year Built:
1924
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Colonial
Construction Materials
Vinyl Siding
Parking Features
AlleyAccess, Covered, DriveThrough, NoGarage
Financial
Taxes
$3,266
Map
Community
- Address5827 Lumley Street Detroit MI
- SubdivisionDENDELS SUB
- CityDetroit
- CountyWayne
- Zip Code48210
Market Summary
Current real estate data for Single Family in Detroit as of Mar 03, 2026
2,862
Single Family Listed
123
Avg DOM
82
Avg $ / SqFt
$149,966
Avg List Price
Property Summary
- Located in the DENDELS SUB subdivision, 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 $82. The average listing price for Single Family in Detroit is $149,966. To schedule a showing of MLS#20261009550 at 5827 Lumley Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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