START CASH FLOWING – Two units leased at $1,759 and $960/month with room for rent increases. Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio. Don’t miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.
Property Details
Price:
$380,000
MLS #:
20251021902
Status:
Active
Beds:
0
Baths:
5
Type:
Single Family
Subtype:
Multi Family
Subdivision:
STEPHENS ELM PARK
Neighborhood:
05052det6macki75conner
Listed Date:
Jul 29, 2025
Finished Sq Ft:
4,680
Year Built:
1923
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Heating
Hot Water,   Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Aluminum Siding,   Brick
Financial
Taxes
$7,642
Map
Community
- Address5907 Iroquois Street Detroit MI
 - SubdivisionSTEPHENS ELM PARK
 - CityDetroit
 - CountyWayne
 - Zip Code48213
 
Market Summary
Current real estate data for Single Family in Detroit as of Nov 04, 2025
3,413
Single Family Listed
109
Avg DOM
83
Avg $ / SqFt
$152,658
Avg List Price
Property Summary
- Located in the STEPHENS ELM PARK subdivision, 5907 Iroquois Street Detroit MI is a Single Family for sale in Detroit, MI, 48213.  It is listed for $380,000 and features 0 beds, 5 baths, and has approximately 4,680 square feet of living space, and was originally constructed in 1923. The current price per square foot is $81.  The average price per square foot for Single Family listings in Detroit is $83.  The average listing price for Single Family in Detroit is $152,658.  To schedule a showing of MLS#20251021902 at 5907 Iroquois Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
 
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