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Russ Ravary
REALTOR®
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5827 Lumley Street, Detroit, MI 48210

$199,000.00
  • 5827 Lumley Street, Detroit, MI 48210 Main Photo

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Active
BEDS6 BATHS3 full 1 partial SQUARE FEET1,848 MLS#20261009550
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONDendels Sub SCHOOLDetroit

Property Description

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 Features

Property Type: Residential - Single Family
Basement: Finished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.07 Acres
Year Built: 1924

Feature Descriptions

Architecture: Colonial
Days on Site: 14
Exterior: Vinyl
Foundation: Basement
Frontage Feet: 20
Garage/Parking: Alley Access, Covered, Drive Through
Lot Dimensions: 0.07 Acre(s)
Lower Level Finished Sqft: 1056
Parking Notes: Alley Access, Covered, Drive Through
Road Frontage: Paved
Summer Tax: $1633.0000
Winter Tax: $1633.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: R2M Realty
Agency Phone: (248) 688-7838

Shown By

Agent Name: Russ Ravary
Agent Phone: (248) 310-6239

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Estimate Your Payment

Estimated Payment

$ 893.31 per month $835.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:01:09 AM EST) or RealComp MLS (last updated Tue 03/03/2026 12:00:35 AM EST). Real estate listings held by brokerage firms other than Russ Ravary may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agency License Information: Licensed Michigan Realtor


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