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About This Home

This 4-bedroom, 2-bathroom residential multi family at 5305 Newport Street in Detroit, MI is listed for $150,000 ($87 per sqft). Built in 1929, the home offers 1,716 sqft of living space on a 0.11 acres lot.

Agent Description

Turnkey multifamily opportunity in Detroit's rapidly evolving Chandler Park neighborhood positioned just minutes from one of the city's largest and most active green spaces, Chandler Park. Chandler Park is Detroit's fourth largest park, featuring a public golf course, aquatic center, skate park, walking trails, and expansive green space, driving consistent neighborhood demand.

A newly opened, state-of-the-art domed sports complex offers year-round recreation, fitness programming, and community events, filling a major amenity gap on Detroit's east side. With over $20M+ already invested into park and community improvements and additional projects in the pipeline, Chandler Park is emerging as a key east-side anchor for recreation, housing, and neighborhood revitalization.

Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586

Key Features

  • Built in 1929
  • 0.11 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1929

Amenities

A/C

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

5305 Newport Street

Detroit, MI 48213

Werners Park Sub

Features & Amenities

Exterior Features

Fenced

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Ceiling Fan(s)Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 5305 Newport Street is listed at $150,000 ($87/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: Built in 1929, 0.11 acre lot, 2 stories, 2 parking spaces. Exterior Features: Fenced.

This property is listed by Michael Gerisch and can be reached at (734) 740-8404 or michaelgerisch@kw.com.

MG

Michael Gerisch

Agent at KW Professionals

(734) 740-8404

Listed by KW Professionals · View on Broker Site

MLS# 20261015683· Source: listhub· Updated 76 days ago

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5305 Newport Street, Detroit, MI 48213

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