For Sale
5217 Lakeview Street, Detroit, MI 48213
$184,900
MLS # 20261051445 (Realcomp)
4 beds2 baths1,780 sqftBuilt 19280.09 acres
1 / 24
Listing Description
Has housing affordability become a challenge for you? Consider a smart house-hacking opportunity that can significantly reduce your monthly living expenses while building long-term wealth. Live in the lower unit and offset your housing costs by collecting approximately $1,150 per month in rental income from the upper unit. In addition to lowering your out-of-pocket expenses, you'll enjoy the potential tax advantages that come with owning an income-producing property. Best of all, this fully remodeled duplex provides the confidence and peace of mind that comes with owning a move-in-ready, low-maintenance investment.
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,780 sq ft home in Chandler Park in Detroit built in 1928.
Asking $184,900 (about $104/sq ft).
Property tax estimate: $1,098 per year ($92/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,780 sqft
Lot Size0.09 acres
Year Built1928
Stories2
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/6/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$678
Tax Year2025
State Equalized Value$17,100
Assessed Value$17,100
Parcel #21052495.
Source: Public Records
Legal Description
W LAKEVIEW 87 PLAT OF ALFRED F STEINERS PARK SUB L40 P61 PLATS, W C R 21/630 40 X 101.5
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Danny Peterson
EXP Realty Main
Frequently Asked Questions about 5217 Lakeview Street, Detroit, MI 48213
What school district is 5217 Lakeview Street, Detroit, MI 48213 in?
Per MLS# 20261051445, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5217 Lakeview Street, Detroit, MI 48213?
Per MLS# 20261051445, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261051445, the most recent reported annual property tax for 5217 Lakeview Street, Detroit, MI 48213 is $2,027. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5217 Lakeview Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5217 Lakeview Street, Detroit, MI 48213 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
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Annual tax$1,098
Monthly$92
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$1,291
Principal & interest$1,199
Property taxes$92
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5217 Lakeview Street, Detroit, MI 48213
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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