MLS # 20261024068 (Realcomp)

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
Source: SparkMLS
This 4-bedroom, 2-bath, 1,716 sq ft home built in 1929 sits in Chandler Park in Detroit.
Listed at $150,000 (about $87/sq ft).
Estimated annual property tax: $1,425, or about $119 monthly. 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.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
W NEWPORT 52 AND E 9 FT OF VAC ALLLEY ADJ WERNERS PARK SUB L43 P1 PLATS, W C R 21/621 40 X 116
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael Gerisch
KW Professionals
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5305 Newport 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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