$150,000

5031 LAFONTAINE Street, Detroit City Wayne Michigan, 48236

Price per sqft$129.76

Built in1920

Property size1,156 sqft

Property typeMulti-family

Overview

Active

Listed Aug 26, 2026

Updated 4 weeks ago

Excellent opportunity to own a 3-unit multifamily property with vacant units ready for new tenants, giving the next owner flexibility to set rents and choose their own tenants. Major improvements include all-new plumbing, updated electrical, a new sewer line to the road, plus a newer furnace and central A/C. With many of the big-ticket improvements already completed and the ability to get the units producing income, this property offers strong potential for an investor looking to add to their portfolio.

$998/mo

Est. mortgage payment based on a $150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS^® ID: 20261066700

Interior Features

Bathrooms: 3
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.12 Acres

Other Property Details

Taxes: $1,002
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of Keller Williams Realty-Great Lakes

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Maxbroock Detroit Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively 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.

Data last updated 6:32 AM UTC, 9/10/2026

$150,000

Overview

$998/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Additional information

Interior Features

Exterior Features

Other Property Details