5305 Newport Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 5305 Newport St, Detroit, MI 48213, USA
Chicago & Midwest + 2-4 Units
Created date: March 17, 2026
Date last updated: September 15, 2026
Price: $125,000Investment Analyzer NEW!

Property 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 Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $125,000
No. of Units: 2
Year Built: 1929
Lot Size: 1,716.00 Sq ft
Opportunity Zone: No
Price per unit: $62,500
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 5305 Newport Street, Detroit, MI 48213, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

425 S Fountain Avenue

Springfield, Ohio
Chicago & Midwest + 2-4 Units
Units: 4
Price: $39,900

1143 Cedarview Drive

Springfield, Ohio
Chicago & Midwest + 2-4 Units
Units: 2
Price: $163,500

304 W Main Street

Manton, Michigan
Chicago & Midwest + 2-4 Units
Units: 3
Price: $275,000

Brokers

View All

Lenders

View All