Detroit MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1911
- Baths:
- MLS#:
- 70439568
ADDITIONAL INFORMATION
Located on a beautiful tree-lined block in the highly sought-after Woodbridge neighborhood, this 4-unit property is a prime investment opportunity. Each unit features 1 bedroom and 1 bathroom, offering cozy living spaces perfect for tenants looking to be near the heart of Detroit. With its proximity to Wayne State University, Henry Ford Hospital, Detroit Medical Center, and vibrant local restaurants, shops, and parks, this property is a magnet for tenants.Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.Don't miss this chance to own a multi-unit gem in one of Detroit's most thriving neighborhoods!
$200,000
2237 W GRAND Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 3,438
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1915
- Baths:
- 3.00
- MLS#:
- 60344079
- Subdivision:
- NORTON & BEARDSLEYS SUB L12 P46 PLATS
ADDITIONAL INFORMATION
This is a property for a home owner needing space, investor or a business owner needing office space with the foresight to realize the opportunity and value of an area under a 10M renovations across the street. Ideal for a new retail or community service. This property was formerly a transitional home. This property won't last. It is close to the freeway and schools.
$54,900
6185-87 AVERY Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 2,038
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1917
- Baths:
- 2.00
- MLS#:
- 60341900
- Subdivision:
- HAMLIN & FORDYCES SUB (PLATS)
ADDITIONAL INFORMATION
**Investor Special!** Home is conveniently located in the up-and-coming Northwest Goldberg neighborhood, just a short walk to Henry Ford Hospital (investing $2.5 billion in the neighborhood), Motown Museum and highly anticipated ââ?¬â??a $30 million project featuring 76 affordable live/work spaces, creative retail and a restaurant (Michigan and Trumbull Pizza, Metro Grocery with a Yellow Light Coffee and Donuts inside, and a 9,000-square-foot offshoot of Marble Bar called Lincoln Factory just to name a few!).This property presents a fantastic opportunity for seasoned investors or those looking to dive into a renovation project. This home is in need of full rehabilitation and is being sold as-is, offering you the chance to customize and transform it into your vision. Please note that the seller will not be making any repairs, so come prepared to see the potential that lies within. This sale is strictly cash offers only. Donââ?¬â?¢t miss out on this chance to invest in a property with endless possibilities! all information deemed reliable but not guaranteed. Buyer or buyer's agent to verify all information.
$54,900
AVERY Street Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1917
- Baths:
- 2.00
- MLS#:
- 20240070081
- Subdivision:
- HAMLIN & FORDYCES SUB (PLATS)
View additional info
Courtesy: RE/MAX First
586-781-2900
ADDITIONAL INFORMATION
**Investor Special!** Home is conveniently located in the up-and-coming Northwest Goldberg neighborhood, just a short walk to Henry Ford Hospital (investing $2.5 billion in the neighborhood), Motown Museum and highly anticipated â??a $30 million project featuring 76 affordable live/work spaces, creative retail and a restaurant (Michigan and Trumbull Pizza, Metro Grocery with a Yellow Light Coffee and Donuts inside, and a 9,000-square-foot offshoot of Marble Bar called Lincoln Factory just to name a few!).This property presents a fantastic opportunity for seasoned investors or those looking to dive into a renovation project. This home is in need of full rehabilitation and is being sold as-is, offering you the chance to customize and transform it into your vision. Please note that the seller will not be making any repairs, so come prepared to see the potential that lies within. This sale is strictly cash offers only. Don't miss out on this chance to invest in a property with endless possibilities! all information deemed reliable but not guaranteed. Buyer or buyer's agent to verify all information.
$150,000
5721 LINWOOD Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 1,908
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1905
- Baths:
- 2.00
- MLS#:
- 60341402
- Subdivision:
- BOWEN & WERNERS SUB (PLATS)
ADDITIONAL INFORMATION
This beautifully remodeled multi-family home, updated in 2024, offers an excellent opportunity for both homeowners and investors. The lower unit is currently vacant and ready for a new tenant or an owner-occupant, featuring 2 bedrooms, 1 modernized bathroom, a comfortable living room, dining room, and an updated kitchen and bath with new flooring throughout. The upper unit is tenant-occupied and includes 3 bedrooms, 1 renovated bathroom, and an updated kitchen, also with new flooring. Recent improvements to the property include a furnace, water tank, and windows, all approximately 2 years old. This property is move-in ready, providing contemporary updates and comfort in both units.
$510,000
4552 COMMONWEALTH Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 2,680
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 60335368
- Subdivision:
- AVERY & MURPHYS SUB (PLATS)
ADDITIONAL INFORMATION
Rare opportunity to own this well maintained multifamily in the Woodbridge Historic District, near Wayne State University and midtown! This charming multi-dwelling features a 3 bed/2 bath unit, a 2 bed/1 bath unit, & a 1 bed/1 bath unit. The basement has been finished and is being rented as a studio unit. Also, there is an attic that could be finished to add an additional loft unit! The property is nicely landscaped w/ a large front porch, fenced in yard, back deck, and a 2-car garage with copper plumbing throughout. Roof, windows, and central air are approximately 13 years old. Properties like this do not go on the market often! Don't miss the chance to own this money maker!
$685,000
4751 TRUMBULL Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 3,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1898
- Baths:
- 3.00
- MLS#:
- 60331547
- Subdivision:
- AVERY & MURPHYS SUB (PLATS)
ADDITIONAL INFORMATION
4751 Trumbull - Stunning 3-Unit Victorian in Historic Woodbridge-Step into a piece of history with this beautifully updated "Queen Anne" Victorian home, originally built in 1898, located in the highly sought-after Woodbridge Historic Neighborhood. This remarkable 3-unit property blends charm with modern amenities, offering a unique investment opportunity or multi-generational living space.Property Features: Queen Anne-style Victorian, boasting original character with thoughtful updates.Versatile Living Spaces:The 1st and 3rd floors feature spacious 1-bedroom units with lots of light and room for living, while the 2nd floor offers a 2-bedroom unit. Each apartment has their own well equipped kitchens and in unit laundry. Modern Comforts:Each unit is equipped with separate forced air heating and central air conditioning.. Plumbing Upgrades: The plumbing has been comprehensively updated, including a main water line replacement with copper piping and PVC sewer pipes with anti-backflow valves. The main sewer line has been replaced from the backyard addition to the alley. Future Potential:Basement drainage pipes are already installed for a FUTURE 4th APARTMENT, complete with kitchen and bathroom rough-ins.Efficient Utilities:Water pipes have been separated for each floor, allowing for easy monitoring and control from the basement. Energy Efficiency: The home is well-insulated with fiberglass, Rockwool, and blown-in cellulose, complemented by energy-efficient vinyl windows.Outdoor Amenities:Enjoy the beauty of mature Chestnut and Maple trees providing shade and a serene environment. The expansive driveway, replaced in 2022, offers rare off-street parking, with irrigation lines, electrical conduit, and landscaping wiring installed under the new concrete, ready for your personal touch.Smart Home Integration: Nest thermostats.-- SO MUCH MORE>>>
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- 70421424
ADDITIONAL INFORMATION
Welcome to the spectacular Stanton Building. Take advantage of this opportunity to own a piece of Detroit History. This 33 unit apartment building in New Center is located down the street from the new 2.5 Billion Dollar Henry Ford Health System Development. The Stanton boasts 4 full floors of residential units, offering 13 one bedroom units and 20 two bedroom units. The current owners have repaired the masonry work on the exterior of the building, including parapets. The building is in need of rehab to bring it back to its original glory and is simply waiting for the perfect investor who wants to make a great return on investment after completion. This sale includes three additional lots: 2350 Stanton, 6540 W Grand Blvd, and 2368 W Grand. Phase I & II environmental reports have been
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- 70414543
ADDITIONAL INFORMATION
Attention Investors! Here's your next lucrative opportunity: a multi-family home with immense potential. This property features multiple units, 2 bedrooms, 1 full bath, and 1 convenient half bath in upper unit, 2 bedroom and 1 full bath in lower unit, Newer roof! The best part? The heavy lifting has been done for you. The demolition is already complete! Now is your chance to customize and rehab this property to maximize rental income or resale value.
$1,300,000
4114 TRUMBULL Street Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- 6.40
- MLS#:
- 20240040335
- Subdivision:
- HODGES BROS SUB OF OLS 98 -99-102&103 (PLATS)
View additional info
Courtesy: Nika & Co
313-858-6580
ADDITIONAL INFORMATION
4110, 4112, 4114 Trumbull is a 3 unit multifamily building located on the eastern border of Detroit's Woodbridge neighborhood and adjacent to Midtown. It was built in 1900 with various architectural styles as seen from the exterior - Neo-Dutch Colonial Revival & Romanesque. The interior has been completely renovated and restored in 2021 to suit today's modern buyer. Flat panel kitchen cabinets, granite countertops, subway tile, brand new solid oak floors, new wood windows, stainless steel kitchen appliances, updated mechanicals including central air. Newly constructed carport in rear of building with 4 parking spaces. Outside deck in rear of property - shared between units 1 and 2, private deck for unit 3. All 3 units are currently tenant occupied, actual annual income ~$80,000. Transferrable NEZ-Rehab on the property making this a great investment for a non-occupant owner.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- 70412009
ADDITIONAL INFORMATION
Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 70410093
ADDITIONAL INFORMATION
Welcome to this amazing multi-family home in the highly sought-after Core City neighborhood of Detroit, just waiting for your gentrification ideas!! This property offers two units, each with its own entrance, perfect for those looking for an investment property to live in while renting out the other. This property features original hard wood floors, with the kitchens and restrooms being tile. The third floor of the home has additional space that can be finished for living or entertaining.Just a few short minutes away from all Downtown Detroit Festivities. Just North of Corktown!!SELLER IS NOW CONSIDERING LC FINANCING WITH AT LEAST 50% DOWN. CALL LISTING AGENT FOR DETAILS.
$99,000
4463 23RD Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 1,545
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- 60309740
- Subdivision:
- GROSFIELD & SCANLONS SUB OF LOT 525 (PLATS)
ADDITIONAL INFORMATION
Investor special listed in Detroit's up & coming CORE CITY. This multi family home features a upper & lower level which includes: 2 bedrooms, a living room, kitchen, dining room, & bath. Close to train station, restaurants, & newer developments. *** The vacant lot at 4469 is also included. As-is sale. Buyer to assume all repairs & inspections.
$650,000
MCGRAW Street Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.38 Acres
- Year built:
- 1920
- Baths:
- 27.00
- MLS#:
- 20240020791
- Subdivision:
- BELA HUBBARDS SUB L5 P46 PLATS
View additional info
Courtesy: Re/Max Connection
248-505-2509
ADDITIONAL INFORMATION
AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR. Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)
$650,000
3931-51 MCGRAW Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 24,255
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.38 Acres
- Year built:
- 1920
- Baths:
- 27.00
- MLS#:
- 60297598
- Subdivision:
- BELA HUBBARDS SUB L5 P46 PLATS
ADDITIONAL INFORMATION
AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR. Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)
$695,000
1740 W GRAND Detroit, MI 48208
- Type:
- Multi-Family
- Sq.Ft.:
- 39,160
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Year built:
- 1951
- Baths:
- 65.00
- MLS#:
- 60297597
- Subdivision:
- SCOVELS (PLATS)
ADDITIONAL INFORMATION
65 Unit apartment. Needs full rehab. Parking in rear. Income and expenses are estimated. 20 Studios @ $800= $16,000 45 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and 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. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.
Detroit Real Estate
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48208 has a population of 645,658. Detroit 48208 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48208 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48208 is 35 years.
Detroit Weather
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.