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$ 420,000
Est. payment | /mo
6 Baths
7,840 Sqft Lot
$ 420,000
Est. payment | /mo
6 Baths
7,840 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251022050
HOA Y/N true
Year Built 1918
Annual Tax Amount $2,045
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 40.00 x 200.00
Source Realcomp
Property Description
Attention investors: This is your chance to own a prime ~5,000 sq ft property near the heart of Detroit! Located steps from Henry Ford Health System and Wayne State University, and only 10 minutes from Downtown Detroit, this property offers a high-demand location with incredible income potential. Fully gutted and partitioned, it's designed for 6 apartments with approved plans for up to 10 units. Framing, plumbing, and electrical have been completed, and partial drywall is already installed—part of the remodel has already been done and it just needs the final touches. Unit layouts include two two-bed, one-bath units and four one-bed, one-bath units, averaging ~650 sq ft each. Situated in a rapidly growing Midtown neighborhood near major employers, universities, and amenities, this property is ready to be transformed into a cash-flowing asset. Don't miss out on this off-market deal—contact us today for details!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction S of Tireman/W of McGraw
Interior
Heating Hot Water
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W14I008108S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Prestige Realty Group, LLC
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Jeffrey Northouse
REALTOR® | Lic# 6501236995