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$605,000

Untitled Listing

Detroit, Michigan 48228

Franklin Park Neighborhood

8984 Sq FT

$67.34 Price per Sq Ft

Highlights

About This Home

Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants. Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow. Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage. Landlord-Paid Water: Simplifies utility management for residents. Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates. This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit’s rental market. *Showings by appointments by only.

Listing Agent

Kestiny Todd

EXP Realty Main

Listed on : September 2, 2025

Activity

Days on Market:

205

Home Details

Home Type

  • CommercialSale

Est. Annual Taxes

  • $15,989

Year Built

  • Built in 1948

Lot Details

  • 0.2 Acre Lot
  • Lot Dimensions are 88x 1000

Parking

Home Design

Interior Spaces

  • 8,984 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48228

Utilities

  • ForcedAir, NaturalGas
  • Water Source: Public
  • Sewer: PublicSewer, SewerAtStreet

About the Showing Agent

Alaysia Means

eXp Realty

313-758-9413

mail IconContact Alaysia

Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. ​Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.

Map

About Franklin Park

Franklin Park Learn More About Franklin Park
eXp Realty

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