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$1,900,000

Untitled Listing

Detroit, Michigan 48227

Bethune Community Neighborhood

48 Baths

25970 Sq FT

$73.16 Price per Sq Ft

Highlights

About This Home

Stacey Ann is a 48-unit multifamily property located in Northwest Detroit, offering stable cash flow with significant room for operational and rent growth. Built in 1965 and renovated in 2021, the property is currently 81% occupied, providing a clear path to increase NOI through lease-up, rent repositioning, and reduced management expenses. This property is part of the Detroit 2 Portfolio (83 total units), which is currently 87%+ occupied and generating $686,000+ in annual income, offering investors a proven cash-flowing operation with meaningful upside in a supply-constrained rental market.

Listing Agent

Michael McClafferty

OakPointe Real Estate Advisors

Listed on : November 21, 2025

Activity

Days on Market:

124

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $32,952

Year Built

  • Built in 1965

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 300X102.2

Parking

Home Design

Interior Spaces

  • 25,970 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 48 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48227

Utilities

  • Baseboard, NaturalGas, Radiant
  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

Map

About Bethune Community

Bethune Community Learn More About Bethune Community
Own It Realty

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