$1,650,000

Untitled Listing

Detroit, Michigan 48203

Palmer Park Neighborhood

66 Baths

51000 Sq FT

$32.35 Price per Sq Ft

Highlights

About This Home

A rare Detroit value-add apartment offering at 725 Whitmore, Detroit, MI 48203: a solid brick building with 66 units and the scale buy-and-hold investors look for when they want meaningful income potential and operational leverage. With the right rehab plan, this property is positioned to gross over $75,000 per month in rent, giving you room to build a durable cash-flowing asset at a basis that reflects the work still needed. The building totals 72 bedrooms and 66 bathrooms across approximately 48,000 sq ft, with a unit mix designed to serve broad rental demand: 48 one-bedroom units, 12 two-bedroom units, and 6 studios. Much of the heavy lifting has already started in key areas, including many newer egress windows and the replacement of many plumbing stacks, improvements that can help streamline the path from renovation to stabilized performance. The structure is there, the footprint is there, and the upside is there, this is a straightforward opportunity for an investor ready to bring a large building back to life. Set on a 22,000 sq ft lot, the property provides ample site area to support a full-scale repositioning effort and long-term operation. The brick construction speaks to longevity, and the combination of updated components already completed plus remaining interior work creates a clear value-add narrative: you are buying it at a price that reflects the condition, then capturing the spread as units are improved and income rises. Request details and schedule a showing to evaluate the unit mix, existing improvements, and the path to unlocking this 66-unit Detroit apartment’s rent potential.

Listing Agent

Rashad Elabed

JNA Real Estate

Listed on : April 28, 2026

Activity

Days on Market:

Home Details

Home Type

ResidentialIncome

Est. Annual Taxes

$22,007

Year Built

Built in 1926

Lot Details

0.5 Acre Lot
Lot Dimensions are 140x160

Parking

Home Design

Interior Spaces

51,000 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

66 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48203

Utilities

Baseboard, Electric, ForcedAir, NaturalGas
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Alaysia Means

eXp Realty

313-758-9413

Contact 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.

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