Please check your email for your login details.9 Baths
$650,000
7000 Sq FT
$92.86 Price per Sq Ft
Highlights
OnStreet
About This Home
14800 E Vernor Hwy | Value-Add Multifamily β East Detroit / Grosse Pointe Park Border Rare value-add multifamily opportunity on the Vernor corridor, minutes from Grosse Pointe Park. Acquire at a Detroit basis while tapping the rent stability and demand of one of metro Detroit's most established affluent border communities. This 9 -unit brick building, originally built in 1925, anchors a hard corner at Vernor Hwy & Ashland St β strong visibility, high traffic counts, and the durable pre-war masonry construction that's costly to replicate today. The asset is mid-reposition under recent construction financing, giving investors a path to stabilized cash flow without starting cold. Why buyers should move: Detroit acquisition basis with Grosse Pointe Park demand spillover Hard-corner site on a major east-side thoroughfare (MLS Area 05066) units with significant rent upside to market on turnover In-place income today, value-add upside tomorrow FEMA Flood Zone X β outside the high-risk floodplain, lower insurance, cleaner financing Strong access to Mack Ave retail, Alter Rd, and downtown Detroit Detroit's east side is moving, and corridor-fronting multifamily this close to the Pointes doesn't last. Offering memorandum, rent roll, and financials available to qualified buyers on request.
Listing Agent
Daryl B Harris
Black Diamond Realty
Listed on : June 8, 2026
Activity
Days on Market:0
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $22,141
Year Built
- Built in 1925
Lot Details
- 0.07 Acre Lot
- Lot Dimensions are 31.65X100
Parking
- OnStreet
Home Design
Interior Spaces
- 7,000 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 9 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48215
Utilities
- ForcedAir, NaturalGas
- Water Source: Public
- Sewer: PublicSewer
About the Showing Agent
Hassan Scheib
Own It Realty
Contact 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.
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Hassan Scheib