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$800,000

Untitled Listing

Detroit, Michigan 48224

Chandler Park-Chalmers Neighborhood

32 Baths

32934 Sq FT

$24.29 Price per Sq Ft

Highlights

ParkingLot

About This Home

32 unit apartment building with strong value add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!

Listing Agent

Jiryes Jarrous

Century 21 Curran & Oberski

Listed on : April 22, 2026

Activity

Days on Market:

17

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $48,403

Year Built

  • Built in 1958

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 230X143

Parking

  • ParkingLot

Home Design

Interior Spaces

  • 32,934 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 32 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48224

Utilities

  • HotWater, NaturalGas
  • 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.

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About Chandler Park-Chalmers

Chandler Park-Chalmers Learn More About Chandler Park-Chalmers
Own It Realty

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