$725,000

Untitled Listing

Detroit, Michigan 48238

Davison-Schoolcraft Neighborhood

8 Baths

5832 Sq FT

$124.31 Price per Sq Ft

Highlights

About This Home

Current seller has owned and managed property for last 20 years. Turnkey 8-unit investment opportunity in Detroit’s desirable Davison–Schoolcraft neighborhood! This well-maintained multifamily property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one. Ideally located just off Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential. Whether you're expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to verify all info. Basement sq ft is estimated based off total sq ft. Some of the mls information is based on another address as theirs was no PRD for subject address.

Listing Agent

James T Silver

Keller Williams Somerset

Listed on : April 16, 2026

Activity

Days on Market:

Home Details

Home Type

ResidentialIncome

Est. Annual Taxes

$18,932

Year Built

Built in 1927

Lot Details

0.28 Acre Lot
Lot Dimensions are 122x100

Parking

Home Design

Interior Spaces

5,832 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

8 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48238

Utilities

ForcedAir, NaturalGas
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

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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