Detroit Apartment Buildings for Sale

Property Photo 5 photos
5 photos

20555 & 20551 Lahser Road

20555 & 20551 Lahser Road, Detroit, MI 48219

60,606 SFPrice Upon Req.

Multi-Family

Property Tours available May 22, 2013 and May 30, 2014. Viewing times are below. Please contact Listing Broker AJ Beachum (248) 932-0300 for property tour information.B130-120 - Terrace Court Apartments - 10:00AM to 11:00AMAuction.com and Income Property Organization are pleased to present the opportunity to acquire a 72-Unit value-add multifamily apartment complex in Northwest Detroit, Michigan. This property is comprised of 2 Separate buildings on busy Lahser, just South of 8 Mile. The asset consists of 56, 1-Bedroom/Bathroom Units and 16, 2-Bedroom/1-Bathroom Units located in 2, 2-story Garden Style buildings with many property updates over the years. There is a beautiful courtyard with fenced pool for all of the residents. There are 72 separate electric meters for the tenants, with the landlord paying gas and water for the property. Because of desired location at 8 Mile and Lasher, the 1-Bedroom rents are between $500-$525, and the 2-Bedroom rents are between $600-$625, which includes water and heat. Each apartment has baseboard heating through a gas boiler in the basement. There is landlord owned laundry facilities on-site for all residents to use.

Property Photo 5 photos
5 photos

23503 7 Mile Road W

23503 7 Mile Road W, Detroit, MI 48219

27,394 SFPrice Upon Req.

Multi-Family

Property Tours available May 22, 2013 and May 30, 2014. Viewing times are below. Please contact Listing Broker AJ Beachum (248) 932-0300 for property tour information.B130-118 - Park Plaza Court Apartments - 1:00PM to 2:00PMAuction.com and Income Property Organization are pleased to present the opportunity to acquire a 42-Unit value-add multifamily apartment complex in Northwest Detroit, Michigan. This property is comprised of 2 Separate Garden Style buildings on busy West Seven Mile Road, just East of Telegraph. The asset consists of 42, 1 Bedroom/Bathroom Units located in 2, 2-story buildings with many property updates over the years. There are 42 separate electric meters for the tenants, with the landlord paying gas and water for the property. The rents are between $475-500 which includes water and heat. Each apartment has wall mounted, efficiency unit radiators, with built-in fans. There is landlord owned laundry facilities on-site for all residents to use. This property has plenty of off street parking in the rear of the building with additional features such as ceiling fans, garbage disposals and window mounted Air Conditioner units for the residents.

Property Photo 5 photos
5 photos

16844 Lahser Road

16844 Lahser Road, Detroit, MI 48219

39,148 SFPrice Upon Req.

Multi-Family

Property Tours available May 22, 2013 and May 30, 2014. Viewing times are below. Please contact Listing Broker AJ Beachum (248) 932-0300 for property tour information.B130-119 - Presidential Plaza Apartments - 11:30AM to 12:30PMAuction.com and Income Property Organization are pleased to present the opportunity to acquire a 48-Unit value-add multifamily apartment complex in Northwest Detroit, Michigan. This property is comprised of 2 Separate buildings on busy Lahser, just South of 6 Mile. The asset consists of 48, 1 Bedroom/Bathroom Units located in 2, 2-story buildings with many property updates over the years. There are 48 separate electric meters for the tenants, with the landlord paying gas and water for the property. The rents are between $475-500 which includes water and heat. Each apartment has baseboard heating through a gas boiler in the basement. There is landlord owned laundry facilities on-site for all residents to use. This property has plenty of off street parking throughout and includes features such as ceiling fans, garbage disposals, security systems for each apartment, and window mounted Air Conditioner units for the residents.

Property Photo 4 photos
4 photos

18619 Moross Road

18619 Moross Road, Detroit, MI 48224

844 SF$107,400

Multi-Family

*INVESTOR SPECIAL* Prime investment properties, fully turnkey for investors. This portfolio generates a yearly income of over $47,000! Rent roles available upon written and accepted offers. Must receive offer before doing walkthroughs (Offer can be contingent upon walkthrough). Do not want to disturb tenants unless serious buyer is in place.

Property Photo 6 photos
6 photos

16619 Carlisle Street

16619 Carlisle Street, Detroit, MI 48205

1,072 SF$220,700

Multi-Family

*INVESTOR SPECIAL* Prime investment properties, fully turnkey for investors. This portfolio generates a yearly income of over $63,500! Rent roles available upon written and accepted offers. Must receive offer before doing walkthroughs (Offer can be contingent upon walkthrough). Do not want to disturb tenants unless serious buyer is in place.

Property Photo 1 photo

10123 Mckinney Street

10123 Mckinney Street, Detroit, MI 48224

943 SF$34,000

Multi-Family

This is a turnkey rental property with happy tenant in place paying $750/Month. This has potential to offer up to a 15% CAP rate in a desirable neighborhood. This home has a newer roof, trim, gutters, driveway, new carpet, paint, huge refinished bungelow area, great curb appeal, and affordable taxes. Do not disturb tenants. High quality 3 home investment package available for $90,000.00 - See 21629 Karl and 11201 Roxbury, Detroit.

Property Photo 1 photo

21629 Karl Street

21629 Karl Street, Detroit, MI 48219

1,300 SF$34,500

Multi-Family

This is a turnkey rental property with happy tenant in place paying $700/Month. This has potential to offer up to a 15% CAP rate in a desirable neighborhood. This home has a new roof and affordable taxes. Do not disturb tenants. High quality 3 home investment package available for $90,000.00 - See 10123 McKinney and 11201 Roxbury.

Property Photo 1 photo

11201 Roxbury Street

11201 Roxbury Street, Detroit, MI 48224

1,397 SF$34,500

Multi-Family

This is a turnkey rental property with happy tenant in place paying $700/Month. This has potential to offer up to a 15% CAP rate in a desirable neighborhood. This home has a new roof and affordable taxes. Do not disturb tenants. High quality 3 home investment package available for $90,000.00 - See 10123 McKinney and 21629 Karl.

Property Photo 1 photo

9730 Wyoming Street

9730 Wyoming Street, Detroit, MI 48204

8,076 SF$195,000

Multi-Family

Since 1972 there have been several renovations. The roof, windows, balcony, and carpets have all been re-done inside the apartments.

Property Photo 29 photos
29 photos

1324 Porter Street

1324 Porter Street, Detroit, MI 48226

30,000 SFPrice Upon Req.

Multi-Family

Excellent Opportunity ! MSHDA subsidized Multifamily apartment building. Low Income Housing Tax Credit Project 5 Story with newer elevator . Nice Mix of 21 - (1 ) bedroom and 9 - (2) bedroom. Lower level commercial space also available to lease or use .

Featured Broker

George Bera
Rockford, MI
President
Bera Group, Inc.
LEASE: Office, Medical Office, Retail, Industrial, Lofts / Showrooms, Flex/R&D
SALE: Office, Retail, Industrial, Vacant Land, Hospitality, Mixed Use, Multi-Family, Medical Office, Flex/R&D, Live/Wo
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Detroit Apartment Buildings for Sale

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