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    Detroit, MI Apartment Buildings for Sale

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    Six-Building Apartment Portfolio
    Updated: Jun 11
    Six-Building Apartment Portfolio

    14299 Fordham Street, Detroit, MI 48205

    $2,999,999
    10,310 sqft 0.09 AC lot
    Six apartment properties offered together as one portfolio sale
    14299 Fordham Street is fully renovated, occupied, and configured for 62 rentable beds
    14296 Glenwood Street is a 20‑unit building approximately 50% rehabilitated
    Additional buildings contain 30, 20, 18, and 18 units
    Four vacant buildings feature brick exteriors and are cleaned out, boarded, secured, and dried‑in
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    Multifamily Apartment Portfolio
    Updated: Jun 11
    Multifamily Apartment Portfolio

    14296 Glenwood Street, Detroit, MI 48205

    $2,999,999
    9,744 sqft 0.17 AC lot
    Six Detroit multifamily properties offered together as one portfolio package
    14296 Glenwood Street: 20‑unit building approximately 50% rehabilitated
    Rough electrical and plumbing work completed and approved at the Glenwood property
    14299 Fordham Street includes 62 rentable beds in a renovated, occupied room‑rental property
    Additional buildings include 30‑unit, 20‑unit, 18‑unit, and 18‑unit properties
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    Apartment Building Portfolio
    Apartment Building Portfolio

    18029 SCHOENHERR Street, Detroit, MI 48205

    $2,999,999
    6,702 sqft 0.11 AC lot

    Six Detroit multifamily properties are offered together in one portfolio transaction.

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    See hot listings in Detroit

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Apartment Building with Renovation Underway
    Apartment Building with Renovation Underway

    3017 W Buena Vista St, Detroit, MI 48238

    $799,000
    29,726 sqft 0.37 AC lot

    Renovation work has begun in part of this vacant multifamily property, with the balance still requiring work.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    13660 Ohio Street, Detroit, MI 48238

    $600,000
    5,832 sqft 0.28 AC lot

    Each residence has its own furnace and utility service, and all eight are currently leased.

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    Six-Property Apartment Building Portfolio
    Six-Property Apartment Building Portfolio

    10820 SCHOOLCRAFT Street, Detroit, MI 48238

    $2,999,999
    8,516 sqft 0.09 AC lot

    Six Detroit assets combine one operating room-rental property with five buildings at different rehabilitation stages.

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    30-Unit Brick Apartment Building
    30-Unit Brick Apartment Building

    18036 SCHOENHERR Street, Detroit, MI 48205

    $2,999,999
    16,860 sqft 0.30 AC lot

    Portfolio sale includes six Detroit multifamily properties with one renovated, occupied room-rental asset and five redevelopment projects.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    1451 Livernois Ave, Detroit, MI 48209

    $750,000
    8,000 sqft

    Well-maintained multifamily property with separate entrances and dedicated mechanical systems for each residence.

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    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    1451 Livernois Avenue, Detroit, MI 48209

    $750,000
    8,000 sqft 0.18 AC lot

    Eight two-bedroom residences offer separate entrances along with individual furnaces and water tanks.

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    Apartment Building with Private Porches
    Apartment Building with Private Porches

    2972 Rochester Street, Detroit, MI 48206

    $155,000
    15,188 sqft 0.15 AC lot

    Multi-unit apartment property with large two-bedroom layouts, private porches, and substantial building improvements underway.

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    Fenkell Apartments 48-Unit Building
    Fenkell Apartments 48-Unit Building

    23411 Fenkell Ave, Detroit, MI 48223

    $2,640,000
    54,309 sqft 2.27 AC lot

    Gated apartment community with a landscaped courtyard, rebuilt balconies, and on-site parking.

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    Renovated 8-Unit Apartment Building
    Renovated 8-Unit Apartment Building

    7430 Alaska, Detroit, MI 48204

    $425,000
    5,160 sqft 0.10 AC lot

    Brick multifamily property with updated interiors, building systems, and common areas, plus unused basement space for future tenant amenities.

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    Six-Property Multifamily Portfolio
    Six-Property Multifamily Portfolio

    18055 Schoenherr Street, Detroit, MI 48205

    $2,999,999
    32,604 sqft 0.17 AC lot

    Detroit package combines an occupied room-rental property with five buildings positioned for rehabilitation and redevelopment.

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    30-Unit Apartment Building
    30-Unit Apartment Building

    21124 Schoolcraft, Detroit, MI 48223

    $1,650,000
    19,500 sqft 0.42 AC lot

    1968-built, B4-zoned 30-unit apartment property with one-bedroom units, on-site parking, and immediate access to I-96 and M-39.

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    16-Unit Brick Apartment Building
    16-Unit Brick Apartment Building

    19131 Lahser Road, Detroit, MI 48219

    $825,000
    15,106 sqft 0.35 AC lot

    Two-story residential property with 12 occupied units and public water service.

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    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    15080 Greenfield Road, Detroit, MI 48227

    $399,000
    7,080 sqft 0.19 AC lot

    Commercial-zoned multifamily property with brick construction and hot-water heating.

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    9-Unit Multifamily Building
    9-Unit Multifamily Building

    47424754 4742-4754 Anthony Wayne Dr, Detroit, MI 48201

    $2,100,000
    12,658 sqft

    Historic rental property near Wayne State University, the Medical Center, and Midtown Detroit demand drivers.

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    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    11744 Cascade Street, Detroit, MI 48204

    $480,000
    3,370 sqft 0.07 AC lot

    Multifamily zoning, forced-air heat, and public water and sewer serve the eight one-bedroom residences.

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    48-Unit Multifamily Apartment Community
    48-Unit Multifamily Apartment Community

    23411 Fenkell, Detroit, MI 48223

    $2,640,000
    54,309 sqft 2.27 AC lot

    48-unit apartment community on 2.27 acres with separate electric metering, refurbished boilers, and rebuilt balconies.

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    10-Unit Brick Apartment Building
    10-Unit Brick Apartment Building

    12927 Plymouth Road, Detroit, MI 48227

    $499,000
    4,467 sqft 0.28 AC lot

    Fully leased multifamily property with a gated courtyard and separately metered electric baseboard heat.

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    Renovated 21-Unit Apartment Building
    Renovated 21-Unit Apartment Building

    240 Mack Ave, Detroit, MI 48201

    $4,100,000
    7,400 sqft

    Every apartment is occupied, and the property benefits from a tax abatement that continues after a sale.

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    16-Unit Brick Apartment Building
    16-Unit Brick Apartment Building

    3550 Montclair Street, Detroit, MI 48214

    $549,900
    10,944 sqft 0.23 AC lot

    Updated multifamily property with individually metered electricity and cooking gas for each unit.

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    Stabilized Multifamily Portfolio in Detroit
    Stabilized Multifamily Portfolio in Detroit

    7536 Dunedin St, Detroit, MI 48206

    $2,163,000
    22,827 sqft 1.08 AC lot

    28-unit multifamily portfolio in Detroit's Virginia Park/LaSalle Gardens corridor.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    2900 Clairmount Street, Detroit, MI 48206

    $35,000
    9,174 sqft 0.10 AC lot

    Comprehensive restoration is required before the one-bedroom apartments can return to residential service.

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    Detroit, MI Apartment Buildings Market Trends and Statistics

    Explore 101 apartment buildings for sale in Detroit, MI, showcased through 101 active listings on our real estate platform. These investment opportunities span a total of 1,829,977 square feet of properties for sale, with an estimated market value of $120,536,989.

    Sale prices for apartment complexes in Detroit, MI start at $35,000, averaging $1,418,082, and reaching up to $7,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Highland Park - 48203 $1.5M
    Detroit - 48201 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Wayne County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Detroit, MI

    • 48205
    • 48206
    • 48204
    • 48219
    • 48203
    • 48208
    • 48214
    • 48227
    • 48238
    • 48201
    • 48223
    • 48202

    Featured Detroit Real Estate Agencies

    Realmo connects you with licensed Detroit CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Downtown Realty
    500 Griswold Ste 2420 Detroit, MI 48226
    Phone: 13134667253
    downtownrealty.us
    @properties Detroit
    3100 Woodward Ave, Suite 102 Detroit, MI 48201
    Phone: 13132300510
    www.atpropertiesdetroit.com/
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