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    Detroit, MI Grosse Pointe Park, MI Harper Woods, MI Eastpointe, MI St Clair Shores, MI
    Eight-Unit Apartment Complex
    Updated: Oct 14, 2024
    Eight-Unit Apartment Complex

    19161 Kelly Rd, Grosse Pointe, MI 48224

    $395,000
    5,092 sqft
    Two‑building, 8‑unit apartment complex for sale (19161 Kelly Rd & 16241 E 7 Mile Rd) in Detroit, MI
    Located on the northwest corner of E 7 Mile Rd and Kelly Rd, on the Detroit/Harper Woods border
    Year built: 1954
    Various improvements completed over the past year
    Potential for a ninth unit on the garden level
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Grosse Pointe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Portfolio Package
    Multifamily Portfolio Package

    14299 Fordham Street, Detroit, MI 48205

    $2,999,999
    10,310 sqft 0.09 AC lot

    Six Detroit multifamily buildings offered together, including one occupied, with the remaining properties cleaned out and ready for renovation.

    View details
    Multifamily Portfolio Package
    Multifamily Portfolio Package

    14296 Glenwood Street, Detroit, MI 48205

    $2,999,999
    9,744 sqft 0.17 AC lot

    Six Detroit multifamily properties sold together, mixing an occupied renovated asset with multiple buildings ready for further renovation.

    View details
    Six-Property Multifamily Portfolio
    Six-Property Multifamily Portfolio

    14299 Fordham St, Detroit, MI 48205

    $2,999,999

    Six multifamily buildings are offered together as one portfolio, combining one occupied renovated property with multiple secured, cleaned-out value-add sites.

    View details
    Two-Story Multifamily Building
    Two-Story Multifamily Building

    15255 Mayfield St, Detroit, MI 48205

    Contact for pricing
    13,216 sqft

    Two-story building with 24 bedrooms for up to 36 students.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details

    Grosse Pointe, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Grosse Pointe, MI on our real estate platform. These investment opportunities span a total of 5,092 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for two-family homes in Grosse Pointe, MI average $395,000 — 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 98K
    Population Growth (5Y) -2.7%
    Median Household Income $85,838
    College Educated 64.6%

    Taxes & Financing

    Tax Rate (average for all types) 5.33%
    Property Tax per SF $15.56 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)

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