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Six-Unit Apartment Building
For Sale
$89,900

1473 Taylor Street, Detroit, MI 48206

Multifamily, 3 Story, Detroit, MI

Property Size3,220 SF
Lot Size0.16 Acres
Price / SF$27.92
Days on Market249

Property Features for 1473 Taylor Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Bedroom 9, Bedroom 7, Basement, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 12, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 11, Bedroom 8, Bedroom 10, Bathroom 1, Bathroom 4
Pets allowed Yes
Subdivision BESSENGER & MOORES SUB
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions From Rosa Parks Blvd turn East on Taylor
Standard status Active
APN W06I002186S
Size 3,220 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATS, W C R 6/4 54 X 127
Tax Annual Amount 51
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATS, W C R 6/4 54 X 127

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1916
Floors in Building 3
Number of units 6
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX Leading Edge · RE/MAX International
Listed By: Ryan E Kain · License #6501401697
Added: Jan 20 Changed: Sep 14 Last Checked: Sep 26 at 11:06AM
MLS# 20261000538

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1916, this 3,220-square-foot brick apartment building contains six two-bedroom units and is configured for multifamily use. The property requires a full rehabilitation, while the walk-up attic provides space for two additional one-bedroom units. Existing features include forced-air heating, public water service, and an asphalt roof. The parcel encompasses 0.16 acres.

The property is located at 1473 Taylor Street in Detroit, less than one block from the Herman Kiefer project and two blocks from the Lodge freeway. Multi-Family zoning supports the stated apartment configuration. A basement is also included in the building’s room inventory.

Key Highlights

  • Six 2‑bedroom apartment units
  • 3,220 square feet on 0.16 acres
  • Walk‑up attic space for 2 additional 1‑bedroom units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with six two-bedroom units, attic expansion potential, and Multi-Family zoning.
Where is this apartment building located?
The property is located at 1473 Taylor Street Detroit, MI.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Six 2‑bedroom apartment units; 3,220 square feet on 0.16 acres; Walk‑up attic space for 2 additional 1‑bedroom units
More about this property
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