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Brick 8-Unit Apartment Building
For Sale
$399,000

15080 Greenfield Road, Detroit, MI 48227

Multifamily, 2 Story, Detroit, MI

Property Size7,080 SF
Lot Size0.19 Acres
Price / SF$56.36
Days on Market51

Property Features for 15080 Greenfield Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 7, Bedroom 1, Bedroom 11, Bedroom 2, Basement, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 12, Bathroom 8, Bedroom 5, Bathroom 4, Bedroom 10, Bedroom 8, Bedroom 9, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 6
Pets allowed Call
Subdivision Avon Park Sub
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Southfield Fwy South - Exit Fenkell & E On Fenkell To Greenfield
Standard status Active
APN W22I049962S
Size 7,080 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description E GREENFIELD 5 EXC GREENFIELD AS WD AVON PARK SUB L30 P98 PLATS, W C R 22/77 74 X 109.91A
Tax Annual Amount 22548
Legal Description E GREENFIELD 5 EXC GREENFIELD AS WD AVON PARK SUB L30 P98 PLATS, W C R 22/77 74 X 109.91A

Utilities

Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1962
Floors in Building 2
Number of units 8
Building materials Brick
Architectural style Other
Listing Agency: Match Realty
Listed By: Katie Wheeler · License #6501400563
Added: Jul 2 Changed: Aug 19 Last Checked: Aug 21 at 12:06AM
MLS# 20261050163

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.

Brick 8-unit apartment building built in 1962, offering a mix of occupied and vacant units. Five of the eight units are currently occupied, including Section 8 tenants, while three units are vacant and ready for lease-up.

The property sits on a 0.19-acre lot with a total size of 7,080 square feet. Heating is hot water and the water source is public.

A practical setup for investors seeking in-place occupancy with additional upside from bringing the vacant units back to leased status through renewal and lease-up efforts.

Key Highlights

  • 0.19‑acre lot with 7,080 SF total building area
  • 8 units total: 5 occupied and 3 vacant
  • Five occupied units include Section 8 tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply HVAC Service Skin Care Clinic

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 48227, MI

40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value

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 8-unit building with hot water heating and public water, with five units currently occupied and three vacant.
Where is this apartment building located?
The property is located at 15080 Greenfield Road Detroit, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 0.19‑acre lot with 7,080 SF total building area; 8 units total: 5 occupied and 3 vacant; Five occupied units include Section 8 tenants
More about this property
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