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Six-Property Multifamily Portfolio
For Sale
$2,999,999

18055 Schoenherr Street, Detroit, MI 48205

Multifamily, 4-10 Story, Detroit, MI

Property Size32,604 SF
Lot Size0.17 Acres
Price / SF$92.01
Days on Market108

Property Features for 18055 Schoenherr Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 60
Bathrooms 60
Full bathrooms 60
Rooms Bathroom 58, Bathroom 40, Bedroom 46, Bedroom 14, Bedroom 41, Bathroom 7, Bedroom 56, Bathroom 24, Bathroom 56, Bedroom 39, Bedroom 24, Bathroom 23, Bathroom 57, Bedroom 10, Bathroom 10, Bedroom 51, Bedroom 23, Bedroom 25, Bedroom 35, Bathroom 50, Bedroom 28, Bathroom 6, Bathroom 49, Bedroom 32, Bathroom 3, Bathroom 25, Bathroom 55, Bedroom 3, Bedroom 22, Bathroom 37, Bedroom 12, Bedroom 19, Bedroom 47, Bathroom 51, Bedroom 33, Bathroom 4, Bathroom 48, Bathroom 45, Bathroom 59, Bedroom 17, Bedroom 59, Bathroom 16, Bedroom 15, Bedroom 45, Bedroom 34, Bedroom 36, Bedroom 52, Bathroom 19, Bedroom 30, Bathroom 60, Bedroom 38, Bedroom 48, Bathroom 2, Bathroom 41, Bathroom 22, Bedroom 43, Bathroom 42, Bedroom 49, Bedroom 29, Bathroom 20, Bedroom 42, Bedroom 6, Bedroom 31, Bedroom 5, Bedroom 20, Bedroom 58, Bathroom 33, Bathroom 5, Bathroom 46, Bathroom 26, Bedroom 27, Bathroom 18, Bedroom 21, Bedroom 50, Bathroom 53, Bedroom 26, Bathroom 34, Bedroom 44, Bathroom 27, Bedroom 13, Bathroom 35, Bathroom 28, Bedroom 37, Bathroom 31, Bedroom 7, Bathroom 8, Bedroom 40, Bedroom 4, Bathroom 15, Bathroom 39, Bedroom 1, Bathroom 17, Bedroom 60, Bathroom 36, Bedroom 2, Bathroom 32, Bathroom 9, Bathroom 11, Basement, Bathroom 1, Bathroom 21, Bathroom 30, Bedroom 55, Bedroom 8, Bedroom 18, Bathroom 14, Bedroom 11, Bathroom 47, Bedroom 57, Bedroom 9, Bathroom 54, Bathroom 13, Bathroom 12, Bathroom 43, Bedroom 16, Bathroom 52, Bathroom 44, Bedroom 54, Bathroom 29, Bedroom 53, Bathroom 38
Pets allowed Call
Subdivision Trombley Park
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions 18055 Schoenherr St in Detroit from I-94, take the exit for I-696 West toward Lansing, then take the Schoenherr Rd exit (Exit 26) and turn left onto Schoenherr Rd. Travel south for approximately 2.5 miles to find the destination
Standard status Active
APN W21I029834S
Size 32,604 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description W SCHOENHERR 11 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 60 X 124.50
Tax Annual Amount 9099
Legal Description W SCHOENHERR 11 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 60 X 124.50

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1929
Number of units 60
Building materials Brick
Architectural style Other
Listing Agency: EXP Realty Main
Listed By: John Goci · License #6501389885
Added: Jun 11 Changed: Sep 13 Last Checked: Sep 26 at 12:06AM
MLS# 20261044166

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.

This Detroit multifamily portfolio includes six properties offered together as one package. The collection includes a fully renovated and occupied building at 14299 Fordham Street operating as a single-room rental property with 62 rentable beds. The remaining assets include a 20-unit building at 14296 Glenwood Street that is approximately 50% rehabilitated, along with 30-unit, 20-unit, 18-unit, and 18-unit apartment buildings.

The four Schoenherr Street and Schoolcraft Road buildings have brick exteriors and have been cleaned out, boarded, secured, and dried-in. Rough electrical and plumbing work at the Glenwood Street property has been completed and approved. The portfolio is offered only as a combined sale, with proof of funds required before showings. The buildings are located in Detroit, Wayne County, Michigan, and the listed property carries Multi-Family zoning.

Key Highlights

  • Six multifamily properties offered together as one portfolio package
  • 14299 Fordham Street is renovated, occupied, and configured for 62 rentable beds
  • 14296 Glenwood Street is a 20‑unit building approximately 50% rehabilitated

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Kitchen & Bath Showroom

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

106
Residential units

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Detroit package combines an occupied room-rental property with five buildings positioned for rehabilitation and redevelopment.
Where is this apartment building located?
The property is located at 18055 Schoenherr Street Detroit, MI.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Six multifamily properties offered together as one portfolio package; 14299 Fordham Street is renovated, occupied, and configured for 62 rentable beds; 14296 Glenwood Street is a 20‑unit building approximately 50% rehabilitated
More about this property
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