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Apartment Building Portfolio Package
For Sale
$2,999,999

18055 Schoenherr Street, Detroit, MI 48205

MULTI_FAMILY - Other - Detroit, MI

Property Size32,604 SF
Lot Size0.17 Acres
Price / SF$92.01
Days on Market59

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 Bedroom 20, Bedroom 56, Bathroom 56, Bathroom 46, Bedroom 25, Bathroom 24, Bedroom 2, Bedroom 8, Bedroom 4, Bathroom 42, Bedroom 35, Bathroom 38, Bedroom 14, Bathroom 34, Bathroom 14, Bathroom 29, Bathroom 40, Bathroom 39, Bathroom 23, Bedroom 57, Bedroom 37, Bathroom 50, Bedroom 31, Bedroom 41, Bedroom 53, Bedroom 6, Bathroom 47, Bathroom 4, Bathroom 8, Bedroom 22, Bedroom 33, Bathroom 3, Bathroom 53, Bedroom 45, Bathroom 57, Bedroom 12, Bathroom 43, Bedroom 11, Bedroom 32, Bedroom 18, Bedroom 50, Bathroom 33, Bedroom 46, Bathroom 6, Bedroom 36, Bedroom 58, Bathroom 21, Bathroom 9, Bedroom 40, Bathroom 19, Bathroom 12, Bedroom 13, Bathroom 18, Bathroom 41, Bedroom 47, Bathroom 54, Bedroom 42, Bathroom 52, Bedroom 19, Bedroom 21, Bedroom 60, Bathroom 30, Bathroom 59, Bathroom 7, Bedroom 9, Bedroom 16, Bedroom 49, Bathroom 17, Bathroom 5, Bedroom 30, Bedroom 28, Bedroom 44, Bedroom 1, Bathroom 2, Bedroom 7, Bedroom 51, Bedroom 48, Bedroom 38, Bedroom 43, Bedroom 27, Bedroom 55, Bathroom 37, Bathroom 10, Bedroom 10, Bedroom 5, Bedroom 54, Bedroom 15, Bathroom 25, Bathroom 11, Bathroom 44, Bathroom 16, Bedroom 17, Bathroom 28, Bedroom 23, Bathroom 35, Bedroom 52, Bathroom 32, Bathroom 27, Bedroom 24, Bathroom 55, Bedroom 34, Bedroom 29, Bathroom 36, Bedroom 26, Bedroom 3, Bathroom 15, Bathroom 48, Bathroom 60, Bathroom 31, Basement, Bathroom 51, Bathroom 20, Bathroom 45, Bedroom 39, Bedroom 59, Bathroom 26, Bathroom 22, Bathroom 13, Bathroom 1, Bathroom 58, Bathroom 49
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: Aug 2 Last Checked: Aug 8 at 3:06PM
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 offering is a portfolio sale of six multifamily properties sold together as a single package. The portfolio includes 14299 Fordham Street, 14296 Glenwood Street, 18036 Schoenherr Street, 18055 Schoenherr Street, 18029 Schoenherr Street, and 10820 Schoolcraft Road, with the seller not considering individual property sales.

One property is fully renovated and occupied and currently operates as a single-room rental configuration with 62 rentable beds. The remaining properties are positioned for renovation: 14296 Glenwood Street is a 20-unit apartment building that is approximately 50% rehabilitated with rough electrical and plumbing work completed and approved. The other apartment buildings listed are described as brick exteriors that have been cleaned out, boarded, secured, and dried-in.

18055 Schoenherr Street is a brick multifamily building built in 1929 with forced air heating and public water. The parcel is 0.17 acres and the property size is 32,604 square feet. Proof of funds is required prior to any showings, and prospective buyers are advised to drive by prior to requesting showings.

Key Highlights

  • Portfolio sale of six multifamily properties sold together as a single package
  • 14296 Glenwood Street: 20‑unit building, approx. 50% rehabilitated with rough electrical and plumbing completed and approved
  • 14299 Fordham Street: fully renovated and occupied single‑room rental with 62 rentable beds

Property Analytics

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

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 - Portfolio sale of six multifamily properties in a single transaction under Multi-Family zoning.
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: Portfolio sale of six multifamily properties sold together as a single package; 14296 Glenwood Street: 20‑unit building, approx. 50% rehabilitated with rough electrical and plumbing completed and approved; 14299 Fordham Street: fully renovated and occupied single‑room rental with 62 rentable beds
More about this property
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