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Turnkey Detroit Investment Portfolio
For Sale
$965,000

2903 GLENDALE Street, Detroit, MI 48238

MULTI_FAMILY - Colonial - Detroit, MI

Property Size1,076 SF
Lot Size0.03 Acres
Price / SF$896.84
Days on Market125

Property Features for 2903 GLENDALE Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 18
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 10, Bathroom 8, Bedroom 5, Bedroom 14, Bedroom 11, Bedroom 9, Bathroom 4, Bedroom 6, Bedroom 13, Bedroom 16, Bedroom 8, Bedroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 15, Bathroom 2, Bathroom 6, Bathroom 7, Basement, Bedroom 7, Bathroom 9, Bedroom 12, Bedroom 17, Bedroom 2, Bedroom 18, Bathroom 1
Subdivision OAKMANS ROBT CHERRY LANE
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions South of Davison/East of Livernois
Standard status Active
APN W12I004154S002
Size 1,076 SF
Lot size 0.03 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 12/30/2027. S GLENDALE W 16.84 FT OF E 34.16 FT OF N 65.90 FT 53 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 16.84 X 65.90
Tax Annual Amount 866
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. S GLENDALE W 16.84 FT OF E 34.16 FT OF N 65.90 FT 53 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 16.84 X 65.90

Utilities

Heating system Forced Air

Building Details

Year built 1925
Floors in Building 2
Number of units 9
Building materials Brick
Roof type Asphalt
Architectural style Colonial
Listing Agency: Realtyflo Inc
Listed By: Shenitha Raines
Added: Apr 9 Changed: Aug 2 Last Checked: Aug 11 at 9:06AM
MLS# 20261023802

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 is a portfolio of nine single-family homes, each featuring 2 bedrooms, 1 bathroom, and a wood-burning fireplace. Additional attic and basement space offers storage or future value potential. All properties were renovated in 2024, with new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks. The kitchens have been updated with new flooring, cabinets, countertops, and appliances. Bathrooms include new fixtures. The package includes a vacant lot at 2921 Glendale, currently used for tenant parking. The portfolio includes properties at 2901, 2907, 2911, 2915, 2919, and 2921 Glendale, as well as 12735, 12741, and 12745 Lawton. The property at 2903 GLENDALE Street, Detroit, MI 48238 has a lot size of 0.03 acres and a property size of 1076 square feet. All properties are lead certified and in compliance. This portfolio is suited for investors looking to scale with a stabilized rental portfolio.

Key Highlights

  • 9‑property single‑family portfolio in the Detroit market, each home with 2 bedrooms and 1 bathroom
  • Extensively renovated in 2024 with brand‑new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks
  • Wood‑burning fireplace in each unit, plus attic and basement space for added storage

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage 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

100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Nine renovated single-family homes with parking lot in Detroit.
Where is this single family property located?
The property is located at 2903 GLENDALE Street Detroit, MI.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 9‑property single‑family portfolio in the Detroit market, each home with 2 bedrooms and 1 bathroom; Extensively renovated in 2024 with brand‑new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks; Wood‑burning fireplace in each unit, plus attic and basement space for added storage
More about this property
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