Six-Unit Apartment
For Sale
Contact for pricing
5700 TOWNSEND Street, Detroit, MI 48213
Multifamily, 2 Story, Detroit, MI
Property Size4,112 SF
Lot Size0.08 Acres
Price / SF$6.93
Days on Market701
Property Features for 5700 TOWNSEND Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family,Residential
Bedrooms
10
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 9, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 4, Basement, Bedroom 10, Bathroom 3, Bedroom 7, Bathroom 6, Bedroom 8, Bathroom 5, Bathroom 2, Bedroom 3
Subdivision
WM TAITS (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
NORTH OF GRATIOT / BETWEEN E GRAND BLVD & VAN DYKE
Standard status
Active
APN
W17I012119S
Size
4,112 SF
Lot size
0.08 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 12/30/2024. E TOWNSEND 562 WM TAITS SUB L16 P87 PLATS, W C R 17/104 30 X 118
Tax Annual Amount
4372
Legal Description
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E TOWNSEND 562 WM TAITS SUB L16 P87 PLATS, W C R 17/104 30 X 118
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1912
Floors in Building
2
Number of units
6
Architectural style
Other
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(313) 204-0310
Added: Oct 7, 2024
Changed: Sep 4
Last Checked: Sep 7 at 11:06AM
MLS# 20240071565
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 two-story apartment property contains 4,112 square feet on a 0.08-acre parcel and was built in 1912. The unit mix includes four two-bedroom apartments and two one-bedroom apartments, supported by six bathrooms. The building needs work and is heated by forced-air equipment, with public water service.
Located in Detroit, the property is zoned Multi-Family,Residential. The Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years following transfer of ownership. That provision may affect tax abatements or lot combinations, and requests to waive the capture may be reviewed under DLBA proposal guidelines.
Located in Detroit, the property is zoned Multi-Family,Residential. The Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years following transfer of ownership. That provision may affect tax abatements or lot combinations, and requests to waive the capture may be reviewed under DLBA proposal guidelines.
Key Highlights
- Six‑unit apartment building with four 2‑bedroom units and two 1‑bedroom units
- 4,112 square feet on a 0.08‑acre parcel
- Built in 1912
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 48213, MI
19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story property with four two-bedroom units and two one-bedroom units.
Where is this apartment building located?
The property is located at 5700 TOWNSEND Street Detroit, MI.
What are key features of this property?
This property features: Six‑unit apartment building with four 2‑bedroom units and two 1‑bedroom units; 4,112 square feet on a 0.08‑acre parcel; Built in 1912
