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    Detroit Multifamily Rehab Opportunity

    8773 PETOSKEY Avenue Detroit, MI 48204

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    Pending
    Contact for pricing

    MULTI_FAMILY - Colonial - Detroit, MI

    Property size:
    3,584 SF
    Lot size:
    0.09 Acres
    Added:
    Dec 13, 2022
    Days on Market:
    1307
    Last Refresh:
    Jul 12 at 2:06 am

    Property Features for 8773 PETOSKEY Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 7, Bathroom 1, Bathroom 2, Basement, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 8, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4
    Pets allowed
    Yes
    Standard status
    Pending
    APN
    W14I007114S
    Size
    3,584 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    W PETOSKEY 119 LAMBRECHT, KELLY & COS GRAND RIVER TERM SUB L27 P86 PLATS, W C R 14/162 40 X 100

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1918
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Colonial

    Listing agent Leonard A Pickett III License #6501306589

    Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

    Listing date Dec 13, 2022

    MLS# 20221067394 Listing URL

    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 multifamily property in Detroit, Michigan presents an opportunity for experienced investors. The property requires a full rehabilitation. Interested buyers must submit a proposal that includes detailed rehab plans and a financing plan with proof of funds, a pre-approval letter, or a new construction loan. The property is located in Wayne County and has a residential zoning. The lot size is 0.09 acres. The building size is 3584 square feet. Please note that the Tax Capture may be incompatible with tax abatements otherwise available. The Detroit Land Bank Authority (DLBA) will review requests to waive its tax capture rights and may require a payment in lieu of taxes. The payment amount will be determined upon reviewing the development financing. Please refer to the attached documents for DLBA requirements and submit proposals through the provided Google Doc application link.

    Key Highlights

    • Brick building built in 1918 with colonial architectural style
    • Forced air heating
    • Public water source

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property in Detroit requiring full rehab, investor opportunity.
    Where is this quadplex located?
    The property is located at 8773 PETOSKEY Avenue Detroit, MI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Brick building built in 1918 with colonial architectural style; Forced air heating; Public water source
    Contact an agent
    (248) 440-2268
    We can help!
    Contact an agent
    Leonard A Pickett III
    Real Estate License ID: 6501306589
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