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Remodeled Multifamily Property on Meyers
For Sale
$155,000
Pending

11733 Meyers Rd, Detroit, MI 48227

Turnkey multifamily property with updated features and convenient location.

Property Size2,390 SF
Days on Market120

Property Features for 11733 Meyers Rd

General Information

Standard status Pending
Size 2,390 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,724

Building Details

Building Size 2,390 SF
Year Built 1929
Units 2
Listing Agency: EXP Realty Main
Listed By: Future D Davis · License #6501382733
Source: Elliman
Added: Apr 15 Changed: Aug 8 Last Checked: Aug 11 at 11:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty Main

Investment Insights

Based on property information with market context.

This completely remodeled multifamily property presents a turnkey opportunity for both living and investment. Each of the units includes two bedrooms and features smart lighting, ceiling fans in every bedroom, and LED lighting throughout. Significant updates have been made, including new plumbing, electrical systems, a new roof, and energy-efficient windows. Situated on Meyers Rd, the property is near parks and shopping, with convenient access to downtown. This location makes it suitable for rental income or for owner-occupants. Please note that the property is currently occupied, and showings are strictly by appointment only with advance notice, subject to occupant approval.

Key Highlights

  • Completely remodeled multifamily property: Turnkey living or investment opportunity.
  • Major updates: New plumbing, electrical, roof, and energy‑efficient windows.
  • Each unit features 2 bedrooms, smart lighting, and ceiling fans in every bedroom.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

Demographics for 48227, MI

40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value

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?
Multifamily property - Turnkey multifamily property with updated features and convenient location.
Where is this multifamily property located?
The property is located at 11733 Meyers Rd Detroit, MI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Completely remodeled multifamily property: **Turnkey living or investment opportunity.**; Major updates: New plumbing, electrical, roof, and energy‑efficient windows.; Each unit features 2 bedrooms, smart lighting, and ceiling fans in every bedroom.
More about this property
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