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    Brick Multifamily Apartment Building Title is generated by Realmo AI

    11744 Cascade St, Detroit, MI 48204

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    For Sale
    $499,999

    Eight one-bedroom units with forced air heat and public water/sewer, suited for student or workforce rental demand.

    Type:Investment
    Added:
    Jun 19, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 21 at 2:39 am

    Property Features for 11744 Cascade St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1930

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    Paris Laurent

    Listing office REMAX LEADING EDGE

    Listing date Jun 19, 2026

    Source Elliman

    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 REMAX LEADING EDGE

    HighLights

    • 8 one‑bedroom units built in 1930
    • Forced air heat; public water and sewer
    • Projected gross income of $76,800/year at $800/month per unit (1BD)
    • Potential cap rate exceeding 9% at the list price (projected)
    • Located near Wayne State University, Detroit Medical Center, and Midtown

    Overview

    This brick multifamily apartment building offers eight 1-bedroom units. The property is served by forced air heat and has public water and sewer. With a straightforward unit count and residential income focus, it can fit investors seeking a small, manageable portfolio asset.

    The building is positioned near Wayne State University, the Detroit Medical Center, and Midtown, placing it within a practical rental draw for students and area workers. It is also described as minutes from Downtown Detroit, major freeways, and nearby restaurants and local amenities, supported by walkable and transit-receptive scores.

    The seller notes a projected gross income of $76,800 per year at market rents, with an at-$800-per-month projection referenced for budgeting purposes. Financing is described as cash or conventional only. The property is tenant-occupied and requires coordination, with instructions to do not disturb.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1338676
    Latitude
    42.3772064

    FAQs

    What type of property is this?
    Apartment building - Eight one-bedroom units with forced air heat and public water/sewer, suited for student or workforce rental demand.
    Where is this apartment building located?
    The property is located at 11744 Cascade St Detroit, MI.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: 8 one‑bedroom units built in 1930; Forced air heat; public water and sewer; Projected gross income of $76,800/year at $800/month per unit (1BD)
    More about this property
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