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Multi-Unit Investment Opportunity
For Sale
$90,000
Pending

9440 SAVERY St, Detroit, MI 48206

Package sale: 18 units plus lot in growing area.

Property Size9,626 SF
Lot Size0.13 Acres
Days on Market257

Property Features for 9440 SAVERY St

General Information

Standard status Pending
Size 9,626 SF
Lot size 0.13 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $213

Building Details

Building Size 9,626 SF
Year Built 1926
Units 14
Listing Agency: Detroit Progress Realty LLC
Listed By: Mikhail Grigoryan · License #6502425564
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 11 Last Checked: Aug 11 at 9:06AM

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 Detroit Progress Realty LLC

Investment Insights

Based on property information with market context.

This offering presents an investment opportunity in the Dexter Linwood neighborhood, featuring a package sale that includes a 14-unit apartment building at 9440 Savery, a neighboring lot, and a 4-unit building at 9500 Savery, totaling 18 units plus a lot. The additional lot offers possibilities such as parking or a courtyard for residents. Located in an area experiencing growth and surrounded by activity, the property is a short distance from Boston-Edison, North End, New Center, and Midtown. The sale is as-is, and the buyer will need to work with the city and apply for demo deferral.

Key Highlights

  • Package sale: Includes a 14‑unit apartment building and a 4‑unit building, totaling 18 units plus an additional lot.
  • Investment opportunity in the Dexter Linwood neighborhood.
  • Additional lot provides possibilities for parking or a courtyard.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Nail Salon

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

303
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Package sale: 18 units plus lot in growing area.
Where is this apartment building located?
The property is located at 9440 SAVERY St Detroit, MI.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Package sale: Includes a 14‑unit apartment building and a 4‑unit building, totaling 18 units plus an additional lot.; Investment opportunity in the Dexter Linwood neighborhood.; Additional lot provides possibilities for parking or a courtyard.
More about this property
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