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    15211 Fenkell St Detroit, MI 48227

    For Sale
    $1,200,000

    Gated, low-rise apartment building with courtyard and updated features.

    Lot size:
    0.38 Acres

    Property Features for 15211 Fenkell St

    General Information

    Lot size
    0.38 Acres

    Building Details

    Year built
    1954

    Source: Keller Williams Paint Creek Agent Justin Zehel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    20-Unit Rehabbed Apartment Building

    This is a 20-unit low-rise, garden-style apartment building constructed of brick and featuring a gated courtyard. Situated on a 0.38-acre lot, the property contains all 1-bed, 1-bath units, all of which have been rehabbed. The building has updated vinyl windows and a parking lot for tenants. A new balcony has been added, and the gutters and flashing have been updated. The roof was replaced approximately 10 years ago. The property is centrally located off Fenkell, tucked into a subdivision. A property manager is currently in place, but the property can also be self-managed. The property has a Certificate of Compliance. This apartment complex can be sold as a package with 3 other apartment complexes.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1953448
    Latitude
    42.4013315

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    FAQs

    What type of property is this?
    Apartment building - Gated, low-rise apartment building with courtyard and updated features.
    Where is this apartment building located?
    The property is located at 15211 Fenkell St Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Rehabbed units offer modern appeal and reduced maintenance.; - Gated community provides enhanced security and privacy.; - Property can be sold as a package with 3 other apartment complexes.
    (248) 979-3466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15211 Fenkell St Detroit, MI 48227
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