Apartment Package Sale
For Sale
$90,000
Pending
9440 SAVERY St, Detroit, MI 48206
18 units plus lot in growing Dexter Linwood neighborhood.
Property Size9,626 SF
Lot Size0.13 Acres
Days on Market155
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
(313) 888-6060
Listed By:
Mikhail Grigoryan · License #6502425564
(313) 888-6060
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 5:36AM
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. The combined properties total 18 units plus a vacant lot. The additional lot offers possibilities such as parking or a courtyard for residents. The location is positioned within an area experiencing substantial growth and proximity to Boston-Edison, North End, New Center, and Midtown. The properties are sold in as-is condition.
Key Highlights
- Package deal: Includes a 14‑unit apartment building and a 4‑unit building plus a vacant lot.
- High‑growth location: Situated in the Dexter Linwood neighborhood, an area experiencing significant growth.
- Development potential: Vacant lot offers possibilities for parking or a courtyard.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18 units plus lot in growing Dexter Linwood neighborhood.
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 deal: Includes a 14‑unit apartment building and a 4‑unit building plus a vacant lot.; High‑growth location: Situated in the Dexter Linwood neighborhood, an area experiencing significant growth.; Development potential: Vacant lot offers possibilities for parking or a courtyard.
