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18-Unit Multifamily Building

1241-1251 E Woodward Heights Blvd Hazel Park, MI 48030

1241-1251 E Woodward Heights Blvd, Hazel Park, MI, 48030
$4,000,000
For Sale
$4,000,000

18-unit apartment building offered for sale with rent roll and financials available to qualified buyers.

Days on Market32

Property Features for 1241-1251 E Woodward Heights Blvd

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
2019
Listing agency Century 21 Curran & Oberski
Listed by Maria Lacaria
Source Elliman
Added: Jun 22 Updated: Jul 22 at 5:28PM Checked: Jul 22 at 5:28PM

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 Century 21 Curran & Oberski


Investment Insights

Based on property information with market context.

This offering includes an 18-unit multifamily apartment building at 1241–1251 E Woodward Heights Blvd. The property is described as stabilized, with rent roll and financials available to qualified buyers.

The building is positioned near the I-75 and I-696 interchange, with major employment anchors noted in the surrounding area. Nearby mentions include the Amazon facility at 10 Mile and Dequindre, Corewell Health Royal Oak, and the GM Tech Center in Warren, with downtown Detroit described as roughly 15 minutes south. The remarks also note Hazel Park Schools, parks, the recreation center, and the district library, and indicate an adjacent building is expected to come to market soon.

Key Highlights

  • 18‑unit multifamily apartment building built in 2019
  • Major price reduction on the first building: $220,000 (now offered at $1,500,000)
  • Rent roll and financials available to qualified buyers

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Skin Care Clinic Nail Salon Parking Lot & Garage Gym & Fitness Center Daycare Center

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

FAQs

What type of property is this?
Apartment building - 18-unit apartment building offered for sale with rent roll and financials available to qualified buyers.
Where is this apartment building located?
The property is located at 1241-1251 E Woodward Heights Blvd Hazel Park, MI.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 18‑unit multifamily apartment building built in 2019; Major price reduction on the first building: $220,000 (now offered at $1,500,000); Rent roll and financials available to qualified buyers
Contact an agent
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