Multifamily Complex in
For Sale
$249,900
16159 Log Cabin St, Detroit, MI 48203
20-unit apartment complex on Detroit's west side, requires full rehab.
Property Size10,784 SF
Days on Market111
Property Features for 16159 Log Cabin St
General Information
Standard status
Active
Size
10,784 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,547
Building Details
Building Size
10,784 SF
Year Built
1926
Units
20
Listing Agency:
(586) 726-4600
Listed By:
Anthony Vitale
(586) 726-4600
Source:
Elliman
Added: Apr 24
Changed: Aug 11
Last Checked: Aug 11 at 9:59AM
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 Anthony Vitale
Investment Insights
Based on property information with market context.
This 20-unit apartment complex is located on Detroit's west side, near Palmer Park, Palmer Woods, and the University District. The property requires a full rehabilitation. Each of the 20 units includes one bedroom and one bathroom, with approximately 675 square feet per unit. The first and second floors each contain 8 units, totaling 16 units, with an additional four units located in the basement. The first and second floors feature hardwood floors. The foundation is solid. The property has a Highland Park mailing address, despite being located in Detroit. The property may be suitable for government assisted housing. The location has a transit score of 50, indicating good transit options. The walk score is 31, indicating car-dependent surroundings, and the bike score is 38, indicating it is somewhat bikeable.
Key Highlights
- Large 20‑unit multifamily apartment complex.
- Located near Palmer Park/Palmer Woods/University District.
- Opportunity for government assisted housing rentals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 48203, MI
22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - 20-unit apartment complex on Detroit's west side, requires full rehab.
Where is this apartment building located?
The property is located at 16159 Log Cabin St Detroit, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Large 20‑unit multifamily apartment complex.; Located near Palmer Park/Palmer Woods/University District.; Opportunity for government assisted housing rentals.
