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14440 Frankfort St Detroit, MI 48224

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For Sale
$800,000

32-unit apartment building with value-add potential in Chandler Park.

Type:Investment
Property size:
32,934 SF
Added:
Apr 22, 2026
Days on Market:
7
Last Refresh:
Apr 22 at 7:09 pm

Property Features for 14440 Frankfort St

General Information

Standard status
Active
Size
32,934 SF
Property subtype
Investment

Building Details

Year Built
1958

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Listing Contact
Jiryes Jarrous

Listing agent Jiryes Jarrous

Listing office

Listing date Apr 22, 2026

Source Elliman

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 Jiryes Jarrous


Overview

Chandler Park Multifamily Investment

This 32-unit apartment building is located in Chandler Park and offers value-add potential. The property encompasses a total of 32,934 square feet, featuring a unit mix of 20 one-bedroom units and 12 two-bedroom units. Significant capital improvements were completed in 2021, including new windows, a new roof, new siding, and plumbing and electrical updates. The sale includes 12 newly renovated kitchens, reducing upfront renovation work. A recent after-repair value appraisal comes in at 1.9 million. This property presents a 1031 exchange opportunity with upside potential for investors looking to expand or reposition a multifamily asset in a growing area. The location has a bike score of 67, indicating it is bikeable, a walk score of 60, indicating it is somewhat walkable, and a transit score of 42, indicating some transit options are available.
Location Intelligence

Current Use by Public Records

1031 exchange properties

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

Location Insight

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  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-82.959234
Latitude
42.3969319

FAQs

What type of property is this?
Apartment building - 32-unit apartment building with value-add potential in Chandler Park.
Where is this apartment building located?
The property is located at 14440 Frankfort St Detroit, MI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Strong value‑add potential in the growing Chandler Park area; Recent after‑repair value appraisal at $1.9 million; Major capital improvements completed in 2021: new windows, roof, siding, plumbing, and electrical updates
More about this property
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