10820 SCHOOLCRAFT St Detroit, MI 48238

10820 SCHOOLCRAFT St, Detroit, MI, 48238

$2,999,999

For Sale

$2,999,999

Portfolio sale of six Detroit multifamily buildings with a mix of renovated income and vacant, dried-in structures ready for renovation.

AddedJun 17

Days on Market28

Last RefreshJun 20 at 5:22 am

Property Features for 10820 SCHOOLCRAFT St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1930

Listing office eXp Realty

Listing date Jun 17, 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 eXp Realty

Investment Insights

Based on property information with market context.

This offering is a portfolio sale only of six multifamily properties in Detroit, sold together as a single package. One property is fully renovated and currently occupied, operating as a single-room rental configuration with 62 rentable beds. The remaining five buildings are in various renovation stages, including a 20-unit building approximately 50% rehabilitated with rough electrical and plumbing work completed and approved. Several additional 18- and 20-unit brick buildings have been cleaned out, boarded, secured, and dried-in.

The portfolio includes 14299 Fordham Street (fully renovated and occupied), 14296 Glenwood Street (20 units, approximately 50% rehabilitated), 18036 Schoenherr Street (30 units, cleaned out and dried-in), 18055 Schoenherr Street (20 units, cleaned out and dried-in), 18029 Schoenherr Street (18 units, cleaned out and dried-in), and 10820 Schoolcraft Road (18 units, cleaned out and dried-in). The seller requests prospective buyers drive by the properties prior to requesting showings.

For investors and developers, the structure of this package combines existing income from the renovated, occupied asset with multiple value-add opportunities created by the vacant, prepared condition of the remaining buildings. Proof of funds is required prior to any showings.

Key Highlights

Portfolio sale of six Detroit multifamily properties sold together as one package (no individual property sales).
14299 Fordham St: fully renovated and occupied single‑room rental with 62 rentable beds; rents $450–$595 per month per bed.
14296 Glenwood St: 20‑unit building about 50% rehabilitated; rough electrical and plumbing work completed and approved.

Property Analytics

Property Profile Location Intelligence

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For sale
Apartment buildings
MI
Detroit
48238
10820 SCHOOLCRAFT St

What type of property is this?

Apartment building - Portfolio sale of six Detroit multifamily buildings with a mix of renovated income and vacant, dried-in structures ready for renovation.

Where is this apartment building located?

The property is located at 10820 SCHOOLCRAFT St Detroit, MI.

What is the asking price?

The asking price for this property is $2,999,999.

What are key features of this property?

This property features: Portfolio sale of six Detroit multifamily properties sold together as one package (no individual property sales).; 14299 Fordham St: fully renovated and occupied single‑room rental with 62 rentable beds; rents $450–$595 per month per bed.; 14296 Glenwood St: 20‑unit building about 50% rehabilitated; rough electrical and plumbing work completed and approved.