18055 Schoenherr St Detroit, MI 48205
Six Detroit apartment buildings offered together, including an occupied renovated property and five vacant or partially rehabbed buildings.
Property Features for 18055 Schoenherr St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1929
Listing office eXp Realty (888) 501-7085
Listing date Jun 20, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
The seller is located out of state and is selling the entire portfolio rather than continuing remote management. Individual property sales are not being considered at this time. Proof of funds is required prior to showings, and prospective buyers are instructed to drive by the properties before requesting access.
For investors or developers seeking scale in one transaction, the package combines an existing occupied asset at 14299 Fordham Street with multiple buildings that have already been cleaned out and secured, and one that is mid-rehabilitation with approved rough electrical and plumbing work. This configuration can support a staged redevelopment approach across the portfolio.
Key Highlights
- Six multifamily properties in Detroit sold together as one portfolio package (no individual property sales).
- 14299 Fordham Street: fully renovated and occupied; operating as single‑room rentals with 62 rentable beds at $450–$595/month per bed.
- 14296 Glenwood Street: 20‑unit building about 50% rehabilitated; rough electrical and plumbing completed and approved.