Turnkey Multifamily Apartment
For Sale
$6,900,000
30 E PHILADELPHIA Street, Detroit, MI 48202
Fully renovated four-story, 44-unit multifamily building with a skylit atrium and new major building systems.
Property SizeContact for details
Days on Market52
Property Features for 30 E PHILADELPHIA Street
General Information
Standard status
Active
Property subtype
Multi-Family
Net Operating Income
$480,251
Taxes and HOA fees
Annual Taxes
$8,265
Building Details
Year Built
1923
Listing Agency:
(734) 369-8239
Listed By:
J. Keller Properties, LLC
(734) 369-8239
Source:
Jkellerproperties.idxbroker
Added: Jul 1
Changed: Aug 14
Last Checked: Aug 20 at 4:04AM
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 J. Keller Properties, LLC
Investment Insights
Based on property information with market context.
The Atrium Apartments is a fully renovated, four-story multifamily building with 44 apartments arranged across a mix of studio, one-bedroom, and two-bedroom units. The property’s design centers on an atrium with skylights, creating an interior focal point intended to bring natural light into the building. The offering includes a Woodward-facing parking lot with 18 dedicated spaces, along with ample street parking.
The building is positioned just off Woodward Avenue in the North End. A separate component of the offering is 8444 Woodward, a parking lot with dedicated parking.
According to the provided information, major systems have been replaced, including electrical, plumbing, HVAC, fire suppression, a new elevator, and a fire alarm system. Apartment interiors feature modern kitchens with custom granite countertops, exposed brick accents, and luxury flooring.
The building is positioned just off Woodward Avenue in the North End. A separate component of the offering is 8444 Woodward, a parking lot with dedicated parking.
According to the provided information, major systems have been replaced, including electrical, plumbing, HVAC, fire suppression, a new elevator, and a fire alarm system. Apartment interiors feature modern kitchens with custom granite countertops, exposed brick accents, and luxury flooring.
Key Highlights
- Fully renovated 4‑story, 44‑unit multifamily building (year built 1923) with a skylit atrium featuring skylights
- Unit mix: 18 studios, 22 one‑bedroom units, and 4 two‑bedroom units
- All major systems brand new: electrical, plumbing, HVAC, fire suppression, new elevator, and fire alarm system
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated four-story, 44-unit multifamily building with a skylit atrium and new major building systems.
Where is this apartment building located?
The property is located at 30 E PHILADELPHIA Street Detroit, MI.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Fully renovated 4‑story, 44‑unit multifamily building (year built 1923) with a skylit atrium featuring skylights; Unit mix: 18 studios, 22 one‑bedroom units, and 4 two‑bedroom units; All major systems brand new: electrical, plumbing, HVAC, fire suppression, new elevator, and fire alarm system
