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Unoccupied 47-Unit Apartment Building
For Sale
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17111 Second Ave, Detroit, MI 48203

Unoccupied 47-unit apartment building offered for sale as a residential income property.

Property Size33,182 SF
Days on Market680

Property Features for 17111 Second Ave

General Information

Standard status Active
Size 33,182 SF
Property subtype Multifamily
Zoning B4

Additional Details

Multifamily Units 47

Building Details

Building Size 33,182 SF
Year Built 1925
Buildings 1
Stories 4
Listing Agency: Signature Associates - Southfield
Listed By: Joe Stack
Source: Cpix.resimplifi
Added: Dec 9, 2024 Changed: Oct 1 Last Checked: Oct 19 at 3:26AM

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 Signature Associates - Southfield

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Investment Insights

Based on property information with market context.

This for-sale apartment building is unoccupied and configured as a 47-unit residential income property. The offering is being presented with the building status noted as unoccupied, which may streamline viewings and due diligence scheduling.

The property is located at 17111 Second Ave in Detroit, Michigan. Because no unit mix, on-site amenities, or interior condition details were provided, interested parties should plan to verify building systems and unit readiness during their inspection process.

All offers will be considered realistic, according to the property remarks.

Key Highlights

  • Unoccupied 47‑unit apartment building for sale
  • Year built: 1925

Property Analytics

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Lease Details

47
Residential units

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Unoccupied 47-unit apartment building offered for sale as a residential income property.
Where is this apartment building located?
The property is located at 17111 Second Ave Detroit, MI.
What are key features of this property?
This property features: Unoccupied 47‑unit apartment building for sale; Year built: 1925
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