Renovated Four-Unit Apartment
For Sale
$224,900
116 E Great Lakes St, River Rouge, MI 48218
Renovated four-unit building with direct entry to each unit and recent roof, HVAC, and window upgrades.
Property Size3,192 SF
Price / SF$70.46
Days on Market1709
Property Features for 116 E Great Lakes St
General Information
Standard status
Active
Size
3,192 SF
Class
B
Property subtype
Multifamily
Zoning
NR
Additional Details
Multifamily Units
4
Building Details
Building Size
3,192 SF
Year Built
1920
Year Renovated
2021
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Thomas A. Duke Company
Listed By:
Andrew G Battersby · License #6501384188
(248) 631-8085
Source:
Cpix.resimplifi
Added: Feb 23, 2022
Changed: Oct 25
Last Checked: Oct 28 at 4:50AM
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 Thomas A. Duke Company
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Investment Insights
Based on property information with market context.
This four-unit apartment building is offered for sale in River Rouge, MI. The property was completely renovated in 2021 and features direct entry to all four units. Recent improvements include a new roof in 2021, along with HVAC and window updates completed in 2017.
The building is within walking distance of Memorial Park and Belanger Park, providing convenient nearby access to outdoor recreation.
With four independently accessed units and a renovation history that includes major building components, the property presents a straightforward multifamily setup for an owner seeking a compact rental portfolio.
The building is within walking distance of Memorial Park and Belanger Park, providing convenient nearby access to outdoor recreation.
With four independently accessed units and a renovation history that includes major building components, the property presents a straightforward multifamily setup for an owner seeking a compact rental portfolio.
Key Highlights
- Four‑unit apartment building (built in 1920) in River Rouge, MI
- Completely renovated in 2021
- Direct entry to each of the four units
Property Analytics
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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Business Placement
Demographics for 48218, MI
7,271
Population
3,466
Households
2.1
Avg Household Size
34
Median Age
7%
College-Educated
78%
High-School Grad
2.2 sq mi
ZIP Area
3,305
Density / Sq Mi
$32,683
Median Household Income
$32,246
Median Earnings
$759
Median Rent
$56,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Renovated four-unit building with direct entry to each unit and recent roof, HVAC, and window upgrades.
Where is this quadplex located?
The property is located at 116 E Great Lakes St River Rouge, MI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Four‑unit apartment building (built in 1920) in River Rouge, MI; Completely renovated in 2021; Direct entry to each of the four units
