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33-Unit Multifamily Building
For Sale
Contact for pricing

250 Merton Rd, Highland Park, MI 48203

Unoccupied 33-unit apartment building available for sale.

Property Size26,168 SF
Days on Market635

Property Features for 250 Merton Rd

General Information

Standard status Active
Size 26,168 SF
Property subtype Multifamily
Zoning R5

Additional Details

Multifamily Units 33

Building Details

Building Size 26,168 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: Aug 8 Last Checked: Sep 5 at 3:46AM

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

Investment Insights

Based on property information with market context.

This for-sale multifamily property is a 33-unit apartment building and is currently unoccupied. The building is configured as residential income apartments, totaling 33 units.

The property is located at 250 Merton Rd in Highland Park, Michigan. All offers will be considered, with the seller indicating realistic offers.

Please note that no additional building condition details, unit mix, or amenity information were provided.

Key Highlights

  • Unoccupied 33‑unit apartment building for sale
  • Built in 1925

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Kitchen & Bath Showroom Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33
Residential units

Location Intelligence

Trade Area within ½ mile

416
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unoccupied 33-unit apartment building available for sale.
Where is this apartment building located?
The property is located at 250 Merton Rd Highland Park, MI.
What are key features of this property?
This property features: Unoccupied 33‑unit apartment building for sale; Built in 1925
More about this property
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