Eight-Unit Apartment
19161 Kelly Rd Grosse Pointe, MI 48224
For Sale
$395,000
Two-building apartment complex with eight units, recent improvements, and potential for a ninth garden-level unit.
Property Size5,092 SF
Price / SF$77.57
Days on Market650
Property Features for 19161 Kelly Rd
General Information
- Standard status
- Active
- Size
- 5,092 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1954
Listing Agency:
Thomas A. Duke Company
(248) 476-3700
Listed By:
Andrew G Battersby · License #6501384188
Source:
Cpix.resimplifi
Added: Oct 14, 2024
Changed: Jul 23
Last Checked: Jul 23 at 12:43PM
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
Investment Insights
Based on property information with market context.
This two-building apartment complex offers eight residential units for sale, including 19161 Kelly Rd and 16241 E 7 Mile Rd. The property has seen various improvements over the past year, and the current setup presents a potential value-add path through rent increases. There is also potential for a ninth unit on the garden level.
The complex is located on the northwest corner of E 7 Mile Rd and Kelly Rd on the Detroit/Harper Woods border, positioned on the east side of Detroit.
If you are evaluating an income-focused multifamily acquisition, this package provides an established eight-unit configuration with documented recent improvements and an additional expansion possibility at the garden level. Contact the broker for financial details.
The complex is located on the northwest corner of E 7 Mile Rd and Kelly Rd on the Detroit/Harper Woods border, positioned on the east side of Detroit.
If you are evaluating an income-focused multifamily acquisition, this package provides an established eight-unit configuration with documented recent improvements and an additional expansion possibility at the garden level. Contact the broker for financial details.
Key Highlights
- Two‑building, 8‑unit apartment complex for sale (19161 Kelly Rd & 16241 E 7 Mile Rd) in Detroit, MI
- Located on the northwest corner of E 7 Mile Rd and Kelly Rd, on the Detroit/Harper Woods border
- Year built: 1954
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Two-building apartment complex with eight units, recent improvements, and potential for a ninth garden-level unit.
Where is this apartment building located?
The property is located at 19161 Kelly Rd Grosse Pointe, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑building, 8‑unit apartment complex for sale (19161 Kelly Rd & 16241 E 7 Mile Rd) in Detroit, MI; Located on the northwest corner of E 7 Mile Rd and Kelly Rd, on the Detroit/Harper Woods border; Year built: 1954
