19-Unit Multifamily Investment
13205 La Salle, Detroit, MI 48238
Brick multifamily property in appreciating area with immediate cash flow.
Type:Multi-Family
Lot size:
0.20 Acres- Added:
- Mar 10, 2026
- Days on Market:
- 74
- Last Refresh:
- Apr 5 at 11:25 pm
Property Features for 13205 La Salle
General Information
- Standard status
- Active
- Lot size
- 0.20 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1927
Listing agent Justin Zehel License #MI (586) 979-3398
Listing office KW Central (586) 979-3398
Listing date Mar 10, 2026
Source Kw
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All listing content including descriptions, pricing, images are the copyrighted material of KW Central
HighLights
- High‑performing asset with 95% occupancy, providing immediate cash flow.
- Value‑add opportunity with potential to strategically increase rents.
- Major capital improvements completed: newer boiler, updated vinyl windows, newer electrical panel, renovated common areas.
- Located in a rapidly appreciating Dexter/Linwood area, a high‑demand rental corridor in Detroit.
- Desirable unit mix: 16 one‑bedroom, one‑bath units and 3 studio units.
- Solid brick construction with a strong foundation and minimal deferred maintenance.
Overview
This 19-unit brick multifamily property is located in the Dexter/Linwood area. The property is currently 95% occupied and offers cash flow with upside potential. The unit mix consists of 16 one-bedroom, one-bath units and 3 studio units. This property presents a value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have been completed, including a newer boiler, updated vinyl windows, a newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building features solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit’s active and improving rental markets, this property offers both stability and appreciation potential. It is suited for investors seeking in-place income with room to force value and maximize returns.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1257
- Latitude
- 42.4111
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Brick multifamily property in appreciating area with immediate cash flow.
Where is this apartment building located?
The property is located at 13205 La Salle Detroit, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High‑performing asset with **95% occupancy, providing immediate cash flow.**; Value‑add opportunity with potential to strategically increase rents.; **Major capital improvements completed:** newer boiler, updated vinyl windows, newer electrical panel, renovated common areas.
