13205 La Salle, Detroit, MI 48238

Building Details

Year Built

1927

Listing office Eagle Realty LLC d/b/a Keller Williams Eagle Realty z***@proteamkw.com Show Phone

Listing date Feb 13, 2026

Source Kw

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 Eagle Realty LLC d/b/a Keller Williams Eagle Realty

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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.

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Hair Salon Spa & Massage Center Accounting Firm Nursing Home Bar & Pub Bakery Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Detroit

County

Wayne

State

Michigan

Longitude

-83.1257

Latitude

42.4111

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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 $950,000.

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.