Brick Multifamily
New
For Sale
$89,000
5050 Buckingham Ave, Detroit, MI 48224
Brick multifamily asset with updates in place and additional work remaining for completion.
Property Size2,058 SF
Price / SF$43.25
Days on Market5
Property Features for 5050 Buckingham Ave
General Information
Standard status
Active
Size
2,058 SF
Property subtype
Multi-Family
Building Details
Year Built
1928
Construction
brick
Listing Agency:
Berkshire Hathaway Homeservices Kee Realty Browns
(248) 266-0584
Listed By:
Oak & Stone Real Estate
(248) 266-0584
Source:
Oakandstonerealestate
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 29 at 8:56AM
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 Berkshire Hathaway Homeservices Kee Realty Browns
Investment Insights
Based on property information with market context.
Built in 1928, this brick multifamily property contains 2,058 of stated property size and has already received some updates. Additional work remains, creating a renovation-oriented acquisition profile for a new owner.
The property is located at 5050 Buckingham Ave in Detroit, Michigan, with a 48224 ZIP code. Its multifamily classification and existing brick construction provide the core physical characteristics for continued residential income use.
The property is located at 5050 Buckingham Ave in Detroit, Michigan, with a 48224 ZIP code. Its multifamily classification and existing brick construction provide the core physical characteristics for continued residential income use.
Key Highlights
- Brick multifamily construction
- Built in 1928
- 2,058 stated property size
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Brick multifamily asset with updates in place and additional work remaining for completion.
Where is this multifamily property located?
The property is located at 5050 Buckingham Ave Detroit, MI.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Brick multifamily construction; Built in 1928; 2,058 stated property size
