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29-Unit Brick Apartment Building
For Sale
$1,500,000

653 Whitmore Rd, Highland Park, MI 48203

Brick multifamily property with dedicated parking, full-basement storage, and unit furnaces installed in 2023.

Property Size24,280 SF
Price / SF$61.78
Days on Market692

Property Features for 653 Whitmore Rd

General Information

Standard status Active
Size 24,280 SF
Property subtype Multifamily
Zoning R5

Additional Details

Road Access Yes
Multifamily Units 29

Amenities

parking lot
basement storage

Building Details

Building Size 24,280 SF
Year Built 1936
Buildings 1
Stories 2
Construction brick
Listing Agency: Thomas A. Duke Company
Listed By: Frank Rakipi
Source: Cpix.resimplifi
Added: Oct 14, 2024 Changed: Aug 29 Last Checked: Aug 29 at 3:03PM

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.

Built in 1936, this 24,280-square-foot brick apartment property contains 29 units with spacious condo-style layouts. Each unit has a furnace installed in 2023, while the full basement provides additional storage. A dedicated parking lot serves the building, and the property is zoned R5.

The property is positioned on the south side of Whitmore Rd, north of McNichols Rd, in Palmer Park. It directly adjoins the Detroit Golf Club, providing a defined recreational setting near the building. The combination of unit count, parking, basement storage, and updated heating equipment supports a practical multifamily configuration.

Key Highlights

  • 29‑unit apartment building totaling 24,280 square feet
  • Brick construction completed in 1936
  • Dedicated parking lot

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

29
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

420
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 - Brick multifamily property with dedicated parking, full-basement storage, and unit furnaces installed in 2023.
Where is this apartment building located?
The property is located at 653 Whitmore Rd Highland Park, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 29‑unit apartment building totaling 24,280 square feet; Brick construction completed in 1936; Dedicated parking lot
More about this property
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