Multifamily Investment Opportunity in
For Sale
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13325 La Salle Blvd, Detroit, MI 48238
15-unit apartment building in a growing residential district.
Property Size9,048 SF
Lot Size0.21 Acres
Price / SF$26.53
Days on Market233
Property Features for 13325 La Salle Blvd
General Information
Standard status
Active
Size
9,048 SF
Class
C
Lot size
0.21 Acres
Property subtype
Multifamily
Zoning
R5
Investment Type
Redevelopment
Building Details
Buildings
1
Stories
2
Units
15
Listing Agency:
Encore Real Estate Investment Services
(313) 919-1935
Listed By:
Kishon Harbert · License #MI 6501402939
Source:
Crexi
Added: Jan 2
Changed: Aug 13
Last Checked: Aug 22 at 2:37PM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This 15-unit apartment building presents a multifamily investment opportunity in the Dexter–Linwood neighborhood. The property, located at 13325 La Salle Blvd, is situated on a 0.21-acre lot and features 9,048 sq ft of building area. Zoned R5, the property is positioned within the BBE Dexter/Linwood West improvement focus area, benefiting from ongoing neighborhood investment and redevelopment. Its high-density zoning, street presence, and proximity to major corridors make it suitable for investors or developers looking to reposition, stabilize, or revitalize a multifamily property in a growing residential district. The sale is contingent upon the execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five tax years following transfer of ownership, which may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Key Highlights
- Strong multifamily investment opportunity in the Dexter–Linwood neighborhood.
- 15‑unit R5‑zoned apartment building.
- Located within the BBE Dexter/Linwood West improvement focus area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
Demographics for 48238, MI
25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 15-unit apartment building in a growing residential district.
Where is this apartment building located?
The property is located at 13325 La Salle Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Strong multifamily investment opportunity in the Dexter–Linwood neighborhood.; 15‑unit R5‑zoned apartment building.; Located within the BBE Dexter/Linwood West improvement focus area.
