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12-Unit Multifamily Property
For Sale
Contact for pricing
Pending

10311 Cadieux Rd, Detroit, MI 48224

Two-building residential income property with separately metered electricity and hot water baseboard heating.

Property SizeContact for details
Days on Market146

Property Features for 10311 Cadieux Rd

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Buildings 2
Listing Agency: Vie Realty Group, Llc
Listed By: Aaron B. Lewis · License #6505404437
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 10:42PM

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 Vie Realty Group, Llc

Investment Insights

Based on property information with market context.

This 12-unit multifamily property comprises two buildings, with one boiler serving each building. The heating system uses hot water baseboards, and the property has two hot water tanks; both tanks were replaced 4 months ago.

Electricity is separately metered and paid by tenants, while ownership covers water and gas. The roof was replaced in 2016. The property is located at 10311 Cadieux Rd in Detroit, Michigan.

Key Highlights

  • 12‑unit multifamily property at 10311 Cadieux Rd, Detroit, MI 48224
  • Two buildings with 1 boiler serving each building
  • Electricity is separately metered and paid by tenants

Property Analytics

Current Use

Merlin Apartments Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Restaurant

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two-building residential income property with separately metered electricity and hot water baseboard heating.
Where is this multifamily property located?
The property is located at 10311 Cadieux Rd Detroit, MI.
What are key features of this property?
This property features: 12‑unit multifamily property at 10311 Cadieux Rd, Detroit, MI 48224; Two buildings with 1 boiler serving each building; Electricity is separately metered and paid by tenants
More about this property
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