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Multi-Family Homes and Vacant Land
For Sale
$50,000

13405 Greiner St, Detroit, MI 48205

Two multi-family homes and vacant land for sale together.

Property Size9,878 SF
Days on Market111

Property Features for 13405 Greiner St

General Information

Standard status Active
Size 9,878 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,810

Building Details

Building Size 9,878 SF
Year Built 1928
Units 16
Listing Agency: SCS Great Lakes INC
Listed By: Erick Monzo
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 16 at 4:41AM

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 SCS Great Lakes INC

Investment Insights

Based on property information with market context.

This bundled package includes two multi-family homes located at 13405 and 13413 Greiner St, as well as vacant land parcels at the same addresses. The multi-family properties generate rental income. The adjacent vacant lots provide space for expansion or new construction. The location is in a growing area. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The bike score is 49, indicating it is somewhat bikeable. The walk score is 42, indicating it is car-dependent. The transit score is 46, indicating some transit is available.

Key Highlights

  • Bundled package includes two multi‑family homes and vacant land parcels.
  • Generates steady rental income.
  • Vacant lots provide space for expansion or new construction.

Property Analytics

Current Use

Lewis Bill Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Residential land & home lot - Two multi-family homes and vacant land for sale together.
Where is this residential land & home lot located?
The property is located at 13405 Greiner St Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Bundled package includes two multi‑family homes and vacant land parcels.; Generates steady rental income.; Vacant lots provide space for expansion or new construction.
More about this property
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