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19-Unit Brick Apartment Building

13535 La Salle Blvd, Detroit, MI 48238

For Sale
New
$499,000

Renovated interiors, on-site coin laundry and attached parking serve the property.

Property Size13,575 SF
Lot Size0.19 Acres
Price / SF$45.06
Days on Market2

Property Features for 13535 La Salle Blvd

General Information

Standard status Active
Size 13,575 SF
Lot size 0.19 Acres
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence cosmetic updates

Site & Location

Neighborhood Dexter-Fenkell
Highway Access Yes

Units

Unit Mix 14 x 1BR, 1 x 2BR, 4 x studio
Multifamily Units 19

Additional Details

Asking Price $499,000
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $35,746

Amenities

on-site coin laundry room

Building Details

Building Size 13,575 SF
Year Built 1929
Buildings 1
Stories 3
Units 19
Construction brick
Listing Agency: eXp Realty
Listed By: Jay Naim · License #6501426431
Source: Elliman
Added: Nov 6 Last Checked: Nov 6 at 2:33PM

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 eXp Realty

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Investment Insights

Based on property information with market context.

Built in 1929, this three-story brick apartment property contains 11,075 square feet on a 0.19-acre site. Its 19 apartments comprise 14 one-bedroom units, four studios and one two-bedroom unit. More than half have been renovated, with luxury vinyl plank flooring and updated kitchens and bathrooms. Building improvements include a rubber roof and a boiler installed in 2023; the attached parking lot is enclosed by new fencing. An on-site coin laundry room is also in place.

The property is near the Davison Freeway, I-96 and I-75, providing regional highway connections. One apartment is currently occupied. The remaining units and completed interior work are part of the property's current configuration.

Key Highlights

  • 19 apartments: 14 one‑bedroom units, four studios and one two‑bedroom unit
  • 11,075 square feet on 0.19 acre; three‑story brick construction
  • More than half of the apartments have renovated interiors, including updated kitchens and bathrooms

Property Analytics

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Lease Details

19
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Detroit, MI

$140 Jul
$147 Aug
$118 Sep
$125 Oct

Properties on Market for Apartment buildings in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated interiors, on-site coin laundry and attached parking serve the property.
Where is this apartment building located?
The property is located at 13535 La Salle Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 19 apartments: 14 one‑bedroom units, four studios and one two‑bedroom unit; 11,075 square feet on 0.19 acre; three‑story brick construction; More than half of the apartments have renovated interiors, including updated kitchens and bathrooms
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