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Eight-Unit Apartment Building
New
For Sale
$99,900

5610 23rd Street, Detroit, MI 48208

The vacant property requires renovation and is near Core City and Northwest Goldberg.

Property SizeContact for details
Days on Market5

Property Features for 5610 23rd Street

General Information

Standard status Active
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence Needs renovation

Additional Details

Public Transit Yes
Multifamily Units 8

Building Details

Buildings 1
Listing Agency: REMAX City Centre
Listed By: De'Janae Blunt
Source: Alexmi
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 5 at 6:39PM

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 REMAX City Centre

Investment Insights

Based on property information with market context.

This 8-unit apartment building was constructed in 1909 and is vacant. Renovation is needed before it can be occupied.

The property is near Core City and Northwest Goldberg in Detroit. WalkScore is 53, BikeScore is 71, and TransitScore is 51.

Key Highlights

  • 8‑unit apartment building
  • Built in 1909
  • Vacant; renovation needed

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon HVAC Service

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The vacant property requires renovation and is near Core City and Northwest Goldberg.
Where is this apartment building located?
The property is located at 5610 23rd Street Detroit, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 8‑unit apartment building; Built in 1909; Vacant; renovation needed
More about this property
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