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8-Unit Apartment Building
For Sale
$600,000

13660 Ohio Street, Detroit, MI 48238

Eight updated two-bedroom residences are fully leased, with individual furnaces and utility service for each unit.

Property Size5,832 SF
Price / SF$102.88
Days on Market202

Property Features for 13660 Ohio Street

General Information

Standard status Active
Size 5,832 SF
Property subtype Commercial
Zoning Commercial
Occupancy 100%

Site & Location

Neighborhood Davison-Schoolcraft
Highway Access Yes

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8
Individually Metered Utilities gas, electric

Additional Details

Average Monthly Rent $1,000
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $18,932

Building Details

Building Size 5,832 SF
Year Built 1927
Stories 2
Units 8
Listing Agency: Keller Williams Somerset
Listed By: James T Silver · License #6502374648
Source: Carterassociatesrealty
Added: Apr 15 Changed: Oct 29 Last Checked: Oct 29 at 7:29PM

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 Keller Williams Somerset

Rey
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Investment Insights

Based on property information with market context.

This Detroit apartment property contains eight updated residences, each configured with two bedrooms and one full bathroom. The building totals 5,832 square feet and was built in 1927. Each unit has a separate address, furnace, and utility service, and the property is fully occupied. Zoning is Commercial.

The property is near I-96, with access to University of Detroit Mercy, Detroit Golf Club, and area hospitals. Tenants pay their own gas and electricity; water is paid by the landlord.

The roof is approximately 8 years old, and the hot water tanks are approximately 1–2 years old. Furnaces are approximately 18 years old, with 3–4 replaced in recent years.

Key Highlights

  • Eight 2‑bedroom, 1‑bathroom units; 5,832 square feet total
  • 100% occupied; all residences are updated and leased
  • Separate address, furnace, and utility service for each unit

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

265
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
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Market

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 - Eight updated two-bedroom residences are fully leased, with individual furnaces and utility service for each unit.
Where is this apartment building located?
The property is located at 13660 Ohio Street Detroit, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Eight 2‑bedroom, 1‑bathroom units; 5,832 square feet total; 100% occupied; all residences are updated and leased; Separate address, furnace, and utility service for each unit
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