Listing Agency: Colliers - Royal Oak/Detroit, Michigan Show Phone

Listed By: Ben Hubert · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:52PM

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Investment Insights

Based on property information with market context.

This apartment building contains 14 residential units and is offered as a multifamily property. The asset is located at 14022 LA Salle Boulevard in Detroit, Michigan 48238.

Key Highlights

• 14 residential units
• Apartment building asset type
• Located at 14022 LA Salle Boulevard, Detroit, MI 48238

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon 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

14

Residential units

Location Intelligence

Trade Area within ½ mile

392

Businesses Nearby

Explore this area Business Placement

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

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 - Multifamily property configured for residential income use.

Where is this apartment building located?

The property is located at 14022 LA Salle Boulevard Detroit, MI.

What are key features of this property?

This property features: 14 residential units; Apartment building asset type; Located at 14022 LA Salle Boulevard, Detroit, MI 48238