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32-Unit Apartment Building
For Sale
$800,000

14440 Frankfort St, Detroit, MI 48224

Multifamily property with refreshed building systems and 12 renovated kitchens.

Property Size32,934 SF
Price / SF$24.29
Days on Market23

Property Features for 14440 Frankfort St

General Information

Standard status Active
Size 32,934 SF

Units

Unit Mix 20 x 1BR, 12 x 2BR
Multifamily Units 32

Building Details

Year Built 1958
Year Renovated 2021
Buildings 1
Listing Agency: Match Realty
Listed By: Jiryes Jarrous · License #6501434076
Source: Katie-k
Added: Aug 7 Changed: Aug 28 Last Checked: Aug 28 at 1:11PM

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 Match Realty

Investment Insights

Based on property information with market context.

This 32-unit apartment property contains 32,934 square feet and was built in 1958. The unit mix includes 20 one-bedroom apartments and 12 two-bedroom apartments, providing a defined combination of smaller and larger layouts. Twelve kitchens have been renovated, while broader property improvements completed in 2021 included windows, roofing, siding, plumbing, and electrical work.

The property is located at 14440 Frankfort St in Detroit’s Chandler Park area. Its existing apartment configuration and completed building upgrades provide a clear physical profile for continued multifamily ownership or repositioning. The sale includes the renovated kitchens and the building improvements described above.

Key Highlights

  • 32,934‑square‑foot apartment building with 32 units
  • Unit mix includes 20 one‑bedroom and 12 two‑bedroom apartments
  • 2021 updates included new windows, roof, siding, plumbing, and electrical work

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency 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.

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 48224, MI

39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
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 with refreshed building systems and 12 renovated kitchens.
Where is this apartment building located?
The property is located at 14440 Frankfort St Detroit, MI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 32,934‑square‑foot apartment building with 32 units; Unit mix includes 20 one‑bedroom and 12 two‑bedroom apartments; 2021 updates included new windows, roof, siding, plumbing, and electrical work
More about this property
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