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32-Unit Apartment Building
For Sale
$800,000

14440 Frankfort Street, Detroit, MI 48224

MULTI_FAMILY - Other - Detroit, MI

Property Size32,934 SF
Lot Size0.75 Acres
Price / SF$24.29
Days on Market56

Property Features for 14440 Frankfort Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial,Multi-Family
Bedrooms 44
Bathrooms 32
Full bathrooms 32
Rooms Bedroom 37, Bathroom 9, Bedroom 10, Bedroom 33, Bathroom 12, Bedroom 32, Bedroom 28, Bathroom 2, Bathroom 26, Bedroom 38, Bedroom 3, Basement, Bedroom 27, Bedroom 29, Bathroom 5, Bathroom 28, Bedroom 16, Bathroom 8, Bathroom 16, Bedroom 14, Bathroom 13, Bedroom 17, Bedroom 36, Bedroom 11, Bedroom 43, Bathroom 22, Bedroom 41, Bedroom 4, Bathroom 20, Bathroom 3, Bedroom 34, Bedroom 2, Bathroom 32, Bedroom 15, Bedroom 40, Bathroom 15, Bedroom 12, Bathroom 19, Bathroom 31, Bathroom 11, Bedroom 1, Bedroom 20, Bedroom 6, Bedroom 9, Bedroom 31, Bathroom 27, Bedroom 5, Bathroom 1, Bedroom 44, Bedroom 25, Bedroom 22, Bathroom 7, Bedroom 26, Bathroom 24, Bedroom 42, Bathroom 18, Bedroom 8, Bedroom 35, Bedroom 21, Bathroom 21, Bedroom 13, Bathroom 23, Bathroom 6, Bathroom 17, Bedroom 7, Bathroom 14, Bedroom 39, Bathroom 4, Bedroom 30, Bathroom 10, Bathroom 30, Bedroom 24, Bathroom 25, Bedroom 18, Bedroom 19, Bedroom 23, Bathroom 29
Pets allowed Yes
Interior features 220 Volts, Circuit Breakers
Exterior features Fenced
Fencing Fenced
Subdivision Jefferson Park Land Co Ltd 1
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions North Of E Warren Ave, East Of Chalmers
Standard status Active
APN W21I003112S
Size 32,934 SF
Lot size 0.75 Acres

Taxes and HOA fees

Tax Description S FRANKFORT DR 1000 THRU 1004 JEFFERSON PARK LAND COMPANY LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 229.61 X 143
Tax Annual Amount 58087
Legal Description S FRANKFORT DR 1000 THRU 1004 JEFFERSON PARK LAND COMPANY LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 229.61 X 143

Utilities

Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1958
Floors in Building 3
Number of units 32
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: Match Realty
Listed By: Jiryes Jarrous · License #6501434076
Added: Jun 15 Changed: Aug 4 Last Checked: Aug 9 at 5:06AM
MLS# 20261040948

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 32-unit apartment building features a total of 32,934 square feet and a unit mix of 20 one-bedroom units and 12 two-bedroom units. Built in 1958, the property has brick construction, hot water heating, an asphalt roof, and fencing on site. Interior electrical features include 220 volts and circuit breakers.

Significant major capital improvements were completed in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, which may reduce upfront renovation scope for the next owner.

The listing is positioned as a multifamily acquisition opportunity with 1031 exchange considerations.

Key Highlights

  • 32‑unit apartment building with 32,934 square feet of residential space
  • Unit mix: 20 one‑bedroom units and 12 two‑bedroom units
  • Major 2021 capital improvements: new windows, new roof, new siding

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

319
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 - Apartment building with a mix of one- and two-bedroom units, plus 2021 exterior and systems upgrades.
Where is this apartment building located?
The property is located at 14440 Frankfort Street 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‑unit apartment building with 32,934 square feet of residential space; Unit mix: 20 one‑bedroom units and 12 two‑bedroom units; Major 2021 capital improvements: new windows, new roof, new siding
More about this property
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