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Four-Unit Apartment Building
For Sale
$750,000

1451 Livernois Ave, Detroit, MI 48209

Well-maintained multifamily property with separate entrances and dedicated mechanical systems for each residence.

Property Size8,000 SF
Price / SF$93.75
Days on Market50

Property Features for 1451 Livernois Ave

General Information

Standard status Active
Size 8,000 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 8

Building Details

Year Built 1908
Buildings 2
Listing Agency: Own It Realty
Listed By: Alex Farhat · License #6506047996
Source: Premiermichiganhomesearch
Added: Aug 26 Changed: Oct 11 Last Checked: Oct 7 at 2:56PM

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 Own It Realty

Investment Insights

Based on property information with market context.

This 1908 multifamily building contains four two-bedroom residences, each arranged with a separate entrance. Every unit has its own new furnace and water tank, supporting independent mechanical operation across the property. The building is offered as-is and is described as well maintained.

The sale requires the adjacent 6331 Regular property to be purchased as part of the same transaction. That building adds another four two-bedroom units, while an associated parking area and vacant lot are also included. The property is in Southwest Detroit near the new Gordie Howe Bridge, with a BikeScore of 86, a WalkScore of 83, and a TransitScore of 44.

Key Highlights

  • Four 2‑bedroom units in the primary building
  • Separate entrance for each unit
  • Each unit has a new furnace and water tank

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center HVAC Service Law Firm Kitchen & Bath Showroom Computer & Electronic Repair

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

497
Businesses Nearby

Demographics for 48209, MI

27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Well-maintained multifamily property with separate entrances and dedicated mechanical systems for each residence.
Where is this quadplex located?
The property is located at 1451 Livernois Ave Detroit, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four 2‑bedroom units in the primary building; Separate entrance for each unit; Each unit has a new furnace and water tank
More about this property
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