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Multifamily Property Near Highways
For Sale
$109,000

14616 Monica St, Detroit, MI 48238

Built in 1929 with access to nearby restaurants, shops, and major highways.

Property Size1,850 SF
Price / SF$58.92
Days on Market68

Property Features for 14616 Monica St

General Information

Standard status Active
Size 1,850 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes

Building Details

Year Built 1929
Listing Agency: Munoz Realty Inc
Listed By: Gaston Munoz · License #6501354648
Source: Premiermichiganhomesearch
Added: Jul 19 Changed: Sep 8 Last Checked: Sep 24 at 11:22AM

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 Munoz Realty Inc

Investment Insights

Based on property information with market context.

This multifamily property was built in 1929 and is located at 14616 Monica St in Detroit’s southwest area. The surrounding setting provides access to restaurants, shops, and major highways, supporting convenient connectivity for the property.

Key Highlights

  • Multifamily property built in 1929
  • Located at 14616 Monica St, Detroit, MI 48238
  • Situated in southwest Detroit

Property Analytics

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Current Use

Neighborhood BUG Association Or Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

375
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Built in 1929 with access to nearby restaurants, shops, and major highways.
Where is this multifamily property located?
The property is located at 14616 Monica St Detroit, MI.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Multifamily property built in 1929; Located at 14616 Monica St, Detroit, MI 48238; Situated in southwest Detroit
More about this property
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