15-Unit Multifamily Investment
For Sale
$1,390,000
Pending
15401 MEYERS Rd, Detroit, MI 48227
Fifteen-unit rental property with recent upgrades, fully leased.
Property Size1,623 SF
Lot Size0.07 Acres
Days on Market272
Property Features for 15401 MEYERS Rd
General Information
Standard status
Pending
Size
1,623 SF
Lot size
0.07 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,805
Building Details
Building Size
1,623 SF
Year Built
1996
Units
15
Listing Agency:
NextHome All Pro Realty
(248) 308-3803
Listed By:
Dewayne White
(248) 308-3803
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 15
Last Checked: Aug 26 at 10:21AM
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 NextHome All Pro Realty
Investment Insights
Based on property information with market context.
This offering presents a fifteen-unit rental property featuring a mix of standalone and side-by-side townhouse units. Each unit includes a one-car attached garage. Recent upgrades include new flooring, paint, garage door openers, and countertops. The addresses included in the sale range from 15407 to 15487 Meyers. All units are currently leased, with tenants responsible for all expenses excluding property taxes.
Key Highlights
- Significant investment opportunity with this 15‑unit rental property.
- Immediate income provided by fully leased units.
- Maximize owner profit, tenants responsible for all expenses except property tax.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 48227, MI
40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fifteen-unit rental property with recent upgrades, fully leased.
Where is this apartment building located?
The property is located at 15401 MEYERS Rd Detroit, MI.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Significant investment opportunity with this 15‑unit rental property.; Immediate income provided by fully leased units.; Maximize owner profit, tenants responsible for all expenses except property tax.
