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 Market200
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
Listed By:
Dewayne White
(248) 308-3803
Source:
Elliman
Added: Mar 11
Changed: Sep 13
Last Checked: Sep 26 at 11:59AM
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.
A 15-unit rental property is available, featuring a standalone building 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 properties for sale are located on Meyers Road, with addresses ranging from 15407 to 15487. All units are currently leased, and tenants are responsible for all expenses except property taxes.
Key Highlights
- 15‑unit rental property offering immediate income.
- Tenants responsible for all expenses except property tax.
- All units are currently leased.
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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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: 15‑unit rental property offering immediate income.; Tenants responsible for all expenses except property tax.; All units are currently leased.
