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20-Unit Mixed-Use Apartment Building
For Sale
$1,000,000

15523 Mack Avenue, Detroit, MI 48224

Multifamily, 2 Story, Detroit, MI

Property Size14,592 SF
Lot Size0.17 Acres
Price / SF$68.53
Days on Market94

Property Features for 15523 Mack Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial,Multi-Family,M
Bedrooms 16
Bathrooms 20
Full bathrooms 20
Rooms Bathroom 10, Bedroom 13, Bathroom 5, Basement, Bathroom 16, Bedroom 7, Bedroom 3, Bedroom 6, Bathroom 7, Bedroom 5, Bedroom 16, Bedroom 11, Bathroom 12, Bathroom 15, Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 20, Bathroom 2, Bathroom 9, Bathroom 1, Bedroom 10, Bedroom 12, Bathroom 18, Bedroom 14, Bedroom 1, Bathroom 11, Bathroom 13, Bedroom 15, Bathroom 14, Bathroom 19, Bedroom 8, Bedroom 9, Bathroom 8, Bedroom 4, Bedroom 2, Bathroom 17
Pets allowed Yes
Exterior features Fenced
Fencing Fenced
Subdivision More Than One Sub Involved
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Travel East on Mack Ave, Past Alter Rd
Standard status Active
APN W21I001422S
Size 14,592 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description N MACK E 0.14 FT ON S LINE BG E 0.10 FT ON N LINE OF 7 LYG N & ADJ MACK AVE 120 FT WD, 8 THRU 10 & S 1/2 OF VAC ALLEY ADJ EXC MACK AVE AS WD TO 120 FT NOTTINGHAM SUB L38 P26 PLATS W C R 21/465 4&5 & S 1/2 OF VAC ALLEY ADJ EXC MACK AVE AS WD TO 120 FT MEININGER SUB L46 P47 PLATS W C R 21/270 100.14 X 82.64A
Tax Annual Amount 28197
Legal Description N MACK E 0.14 FT ON S LINE BG E 0.10 FT ON N LINE OF 7 LYG N & ADJ MACK AVE 120 FT WD, 8 THRU 10 & S 1/2 OF VAC ALLEY ADJ EXC MACK AVE AS WD TO 120 FT NOTTINGHAM SUB L38 P26 PLATS W C R 21/465 4&5 & S 1/2 OF VAC ALLEY ADJ EXC MACK AVE AS WD TO 120 FT MEININGER SUB L46 P47 PLATS W C R 21/270 100.14 X 82.64A

Utilities

Heating system Steam, Radiant
Water source Public

Building Details

Year built 1929
Floors in Building 2
Number of units 20
Building materials Brick
Roof type Rubber
Architectural style Art Deco
Listing Agency: EXP Realty Main
Listed By: Jay Naim · License #6501426431
Added: Jun 4 Changed: Sep 3 Last Checked: Sep 5 at 5:06PM
MLS# 20261040085

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.

Located at 15523 Mack Avenue in Detroit, this 20-unit mixed-use apartment property contains 18 residential units and 2 commercial spaces. The 14,592-square-foot building sits on 0.17 acres and was constructed in 1929 with brick materials and an Art Deco design. Interior and building systems include steam and radiant heat, while the property also features a rubber roof, public water, and a fenced exterior.

The property is positioned across from Grosse Pointe along Mack Avenue and is near Downtown Grosse Pointe, Corewell Health Beaumont Grosse Pointe Hospital, and Downtown Detroit. Commercial, Multi-Family, and M zoning are identified for the property. City-approved redevelopment plans are available for separate purchase, according to the listing information.

Key Highlights

  • 20‑unit configuration with 18 residential units and 2 commercial spaces
  • 14,592‑square‑foot building on a 0.17‑acre parcel
  • 1929 construction with brick materials and Art Deco architectural style

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Nail Salon Parking Lot & Garage Spa & Massage Center HVAC Service

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

18
Residential units

Location Intelligence

Trade Area within ½ mile

475
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 - Brick Art Deco property with residential and commercial space, public water, fenced grounds, and steam and radiant heating.
Where is this apartment building located?
The property is located at 15523 Mack Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 20‑unit configuration with 18 residential units and 2 commercial spaces; 14,592‑square‑foot building on a 0.17‑acre parcel; 1929 construction with brick materials and Art Deco architectural style
More about this property
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