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Mixed-Use Apartment Building

15523 Mack Avenue Detroit, MI 48224

15523 Mack Avenue, Detroit, MI, 48224
$1,000,000
For Sale
$1,000,000

MULTI_FAMILY - Art Deco - Detroit, MI

Property Size14,592 SF
Lot Size0.17 Acres
Price / SF$68.53
Days on Market48

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
Rooms
Bedroom 3, Bedroom 16, Bathroom 12, Bathroom 19, Bathroom 7, Bedroom 2, Bathroom 14, Bathroom 11, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 17, Bedroom 4, Basement, Bathroom 6, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 14, Bedroom 11, Bedroom 12, Bathroom 10, Bathroom 18, Bathroom 8, Bathroom 20, Bedroom 15, Bathroom 9, Bedroom 13, Bathroom 16, Bedroom 1, Bedroom 9, Bedroom 10, Bathroom 2, Bathroom 15, Bathroom 1, Bathroom 13, Bedroom 8
Pets allowed
Yes
Exterior features
Fenced
Fencing
Fenced
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

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 Updated: Jul 9 at 3:19AM Checked: Jul 21 at 4:06PM
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, this mixed-use apartment building offers 18 residential units and two commercial spaces. The property is positioned along the Mack Avenue corridor and is described as directly across from Grosse Pointe. The offering includes city-approved redevelopment plans available for purchase separately.

The property is presented as being minutes from Downtown Grosse Pointe, Corewell Health Beaumont Grosse Pointe Hospital, and Downtown Detroit, with access to a corridor supported by established commercial activity and residential demand. The seller notes multiple income streams and redevelopment/repositioning opportunities through renovation, lease-up, rent growth, commercial occupancy, operational improvements, and adaptive reuse considerations.

The remarks also state the property may be eligible for Brownfield TIF, OPRA, PILOT programs, SBA financing, and potential 4% LIHTC incentives. Proof of funds and a Hold Harmless Agreement are required prior to scheduling a showing, and buyers and agents are directed to verify all information and complete due diligence.

Key Highlights

  • 20‑unit mixed‑use property across from Grosse Pointe at 15523 Mack Avenue (18 residential units and 2 commercial spaces).
  • Brick Art Deco building built in 1929 with steam and radiant heating.
  • Property features include fenced exterior and public water supply.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Real Estate Agency Nail Salon Parking Lot & Garage Spa & Massage Center HVAC Service Daycare Center Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Multi-family asset with 18 residential units and two commercial spaces on the Mack Avenue corridor, for sale in Detroit.
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 mixed‑use property across from Grosse Pointe at 15523 Mack Avenue (18 residential units and 2 commercial spaces).; Brick Art Deco building built in 1929 with steam and radiant heating.; Property features include fenced exterior and public water supply.
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