8-Unit Apartment
For Sale
$224,900
16005 Schoolcraft St, Detroit, MI 48227
A shared entrance serves the apartments, and the property is offered in as-is condition.
Property Size7,005 SF
Days on Market10
Property Features for 16005 Schoolcraft St
General Information
Standard status
Active
Size
7,005 SF
Property subtype
Investment
Site & Location
Neighborhood
Schoolcraft Southfield
Public Transit
Yes
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$20,426
Building Details
Building Size
7,005 SF
Year Built
1967
Units
8
Listing Agency:
Williams Ranch Group Llc
Listed By:
Richard Williams · License #100056367
(313) 658-6400
Source:
Elliman
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 30 at 3:31PM
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 Williams Ranch Group Llc
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Investment Insights
Based on property information with market context.
This 8-unit apartment building in Detroit was constructed in 1967 and has a common entrance. The property is being sold as-is.
The recorded scores are 36 for walking, 44 for biking, and 49 for transit access.
The recorded scores are 36 for walking, 44 for biking, and 49 for transit access.
Key Highlights
- 8‑unit apartment building
- Common entrance serves the apartments
- Built in 1967
Property Analytics
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Apartment building - A shared entrance serves the apartments, and the property is offered in as-is condition.
Where is this apartment building located?
The property is located at 16005 Schoolcraft St Detroit, MI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 8‑unit apartment building; Common entrance serves the apartments; Built in 1967
