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Two-Building Multifamily Portfolio
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16121-16161 & 16197-16211 Lawton, Detroit, MI 48221

Two adjacent apartment buildings offer 38 total units with secure entry and dedicated laundry facilities.

Property Size32,600 SF
Days on Market122

Property Features for 16121-16161 & 16197-16211 Lawton

General Information

Standard status Active
Size 32,600 SF
Total Parking Spaces 38
Property subtype Multifamily

Additional Details

Multifamily Units 38

Amenities

Clean Common Areas
Secure Magnetic Doors
Large Clean Laundry Facility
On Site Office
Well Maintained Grounds
Well Maintained Landscaping

Building Details

Tenancy Multi
Listing Agency: Global Real Estate Advisors (GREA)
Listed By: Cary Belovicz · License #MI 6502406329
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 4:40PM

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 Global Real Estate Advisors (GREA)

Investment Insights

Based on property information with market context.

The Lawton Portfolio is a two-building multifamily offering with 38 total units. Each building has 19 units, comprised of one-bedroom and two-bedroom layouts, with one-bedroom units totaling 800 square feet each and two-bedroom units totaling 900 square feet each. The property includes clean common areas, secure magnetic doors, a large laundry facility, and an on-site office. The exterior is described as well maintained, with landscaped grounds and parking lots located to the rear of each building.

The portfolio is situated within a neighborhood setting and is within walking distance to the University of Detroit Mercy.

Rent information provided includes one-bedroom rents varying from $525 to $710 per unit and two-bedroom rents varying from $565 to $809 per unit. Each building’s rear parking lot provides 19 spaces.

Key Highlights

  • Lawton Portfolio includes 2 adjacent apartment buildings near the University of Detroit Mercy (walkable area).
  • 38 total units: 16 one‑bedroom units and 22 two‑bedroom units.
  • One‑bedroom units average 800 SF; rents range from $525–$710 per unit.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Bakery Cafe & Coffee Shop Furniture & Home Goods

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

38
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
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 - Two adjacent apartment buildings offer 38 total units with secure entry and dedicated laundry facilities.
Where is this apartment building located?
The property is located at 16121-16161 & 16197-16211 Lawton Detroit, MI.
What are key features of this property?
This property features: Lawton Portfolio includes 2 adjacent apartment buildings near the University of Detroit Mercy (walkable area).; 38 total units: 16 one‑bedroom units and 22 two‑bedroom units.; One‑bedroom units average 800 SF; rents range from $525–$710 per unit.
More about this property
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