Apartment Building With Updated
For Sale
$456,000
16701 Greenfield Rd, Detroit, MI 48235
Professionally managed multifamily property with refreshed interiors in many units and updated kitchen finishes.
Property Size10,950 SF
Days on Market11
Property Features for 16701 Greenfield Rd
General Information
Standard status
Active
Size
10,950 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$40,285
Building Details
Building Size
10,950 SF
Year Built
1954
Units
12
Listing Agency:
(313) 752-0000
Listed By:
Omar Ghazzawi · License #6501370114
(313) 752-0000
Source:
Elliman
Added: Aug 1
Changed: Aug 10
Last Checked: Aug 11 at 6:57AM
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 Omar Ghazzawi
Investment Insights
Based on property information with market context.
This 1954 apartment building at 16701 Greenfield Rd in Detroit includes refreshed interiors in many units, with new vinyl flooring and kitchen improvements. The property is professionally managed, and the boiler and hot water tanks are identified as being in great shape.
The location records a Walk Score of 50, a Transit Score of 50, and a BikeScore of 34, indicating car-dependent access with some available transit and bike connectivity. The property is situated in the Greenfield and W McNichols community.
The location records a Walk Score of 50, a Transit Score of 50, and a BikeScore of 34, indicating car-dependent access with some available transit and bike connectivity. The property is situated in the Greenfield and W McNichols community.
Key Highlights
- Many units feature new vinyl floors and kitchen improvements
- Professionally managed apartment property
- Boiler and hot water tanks reported in great shape
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Explore this area
Business Placement
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Professionally managed multifamily property with refreshed interiors in many units and updated kitchen finishes.
Where is this apartment building located?
The property is located at 16701 Greenfield Rd Detroit, MI.
What is the asking price?
The asking price for this property is $456,000.
What are key features of this property?
This property features: Many units feature new vinyl floors and kitchen improvements; Professionally managed apartment property; Boiler and hot water tanks reported in great shape
