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    18055 Schoenherr St, Detroit, MI 48205

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    For Sale
    $2,999,999

    Six Detroit apartment buildings offered together, including an occupied renovated property and five vacant or partially rehabbed buildings.

    Type:Investment
    Added:
    Jun 20, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 21 at 2:09 am

    Property Features for 18055 Schoenherr St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1929

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    John Goci

    Listing office eXp Realty

    Listing date Jun 20, 2026

    Source Elliman

    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 eXp Realty

    HighLights

    • Six multifamily properties in Detroit sold together as one portfolio package (no individual property sales).
    • 14299 Fordham Street: fully renovated and occupied; operating as single‑room rentals with 62 rentable beds at $450–$595/month per bed.
    • 14296 Glenwood Street: 20‑unit building about 50% rehabilitated; rough electrical and plumbing completed and approved.
    • 18036, 18055, and 18029 Schoenherr Streets: brick exterior, cleaned out, boarded, secured, and dried‑in.
    • 10820 Schoolcraft Road: 18‑unit building with brick exterior, cleaned out, boarded, secured, and dried‑in.
    • Vacant/partial‑rehab buildings are cleaned out and secured, providing a base for renovation to support long‑term cash flow.

    Overview

    This is a portfolio sale consisting of six multifamily properties being marketed and sold as a single package. The lineup includes 14299 Fordham Street, described as fully renovated and occupied, currently operating as a single-room rental setup with 62 rentable beds. The remaining buildings are 14296 Glenwood Street (a 20-unit building approximately 50% rehabilitated with rough electrical and plumbing work completed and approved), 18036 Schoenherr Street (30 units), 18055 Schoenherr Street (20 units), 18029 Schoenherr Street (18 units), and 10820 Schoolcraft Road (18 units). For the vacant Schoenherr and Schoolcraft Road properties, the exterior brick has been cleaned out, and units have been boarded, secured, and dried-in.

    The seller is located out of state and is selling the entire portfolio rather than continuing remote management. Individual property sales are not being considered at this time. Proof of funds is required prior to showings, and prospective buyers are instructed to drive by the properties before requesting access.

    For investors or developers seeking scale in one transaction, the package combines an existing occupied asset at 14299 Fordham Street with multiple buildings that have already been cleaned out and secured, and one that is mid-rehabilitation with approved rough electrical and plumbing work. This configuration can support a staged redevelopment approach across the portfolio.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.985179
    Latitude
    42.4285561

    FAQs

    What type of property is this?
    Apartment building - Six Detroit apartment buildings offered together, including an occupied renovated property and five vacant or partially rehabbed buildings.
    Where is this apartment building located?
    The property is located at 18055 Schoenherr St Detroit, MI.
    What is the asking price?
    The asking price for this property is $2,999,999.
    What are key features of this property?
    This property features: Six multifamily properties in Detroit sold together as one portfolio package (no individual property sales).; 14299 Fordham Street: fully renovated and occupied; operating as single‑room rentals with 62 rentable beds at $450–$595/month per bed.; 14296 Glenwood Street: 20‑unit building about 50% rehabilitated; rough electrical and plumbing completed and approved.
    More about this property
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