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Six-Property Multifamily Portfolio

18055 Schoenherr Street, Detroit, MI 48205

For Sale
$2,999,999

Multifamily, 4-10 Story, Detroit, MI

Property Size32,604 SF
Lot Size0.17 Acres
Price / SF$92.01
Days on Market153

Property Features for 18055 Schoenherr Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 60
Bathrooms 60
Full bathrooms 60
Rooms Bedroom 55, Bathroom 7, Bathroom 6, Bathroom 38, Bedroom 9, Bedroom 11, Bathroom 49, Bedroom 3, Bathroom 58, Bedroom 2, Bathroom 32, Bedroom 6, Bedroom 56, Bedroom 54, Bedroom 59, Bedroom 13, Bedroom 17, Bedroom 32, Bedroom 60, Bedroom 18, Bathroom 30, Bedroom 47, Bathroom 56, Bedroom 37, Bathroom 52, Bedroom 36, Bathroom 12, Bedroom 22, Bedroom 46, Bathroom 60, Bedroom 49, Bathroom 18, Bathroom 42, Bathroom 50, Bedroom 43, Bedroom 34, Bathroom 53, Bathroom 8, Bathroom 16, Bathroom 2, Bathroom 34, Bathroom 47, Bathroom 57, Bedroom 26, Bedroom 53, Bedroom 31, Bathroom 3, Bedroom 58, Bathroom 27, Bedroom 15, Bedroom 44, Bathroom 4, Bathroom 14, Bathroom 24, Bathroom 51, Bathroom 43, Bedroom 27, Bathroom 5, Bathroom 41, Bedroom 20, Bedroom 51, Bedroom 25, Bathroom 29, Bathroom 48, Bathroom 17, Bedroom 10, Bathroom 55, Bedroom 57, Bathroom 39, Bathroom 45, Bedroom 35, Bathroom 44, Bedroom 7, Bedroom 23, Bedroom 42, Bathroom 13, Bedroom 21, Bedroom 1, Bedroom 12, Bathroom 10, Bedroom 5, Bathroom 37, Bathroom 31, Bedroom 30, Bathroom 11, Bedroom 40, Bathroom 59, Bathroom 22, Bathroom 9, Bedroom 16, Bedroom 14, Bedroom 41, Bedroom 19, Bathroom 40, Bedroom 4, Bedroom 29, Bedroom 33, Bedroom 39, Bedroom 48, Bathroom 25, Bedroom 50, Bedroom 8, Bathroom 28, Bedroom 28, Bathroom 54, Bathroom 15, Bathroom 35, Bathroom 23, Bathroom 36, Bathroom 19, Basement, Bathroom 33, Bathroom 1, Bedroom 24, Bedroom 45, Bathroom 20, Bathroom 46, Bedroom 38, Bedroom 52, Bathroom 26, Bathroom 21
Pets allowed Call
Subdivision Trombley Park
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions 18055 Schoenherr St in Detroit from I-94, take the exit for I-696 West toward Lansing, then take the Schoenherr Rd exit (Exit 26) and turn left onto Schoenherr Rd. Travel south for approximately 2.5 miles to find the destination
Standard status Active
APN W21I029834S
Size 32,604 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description W SCHOENHERR 11 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 60 X 124.50
Tax Annual Amount 9099
Legal Description W SCHOENHERR 11 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 60 X 124.50

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1929
Number of units 60
Building materials Brick
Architectural style Other
Buildings 6
Listing Agency: EXP Realty Main
Listed By: John Goci · License MI #6501389885
Added: Jun 11 Changed: Oct 25 Last Checked: Nov 10 at 2:06AM
MLS# 20261044166

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.

Rey
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Investment Insights

Based on property information with market context.

This Detroit multifamily portfolio includes six properties offered together as one package. The collection includes a fully renovated and occupied building at 14299 Fordham Street operating as a single-room rental property with 62 rentable beds. The remaining assets include a 20-unit building at 14296 Glenwood Street that is approximately 50% rehabilitated, along with 30-unit, 20-unit, 18-unit, and 18-unit apartment buildings.

The four Schoenherr Street and Schoolcraft Road buildings have brick exteriors and have been cleaned out, boarded, secured, and dried-in. Rough electrical and plumbing work at the Glenwood Street property has been completed and approved. The portfolio is offered only as a combined sale, with proof of funds required before showings. The buildings are located in Detroit, Wayne County, Michigan, and the listed property carries Multi-Family zoning.

Key Highlights

  • Six multifamily properties offered together as one portfolio package
  • 14299 Fordham Street is renovated, occupied, and configured for 62 rentable beds
  • 14296 Glenwood Street is a 20‑unit building approximately 50% rehabilitated

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Detroit, MI

$140 Jul
$147 Aug
$118 Sep
$125 Oct

Properties on Market for Apartment buildings in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Detroit package combines an occupied room-rental property with five buildings positioned for rehabilitation and redevelopment.
Where is this apartment building located?
The property is located at 18055 Schoenherr Street 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 offered together as one portfolio package; 14299 Fordham Street is renovated, occupied, and configured for 62 rentable beds; 14296 Glenwood Street is a 20‑unit building approximately 50% rehabilitated
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