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16-Unit Brick Apartment Building
For Sale
$789,000

18435 Hoover St, Detroit, MI 48205

Mixed one- and two-bedroom layouts in a Detroit apartment property built in 1957.

Property Size9,800 SF
Days on Market141

Property Features for 18435 Hoover St

General Information

Standard status Active
Size 9,800 SF
Property subtype Multifamily

Units

Unit Mix 12 x 1BR, 4 x 2BR
Multifamily Units 16

Building Details

Building Size 9,800 SF
Year Built 1957
Buildings 1
Construction brick
Listing Agency: Thomas A. Duke Company
Listed By: Andrew Battersby · License #6501384188
Source: Thomasduke
Added: Jun 2 Changed: Oct 15 Last Checked: Oct 19 at 4:36AM

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 Thomas A. Duke Company

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Investment Insights

Based on property information with market context.

This Detroit apartment property contains 16 units within a brick building constructed in 1957. The unit mix includes 12 one-bedroom apartments and four two-bedroom apartments, providing a combination of smaller and larger residential layouts.

Located at 18435 Hoover St in Detroit, the property is offered for sale as an apartment complex. The address is within ZIP code 48205.

Key Highlights

  • 16‑unit apartment complex at 18435 Hoover St, Detroit, MI 48205
  • Unit mix includes 12 1BR units and four 2BR units
  • Brick apartment building constructed in 1957

Property Analytics

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Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

205
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

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 - Mixed one- and two-bedroom layouts in a Detroit apartment property built in 1957.
Where is this apartment building located?
The property is located at 18435 Hoover St Detroit, MI.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 16‑unit apartment complex at 18435 Hoover St, Detroit, MI 48205; Unit mix includes 12 1BR units and four 2BR units; Brick apartment building constructed in 1957
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