Search
Detroit Multifamily Investment Opportunity
For Sale
$200,000

19161 Kelly Rd, Detroit, MI 48224

Four-unit property in Detroit, ideal for multifamily investment.

Property SizeContact for details
Days on Market108

Property Features for 19161 Kelly Rd

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1954
Listing Agency:
Listed By: Gregory White
Source: Elliman
Added: Apr 21 Changed: Jul 10 Last Checked: Aug 6 at 7:39AM

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 Gregory White

Investment Insights

Based on property information with market context.

This four-unit property presents an opportunity to enter the multi-family investment market. Located in Detroit, Michigan, the property is noted to be in good overall condition, though the interior units require some rehabilitation work to prepare them for rental. The seller also owns a separate property at 16241 E Seven Mile and is open to selling both properties together at a discounted rate. The walk score is 51, indicating the location is somewhat walkable. The bike score is 44, indicating the location is somewhat bikeable. The transit score is 43, indicating some transit options are available.

Key Highlights

  • Multi‑family investment opportunity at a great price.
  • Four‑unit property.
  • Good location.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

Demographics for 48224, MI

39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in Detroit, ideal for multifamily investment.
Where is this quadplex located?
The property is located at 19161 Kelly Rd Detroit, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Multi‑family investment opportunity at a great price.; Four‑unit property.; Good location.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message