24-Unit Apartment Complex
For Sale
$1,100,000
19625 Conant, Detroit, MI 48234
24-unit apartment complex with updated units and high rents.
Property Size13,097 SF
Days on Market367
Property Features for 19625 Conant
General Information
Standard status
Active
Size
13,097 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Pershing
Amenities
Forced Air
Building Details
Building Size
13,097 SF
Year Built
1958
Listing Agency:
Keller Williams Paint Creek
Listed By:
Justin Zehel · License #MI
(248) 979-3466
Source:
Kw
Added: Oct 25, 2025
Changed: Oct 25
Last Checked: Oct 24 at 9:06PM
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 Keller Williams Paint Creek
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Investment Insights
Based on property information with market context.
This 24-unit brick apartment complex is available for sale, offering a mix of residential units. The property includes one 2-bedroom, 1-bath unit and twenty-three 1-bedroom, 1-bath units, each with private entrances and no common areas. A laundry room is available for tenant use. The complex features a newer roof and electric baseboard heat, eliminating the need for a boiler. The units have been updated and are reported to be in good condition. A large, fenced-in parking lot is included. The property is located in a prime location and generates monthly rents between $900 and $1100. The property is presented as an investment opportunity with long-term potential and minimal immediate maintenance.
Key Highlights
- High 13% Cap Rate with Great Cash Flow
- 24 Units: Mix of 23 (1 bed/1 bath) and 1 (2 bed/1 bath)
- All Private Entrance Units (No Common Areas)
Property Analytics
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Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
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Business Placement
Demographics for 48234, MI
31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - 24-unit apartment complex with updated units and high rents.
Where is this apartment building located?
The property is located at 19625 Conant Detroit, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High 13% Cap Rate with Great Cash Flow; 24 Units: Mix of 23 (1 bed/1 bath) and 1 (2 bed/1 bath); All Private Entrance Units (No Common Areas)
