Building Details

Year Built 1966

Stories 3

Units 35

Listing Agency: Berkadia Commercial Mortgage Southfield

Listed By: EJ Wujek · License #MI

Source: Crexi

Added: Mar 30 Changed: Sep 5 Last Checked: Sep 10 at 9:13AM

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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 Berkadia Commercial Mortgage Southfield

Investment Insights

Based on property information with market context.

This multifamily apartment building is offered for sale and includes 35 total units. The property is positioned as a residential income asset suitable for investors seeking an existing multi-unit configuration.

The provided details include the property type and unit count, along with the listed address at 20539 Southfield Fwy in Detroit, MI 48235.

No additional information is provided regarding building layout, unit mix, amenities, or condition.

Key Highlights

• Apartment building with 35 units
• Year built: 1966

Property Analytics

Current Use

Ivory's Health Agency Home Health Care Service

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop 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

490

Businesses Nearby

Explore this area Business Placement

Demographics for 48235, MI

45,188

Population

20,946

Households

2.2

Avg Household Size

39

Median Age

15%

College-Educated

91%

High-School Grad

6.2 sq mi

ZIP Area

7,288

Density / Sq Mi

$41,011

Median Household Income

$31,545

Median Earnings

$1,151

Median Rent

$79,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment building offering 35 units, presented for sale as a multifamily income property.

Where is this apartment building located?

The property is located at 20539 Southfield Fwy Detroit, MI.

What is the asking price?

The asking price for this property is $1,499,999.

What are key features of this property?

This property features: Apartment building with 35 units; Year built: 1966