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35-Unit Multifamily Property
For Sale
Contact for pricing

20539 Southfield Fwy, Detroit, MI 48235

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

Property SizeContact for details
Days on Market210

Property Features for 20539 Southfield Fwy

General Information

Standard status Active
Property subtype Multifamily
Occupancy 94%
Investment Type Value Add

Site & Location

Neighborhood Ohair Park

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: Oct 25 Last Checked: Oct 24 at 4:44PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

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

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
More about this property
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