30-Unit Apartment
For Sale
$1,650,000
21124 Schoolcraft, Detroit, MI 48223
1968-built, B4-zoned 30-unit apartment property with one-bedroom units, on-site parking, and immediate access to I-96 and M-39.
Property Size19,500 SF
Lot Size0.42 Acres
Price / SF$84.62
Days on Market11
Property Features for 21124 Schoolcraft
General Information
Standard status
Active
Size
19,500 SF
Lot size
0.42 Acres
Property subtype
Multifamily
Zoning
B4
Additional Details
Highway Access
Yes
Multifamily Units
30
Building Details
Building Size
19,500 SF
Year Built
1968
Listing Agency:
Keystone Commercial Real Estate
(248) 406-7116
Listed By:
Ferris Hamama · License #6501255590
Source:
Keystonecres
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 8 at 4:38AM
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 Keystone Commercial Real Estate
Investment Insights
Based on property information with market context.
This 30-unit apartment building offers an efficient one-bedroom unit mix in a garden-style, low-rise multifamily configuration. Built in 1968, the property is zoned B4 and includes on-site parking and a spacious site on approximately 0.42 acres.
Convenient freeway access supports day-to-day connectivity, with immediate access to I-96 and Southfield Freeway (M-39). The property is also positioned for straightforward commuting throughout Metro Detroit, including access to Downtown Detroit and major employment centers.
Within the surrounding area, the property is minutes from neighborhood shopping including Telecraft Shopping Center, Grand River Market Place, and Value Center. Nearby, Rouge Park and Eliza Howell Park provide extensive green space, walking trails, and recreational amenities.
Convenient freeway access supports day-to-day connectivity, with immediate access to I-96 and Southfield Freeway (M-39). The property is also positioned for straightforward commuting throughout Metro Detroit, including access to Downtown Detroit and major employment centers.
Within the surrounding area, the property is minutes from neighborhood shopping including Telecraft Shopping Center, Grand River Market Place, and Value Center. Nearby, Rouge Park and Eliza Howell Park provide extensive green space, walking trails, and recreational amenities.
Key Highlights
- 30‑unit apartment building with an efficient one‑bedroom unit mix
- Built in 1968 and zoned B4
- Approximately 0.42 acres with a spacious site
Property Analytics
Current Use
Lease Details
30
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 48223, MI
22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 1968-built, B4-zoned 30-unit apartment property with one-bedroom units, on-site parking, and immediate access to I-96 and M-39.
Where is this apartment building located?
The property is located at 21124 Schoolcraft Detroit, MI.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 30‑unit apartment building with an efficient one‑bedroom unit mix; Built in 1968 and zoned B4; Approximately 0.42 acres with a spacious site
