30-Unit Apartment
21124 Schoolcraft, Detroit, MI 48223
For Sale
$1,650,000
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 Market105
Property Features for 21124 Schoolcraft
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Keystone Commercial Real Estate
Listed By:
Ferris Hamama · License MI #6501255590
(248) 406-7116
Source:
Keystonecres
Added: Jul 29
Changed: Nov 4
Last Checked: Nov 10 at 6:32AM
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
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Investment Insights
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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
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Lease Details
30
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
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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
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Market
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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
