64-Unit Apartment Complex For
21400 W 7 Mile Rd, Detroit, MI 48219
64-unit apartment complex with rehab potential and property management in place.
Type:Investment
Lot size:
2.28 Acres- Added:
- Mar 24, 2026
- Days on Market:
- 59
- Last Refresh:
- Mar 10 at 9:24 am
Property Features for 21400 W 7 Mile Rd
General Information
- Standard status
- Active
- Lot size
- 2.28 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1955
Listing agent Justin Zehel License #3598465
Listing office Eagle Realty LLC d/b/a Keller Williams Eagle Realty (248) 979-3466
Listing date Mar 24, 2026
Source Elliman
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 Eagle Realty LLC d/b/a Keller Williams Eagle Realty
HighLights
- 64‑unit brick apartment complex with good curb appeal.
- High occupancy rate of 75%.
- Attractive mix of 24 two‑bedroom and 40 one‑bedroom units.
- All units (except 16) have been remodeled.
- Tenants pay for individual furnaces.
- Opportunity to purchase as a package with 3 other apartment complexes.
Overview
This 64-unit brick apartment complex comprises 8 connected buildings on a 2.28-acre site. The property features 24 two-bedroom units and 40 one-bedroom units. The location offers curb appeal, and the complex is 75% occupied. Electrical and plumbing upgrades have been completed in the buildings. Sixteen vacant units require rehabilitation, while the remaining units have been remodeled. Each unit is equipped with an individual furnace, with tenants responsible for the utility costs. A large parking lot is available for tenants. The property includes a property management office and a property manager is in place. This complex presents an opportunity for a cash buyer or bank financing. The property can be purchased as part of a package with three other apartment complexes.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.253
- Latitude
- 42.4256
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 64-unit apartment complex with rehab potential and property management in place.
Where is this apartment building located?
The property is located at 21400 W 7 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 64‑unit brick apartment complex with good curb appeal.; High occupancy rate of 75%.; Attractive mix of 24 two‑bedroom and 40 one‑bedroom units.
