Occupied 5-Unit Apartment
For Sale
$650,000
228 Inkster Rd, Inkster, MI 48141
Fully occupied residential income property with documented expansion potential subject to zoning and required approvals.
Property Size1,600 SF
Lot Size1.00 Acre
Price / SF$406.25
Days on Market50
Property Features for 228 Inkster Rd
General Information
Standard status
Active
Size
1,600 SF
Lot size
1.00 Acre
Occupancy
100%
Financials
Gross Income
$39,000
Average Monthly Rent
$650
Additional Details
Multifamily Units
5
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Got Key'D Realty
Listed By:
Ali M Beydoun · License #6501394866
(313) 598-5100
Source:
Katie-k
Added: Aug 30
Changed: Oct 7
Last Checked: Oct 7 at 2:56PM
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 Got Key'D Realty
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Investment Insights
Based on property information with market context.
Built in 1950, this apartment property contains five occupied units on approximately 1 acre at 228 Inkster Road in Inkster, Michigan. Current occupancy provides an established rental configuration without relying on speculative leasing assumptions.
A survey indicates the site may accommodate development of up to 30 units, subject to zoning requirements and required approvals. The existing apartment complex and potential future expansion create two distinct components for evaluating the property’s current use and longer-term development options.
A survey indicates the site may accommodate development of up to 30 units, subject to zoning requirements and required approvals. The existing apartment complex and potential future expansion create two distinct components for evaluating the property’s current use and longer-term development options.
Key Highlights
- Five‑unit apartment complex with all units currently occupied
- Approximately 1 acre of land
- Survey indicates potential for up to 30 units, subject to zoning and required approvals
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 48141, MI
26,088
Population
11,497
Households
2.3
Avg Household Size
34
Median Age
12%
College-Educated
83%
High-School Grad
6.3 sq mi
ZIP Area
4,141
Density / Sq Mi
$39,632
Median Household Income
$32,135
Median Earnings
$1,127
Median Rent
$75,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied residential income property with documented expansion potential subject to zoning and required approvals.
Where is this apartment building located?
The property is located at 228 Inkster Rd Inkster, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Five‑unit apartment complex with all units currently occupied; Approximately 1 acre of land; Survey indicates potential for up to 30 units, subject to zoning and required approvals
