24290 Seven Mile West, Detroit, MI 48219

Building Details

Building Size 40,970 SF More

Year Built 1960 More

Listing Agency: Keystone Commercial Real Estate

Listed By: Ferris Hamama · License MI #6501255590 Show Phone

Source: Keystonecres

Added: Mar 27 Changed: Oct 26 Last Checked: Nov 8 at 2:41AM

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Investment Insights

Based on property information with market context.

Courtyard Apartments presents a multifamily investment opportunity. The property is a well-maintained building featuring 60 units. The property is located in a prime location and offers the potential for high returns. The property size is 40970 square feet.

Key Highlights

• Prime Location
• 60 Units
• High Return Potential

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Location Intelligence

Trade Area within ½ mile

373

Businesses Nearby

Explore this area Business Placement

Demographics for 48219, MI

46,811

Population

20,815

Households

2.2

Avg Household Size

37

Median Age

13%

College-Educated

87%

High-School Grad

8.4 sq mi

ZIP Area

5,573

Density / Sq Mi

$43,882

Median Household Income

$31,187

Median Earnings

$1,037

Median Rent

$84,500

Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Detroit, MI

$140 Jul

$147 Aug

$118 Sep

$125 Oct

Properties on Market for Apartment buildings in Detroit

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Well-maintained 60-unit apartment building with high return potential.

Where is this apartment building located?

The property is located at 24290 Seven Mile West Detroit, MI.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: Prime Location; 60 Units; High Return Potential