Building Details

Year Built 1960

Buildings 1

Stories 2

Units 60

Listing Agency: Keystone Commercial Real Estate f***@keystonecres.com Show Phone

Listed By: Ferris Hamama · License #MI 6501255590

Source: Crexi

Added: Jun 17, 2025 Changed: Aug 11 Last Checked: Aug 22 at 5:51AM

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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

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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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 W Seven Mile Rd Detroit, MI.

What is the asking price?

The asking price for this property is $3,240,000.

What are key features of this property?

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