8-Unit Apartment
For Sale
$450,000
24620 W 7 Mile Rd, Detroit, MI 48219
Two-bedroom, one-bath residences line the W 7 Mile corridor in Detroit.
Property Size7,683 SF
Price / SF$58.57
Days on Market26
Property Features for 24620 W 7 Mile Rd
General Information
Standard status
Active
Size
7,683 SF
Property subtype
Multi-Family
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Additional Details
Highway Access
Yes
Building Details
Year Built
1962
Buildings
1
Listing Agency:
LLC Troy
(517) 200-3245
Listed By:
Real Broker
Source:
Kimerealty
Added: Sep 1
Changed: Sep 17
Last Checked: Sep 26 at 7:13AM
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 LLC Troy
Investment Insights
Based on property information with market context.
This 8-unit apartment building at 24620 W 7 Mile Rd in Detroit contains eight two-bedroom, one-bath residences. The property encompasses 7,683 square feet and was built in 1962, offering a defined multifamily configuration within one structure.
The building is positioned along the W 7 Mile corridor, with access to major roadways and surrounding Metro Detroit communities. Its unit count, consistent floor plans, and established construction date provide a clear profile for buyers evaluating an apartment property in Detroit.
The building is positioned along the W 7 Mile corridor, with access to major roadways and surrounding Metro Detroit communities. Its unit count, consistent floor plans, and established construction date provide a clear profile for buyers evaluating an apartment property in Detroit.
Key Highlights
- 8‑unit apartment building with eight 2‑bedroom, 1‑bath units
- 7,683‑square‑foot multifamily property
- Built in 1962
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Highway access
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom, one-bath residences line the W 7 Mile corridor in Detroit.
Where is this apartment building located?
The property is located at 24620 W 7 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 8‑unit apartment building with eight 2‑bedroom, 1‑bath units; 7,683‑square‑foot multifamily property; Built in 1962
