8-Unit Apartment
24620 W 7 Mile Rd, Detroit, MI 48219
For Sale
$450,000
Two-bedroom, one-bath residences line the W 7 Mile corridor in Detroit.
Property Size7,683 SF
Price / SF$58.57
Days on Market71
Property Features for 24620 W 7 Mile Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
LLC Troy
(517) 200-3245
Listed By:
Real Broker
Source:
Kimerealty
Added: Sep 1
Changed: Nov 2
Last Checked: Nov 10 at 8:42AM
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
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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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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
$84,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Detroit, MI
Properties on Market for Apartment buildings in Detroit
Vacancy Rate% for Multifamily in Midwest region
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
