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Three-Unit Multifamily Property
For Sale
$84,999

247 W Savannah St, Detroit, MI 48203

The four-bedroom, three-bathroom layout offers potential for conversion to three kitchens.

Property Size2,402 SF
Price / SF$35.39
Days on Market11

Property Features for 247 W Savannah St

General Information

Standard status Active
Size 2,402 SF
Property subtype Multi-Family

Building Details

Year Built 1956
Listing Agency: Good Company
Listed By: Veronica A Seward · License #392377
Source: Vmrealestatemichigan
Added: Sep 27 Changed: Oct 3 Last Checked: Oct 5 at 7:05PM

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 Good Company

Investment Insights

Based on property information with market context.

At 247 W Savannah St, this 2,402-square-foot multifamily property contains four bedrooms and three bathrooms. Built in 1956, it has potential for three kitchens and may be renovated as a three-unit property or a single-family residence.

Key Highlights

  • 2,402 square feet of interior space
  • Four bedrooms and three bathrooms
  • Potential for three kitchens

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Kitchen & Bath Showroom

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

481
Businesses Nearby

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

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?
Multifamily property - The four-bedroom, three-bathroom layout offers potential for conversion to three kitchens.
Where is this multifamily property located?
The property is located at 247 W Savannah St Detroit, MI.
What is the asking price?
The asking price for this property is $84,999.
What are key features of this property?
This property features: 2,402 square feet of interior space; Four bedrooms and three bathrooms; Potential for three kitchens
More about this property
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