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87-Unit Apartment Community
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24949 Mayfair St, Flat Rock, MI 48134

Townhome-style apartments offer private entrances and interior improvements completed within the past 12 months.

Property SizeContact for details
Days on Market4

Property Features for 24949 Mayfair St

General Information

Standard status Active
Property subtype Multifamily
Zoning R-3

Additional Details

Highway Access Yes
Multifamily Units 87
Listing Agency: Friedman Integrated Real Estate
Listed By: Peter Jankowski
Source: Cpix.resimplifi
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 16 at 3:43AM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

This 87-unit apartment community is configured in a townhome-style format, with spacious layouts and private entrances. Numerous interior upgrades were completed within the past 12 months, providing a recently improved residential offering. The property is zoned R-3 and identified as the Mayfair Townhomes community.

The property is located across from Ford Motor Company Flat Rock Assembly Plant, placing it near a major employment center. Immediate access to I-75 connects the community with Detroit and surrounding areas. Downtown Flat Rock shopping, dining, and services are also nearby.

A RUBS implementation opportunity is identified for utility cost recovery. The unit configuration, recent improvements, and access characteristics provide the principal physical and operational details of the community.

Key Highlights

  • 87‑unit townhome‑style apartment community
  • Private entrances and spacious layouts
  • Numerous interior improvements completed within the past 12 months

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Building Supply Big Box & Wholesale Store Pharmacy

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

Lease Details

87
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 48134, MI

23,829
Population
9,579
Households
2.5
Avg Household Size
41
Median Age
25%
College-Educated
93%
High-School Grad
18.5 sq mi
ZIP Area
1,288
Density / Sq Mi
$88,821
Median Household Income
$49,050
Median Earnings
$1,106
Median Rent
$252,500
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?
Apartment building - Townhome-style apartments offer private entrances and interior improvements completed within the past 12 months.
Where is this apartment building located?
The property is located at 24949 Mayfair St Flat Rock, MI.
What are key features of this property?
This property features: 87‑unit townhome‑style apartment community; Private entrances and spacious layouts; Numerous interior improvements completed within the past 12 months
More about this property
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