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Renovated Apartment Building Portfolio
For Sale
$965,000

2901 GLENDALE Street, Detroit, MI 48238

Multifamily, 2 Story, Detroit, MI

Property Size1,108 SF
Lot Size0.03 Acres
Price / SF$870.94
Days on Market155

Property Features for 2901 GLENDALE Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 18
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 4, Bedroom 17, Bedroom 8, Bedroom 11, Bathroom 9, Bathroom 1, Bedroom 13, Bedroom 16, Bedroom 7, Bedroom 9, Bedroom 15, Bathroom 4, Bedroom 5, Bedroom 10, Bedroom 12, Bedroom 3, Bathroom 6, Bedroom 1, Bedroom 18, Bathroom 8, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 7, Bedroom 6, Basement, Bedroom 14
Parking 1
Subdivision OAKMANS ROBT CHERRY LANE
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions South of Davison/East of Livernois
Standard status Active
APN W12I004154S001
Size 1,108 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. S GLENDALE E 17.32 FT OF N 65.90 FT 53 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 17.32 X 65.90
Tax Annual Amount 9
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. S GLENDALE E 17.32 FT OF N 65.90 FT 53 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 17.32 X 65.90

Utilities

Heating system Forced Air

Amenities

fireplace

Building Details

Year built 1925
Floors in Building 2
Number of units 9
Building materials Brick
Roof type Asphalt
Architectural style Colonial
Listing Agency: Realtyflo Inc
Listed By: Shenitha Raines · License #6501390824
Added: Apr 6 Changed: Sep 4 Last Checked: Sep 7 at 8:06PM
MLS# 20261020595

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential portfolio comprises nine properties, with each residence offering 2 bedrooms, 1 bathroom, a wood-burning fireplace, attic space, and a basement. Renovation work completed in 2024 included plumbing, electrical, flooring, roofing, furnaces, hot water tanks, kitchen finishes, appliances, and bathroom fixtures. The properties are brick construction, use forced-air heating, and date to 1925. Lead certification and compliance are in place across the portfolio.

A vacant lot at 2921 Glendale is currently used for tenant parking. The portfolio includes 2903, 2907, 2911, 2915, and 2919 Glendale, along with 12735, 12741, and 12745 Lawton. All properties are occupied and are located in Detroit, Wayne County, Michigan.

Key Highlights

  • Nine‑property residential portfolio with 2 bedrooms and 1 bathroom in each residence
  • 2024 renovations included plumbing, electrical, flooring, roofs, furnaces, and hot water tanks
  • Updated kitchens with new cabinets, countertops, flooring, and appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Parking Lot & Garage

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

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine updated residential properties with modernized systems, tenant parking, and occupied units.
Where is this apartment building located?
The property is located at 2901 GLENDALE Street Detroit, MI.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Nine‑property residential portfolio with 2 bedrooms and 1 bathroom in each residence; 2024 renovations included plumbing, electrical, flooring, roofs, furnaces, and hot water tanks; Updated kitchens with new cabinets, countertops, flooring, and appliances
More about this property
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