13-Unit Brick Apartment
For Sale
Contact for pricing
2903 MONTGOMERY ST, Detroit, MI 48206
Full-rehab brick apartment property with vacant land across the street for parking or future tenant green space.
Property Size11,392 SF
Price / SF$0.66
Days on Market412
Property Features for 2903 MONTGOMERY ST
General Information
Standard status
Active
Size
11,392 SF
Property subtype
Industrial
Additional Details
Multifamily Units
13
Amenities
3
Rubber
Building Details
Year Built
19
Buildings
1
Construction
brick
Listing Agency:
RCH Brokerage Legacy Inc
(313) 510-7887
Listed By:
Leonard Pickett · License #6501306589
(313) 510-7887
Source:
Xome
Added: Jun 26, 2025
Changed: Aug 8
Last Checked: Aug 11 at 5:36AM
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 RCH Brokerage Legacy Inc
Investment Insights
Based on property information with market context.
This 13-unit brick apartment building contains 11,392 square feet and requires a full rehabilitation. Interior access is unavailable, and the property includes rubber roofing and no listed exterior features. The accompanying vacant land across the street at 2747 Montgomery is intended for parking or green space for future tenants.
The purchaser must eliminate exterior blight within 180 days of purchase, including installing windows and doors, repairing exterior holes and the roof, providing exterior lighting, and registering the property as vacant with BSEED. A purchase proposal must include detailed rehabilitation plans and a financing plan with proof of funds or a pre-approval letter for a new construction loan. DLBA retains a tax capture for the 5 tax years following transfer of ownership.
The purchaser must eliminate exterior blight within 180 days of purchase, including installing windows and doors, repairing exterior holes and the roof, providing exterior lighting, and registering the property as vacant with BSEED. A purchase proposal must include detailed rehabilitation plans and a financing plan with proof of funds or a pre-approval letter for a new construction loan. DLBA retains a tax capture for the 5 tax years following transfer of ownership.
Key Highlights
- 13‑unit brick apartment building with 11,392 square feet
- Full rehabilitation required; interior access is unavailable
- Vacant land across the street at 2747 Montgomery included
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Full-rehab brick apartment property with vacant land across the street for parking or future tenant green space.
Where is this apartment building located?
The property is located at 2903 MONTGOMERY ST Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 13‑unit brick apartment building with 11,392 square feet; Full rehabilitation required; interior access is unavailable; Vacant land across the street at 2747 Montgomery included
