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Multifamily Property
For Sale
$50,000

2950 Glendale Ave, Detroit, MI 48238

Established multifamily asset constructed in 1925.

Property SizeContact for details
Days on Market36

Property Features for 2950 Glendale Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1925
Listing Agency: Cosmopolitan Real Estate Servi
Listed By: Ernest Little
Source: Premiermichiganhomesearch
Added: Aug 22 Changed: Sep 3 Last Checked: Sep 26 at 10:46AM

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 Cosmopolitan Real Estate Servi

Investment Insights

Based on property information with market context.

This multifamily property is located at 2950 Glendale Ave in Detroit, Michigan 48238. The building was constructed in 1925.

Key Highlights

  • Multifamily property at 2950 Glendale Ave, Detroit, MI 48238
  • Constructed in 1925

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center Hair Salon

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

375
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Established multifamily asset constructed in 1925.
Where is this multifamily property located?
The property is located at 2950 Glendale Ave Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Multifamily property at 2950 Glendale Ave, Detroit, MI 48238; Constructed in 1925
More about this property
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