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Apartment Building with Private Porches
New
For Sale
$155,000

2972 Rochester Street, Detroit, MI 48206

Commercial Sale, Detroit, MI

Property Size15,188 SF
Lot Size0.15 Acres
Price / SF$10.21
Days on Market5

Property Features for 2972 Rochester Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 14
Full bathrooms 14
Rooms Bathroom 11, Bathroom 3, Bathroom 8, Bathroom 14, Bathroom 4, Bathroom 12, Bathroom 7, Bathroom 13, Bathroom 10, Bathroom 6, Bathroom 9, Bathroom 1, Bathroom 2, Bathroom 5
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Standard status Active
APN 12002882.
Size 15,188 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description N Rochester 209-208 Dexter Boulevard Heights Sub L
Tax Annual Amount 5513
Legal Description N Rochester 209-208 Dexter Boulevard Heights Sub L

Utilities

Heating system Forced Air

Building Details

Year built 1925
Number of units 14
Listing Agency: Green River Homes LLC
Listed By: Kate Kopliner
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 26 at 10:06AM
MLS# 26050624

Copyright © 2026 Michigan Regional Information Center, LLC. 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 15,188-square-foot apartment building, constructed in 1925, is configured with large two-bedroom, one-bath units and private exterior porches. The property has undergone extensive preparation, including a new roof, complete exterior tuckpointing, a full perimeter drain tile system, interior demolition and reframing, stack replacements, and environmental and utility clearance. Temporary power is in place, while new exterior porches and balconies are underway. Forced-air heating serves the building, and full architectural and engineering plans are included.

The offering includes an additional 0.15-acre lot that can support new construction or expanded parking, as described in the property information. The building and lot are located at 2972 Rochester Street in Detroit, Michigan 48206.

Key Highlights

  • 15,188‑square‑foot apartment building constructed in 1925
  • Large two‑bedroom, one‑bath layouts with private exterior porches
  • New roof, complete exterior tuckpointing, and perimeter drain tile system

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail 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

335
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multi-unit apartment property with large two-bedroom layouts, private porches, and substantial building improvements underway.
Where is this apartment building located?
The property is located at 2972 Rochester Street Detroit, MI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 15,188‑square‑foot apartment building constructed in 1925; Large two‑bedroom, one‑bath layouts with private exterior porches; New roof, complete exterior tuckpointing, and perimeter drain tile system
More about this property
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