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34-Unit Apartment Building Opportunity

2987 GLADSTONE St Detroit, MI 48206

Claim this Listing
For Sale
$175,000

34-unit apartment building on Detroit's West Side.

Type:Investment
Lot size:
0.29 Acres
Added:
Nov 27, 2025
Days on Market:
226
Last Refresh:
May 10 at 10:18 pm

Property Features for 2987 GLADSTONE St

General Information

Standard status
Active
Lot size
0.29 Acres
Property subtype
Investment

Building Details

Year Built
1925

Listing office

Listing date Nov 27, 2025

Source Elliman

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 Mikhail Grigoryan


Investment Insights

Based on property information with market context.

This is a rare opportunity to own a 34-unit apartment building located on Detroit's West Side in the Jamison Neighborhood. The property is situated near Wildemere Park, Boston Edison, Henry Ford Hospital, and New Center, with convenient access to Downtown and Midtown. The building comprises 26 one-bedroom units, 4 two-bedroom units, and 4 three-bedroom units. There is potential to acquire additional lots and land surrounding the building and on the block through the city. Note: the buyer must submit a demo deferral application after closing with the City of Detroit.

Key Highlights

  • 34‑unit apartment building in Detroit's Jamison Neighborhood
  • Diverse unit mix: 26 one‑bed, 4 two‑bed, and 4 three‑bed units
  • Proximity to Wildemere Park, Boston Edison, Henry Ford Hospital, and New Center

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon HVAC Service Nail Salon Skin Care Clinic Electrical Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 34-unit apartment building on Detroit's West Side.
Where is this apartment building located?
The property is located at 2987 GLADSTONE St Detroit, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 34‑unit apartment building in Detroit's Jamison Neighborhood; Diverse unit mix: 26 one‑bed, 4 two‑bed, and 4 three‑bed units; Proximity to Wildemere Park, Boston Edison, Henry Ford Hospital, and New Center
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