Apartment Building with Renovation
New
For Sale
$799,000
3017 W Buena Vista St, Detroit, MI 48238
Renovation work has begun in part of this vacant multifamily property, with the balance still requiring work.
Property Size29,726 SF
Lot Size0.37 Acres
Price / SF$26.88
Days on Market3
Property Features for 3017 W Buena Vista St
General Information
Standard status
Active
Size
29,726 SF
Lot size
0.37 Acres
Property subtype
Investment
Property Condition
Severity
Repairs Needed
Evidence
requires renovation
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
36
Taxes and HOA fees
Annual Taxes
$32,895
Building Details
Building Size
29,726 SF
Year Built
1928
Units
36
Listing Agency:
Forward Commercial Group
Listed By:
Emil Cherkasov · License #6502392741
(248) 662-5066
Source:
Elliman
Added: Sep 24
Last Checked: Sep 24 at 2:15PM
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 Forward Commercial Group
Investment Insights
Based on property information with market context.
This vacant apartment complex contains 36 units across 29,726 square feet on a 0.37-acre site. Built in 1928, the building has renovation work underway in approximately half of its area, including electrical, plumbing, drywall, window, and roof improvements. The remaining portion requires renovation. The property is being sold through a receivership sale.
The complex is near the University of Detroit Mercy, Wayne State University, and the Boston-Edison Historic District. Access to I-75, I-96, and M-10 is also noted. The existing work and remaining renovation define the building’s current physical condition.
The complex is near the University of Detroit Mercy, Wayne State University, and the Boston-Edison Historic District. Access to I-75, I-96, and M-10 is also noted. The existing work and remaining renovation define the building’s current physical condition.
Key Highlights
- 36‑unit vacant apartment complex
- 29,726 square feet on 0.37 acres
- Built in 1928
Property Analytics
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Current Use
Lease Details
36
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovation work has begun in part of this vacant multifamily property, with the balance still requiring work.
Where is this apartment building located?
The property is located at 3017 W Buena Vista St Detroit, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 36‑unit vacant apartment complex; 29,726 square feet on 0.37 acres; Built in 1928
