Historic Multifamily Apartment
For Sale
Contact for pricing
31 Woodland St., Detroit, MI 48202
Built in 1923 as a 44-unit multifamily property, it has been vacant since the late 1990s.
Property SizeContact for details
Days on Market125
Property Features for 31 Woodland St.
General Information
Standard status
Active
Property subtype
Multifamily, Land
Additional Details
Multifamily Units
44
Building Details
Year Built
1923
Tenancy
Multi
Listing Agency:
Summit Commercial LLC
(313) 872-1300
Listed By:
Bunia Parker · License #MI 6502357630
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 10:28PM
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 Summit Commercial LLC
Investment Insights
Based on property information with market context.
Constructed in 1923, the Woodland Apartment Building was developed as a 44-unit multifamily property and has remained vacant since the late 1990s. Historically, the site consisted of undeveloped land from at least 1910 until it was improved.
The property sits just north of development momentum along the Woodward Corridor extending north from Downtown to Boston Edison and is located just off Woodward.
The City describes rehabilitation or redevelopment of the site as a way to build upon the area’s developing momentum while creating a smaller-scale multifamily residential development.
The property sits just north of development momentum along the Woodward Corridor extending north from Downtown to Boston Edison and is located just off Woodward.
The City describes rehabilitation or redevelopment of the site as a way to build upon the area’s developing momentum while creating a smaller-scale multifamily residential development.
Key Highlights
- Built in 1923 as a 44‑unit multifamily building
- Property has been vacant since the late 1990s
- Site historically consisted of undeveloped land prior to the multifamily development
Property Analytics
Property Profile
Current Use
Lease Details
44
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
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 - Built in 1923 as a 44-unit multifamily property, it has been vacant since the late 1990s.
Where is this apartment building located?
The property is located at 31 Woodland St. Detroit, MI.
What are key features of this property?
This property features: Built in 1923 as a 44‑unit multifamily building; Property has been vacant since the late 1990s; Site historically consisted of undeveloped land prior to the multifamily development
