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Residential Income Property
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315 Burns Dr, Detroit, MI 48214

For sale residential income property at 315 Burns Drive in Detroit, with a reported size of 140,000.

Property SizeContact for details
Days on Market121

Property Features for 315 Burns Dr

General Information

Standard status Active
Property subtype Hospitality
Listing Agency: Birmingham, MI
Listed By: Simon Jonna · License #6501357188
Source: Colliers
Added: May 8 Changed: Aug 31 Last Checked: Sep 4 at 2:15AM

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 Birmingham, MI

Investment Insights

Based on property information with market context.

This for-sale residential income property is located at 315 Burns Drive in Detroit, Michigan. The offering includes a reported property size of 140,000, providing a larger-use format suitable for interested investors and operators reviewing multifamily and income-oriented acquisition opportunities.

The listing information does not provide additional detail on unit count, configuration, or on-site amenities. Prospective buyers are encouraged to review the available offering materials and confirm current operating details and physical layout during due diligence.

Key Highlights

  • Residential income property for sale at 315 Burns Drive, Detroit, MI 48214‑3955
  • Reported size of 140,000 (per listing)

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Electrical Service Skin Care Clinic

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

565
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
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?
Hotel - For sale residential income property at 315 Burns Drive in Detroit, with a reported size of 140,000.
Where is this hotel located?
The property is located at 315 Burns Dr Detroit, MI.
What are key features of this property?
This property features: Residential income property for sale at 315 Burns Drive, Detroit, MI 48214‑3955; Reported size of 140,000 (per listing)
More about this property
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