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Detroit Residential Investment Opportunity
For Sale
$1,890,900

326 Eastlawn St, Detroit, MI 48215

Package deal featuring tenant-occupied and vacant homes in Detroit.

Property Size24,912 SF
Lot Size2.20 Acres
Days on Market165

Property Features for 326 Eastlawn St

General Information

Standard status Active
Size 24,912 SF
Lot size 2.20 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $43,776

Building Details

Building Size 24,912 SF
Year Built 1913
Units 20
Listing Agency: KW Professionals
Listed By: Jeff Glover · License #6502408794
Source: Elliman
Added: Mar 10 Changed: Aug 16 Last Checked: Aug 20 at 9:35AM

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 KW Professionals

Investment Insights

Based on property information with market context.

This offering presents an investment opportunity to acquire a package of 20 properties in Detroit. The portfolio includes 11 tenant-occupied and 9 vacant homes. The properties consist of 6 four-bedroom homes, 11 three-bedroom homes, and 1 two-bedroom home. The current monthly rental income totals $14,832, equating to an annual income of $177,984. Access to the tenant-occupied properties requires an accepted offer prior to disturbing the tenants. The properties are not available for individual sale, but the seller is willing to negotiate smaller packages. The subject property is located at 326 Eastlawn St, Detroit, MI 48215.

Key Highlights

  • Package deal of 20 properties offers a significant investment opportunity.
  • Current monthly rental income of $14,832 ($177,984 yearly) provides immediate cash flow.
  • Portfolio includes a mix of 4‑bedroom (6), 3‑bedroom (11), and 2‑bedroom (1) homes, appealing to diverse tenant profiles.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Repair Shop Spa & Massage Center Skin Care Clinic Building Supply

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

202
Businesses Nearby

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Package deal featuring tenant-occupied and vacant homes in Detroit.
Where is this apartment building located?
The property is located at 326 Eastlawn St Detroit, MI.
What is the asking price?
The asking price for this property is $1,890,900.
What are key features of this property?
This property features: Package deal of 20 properties offers a significant investment opportunity.; Current monthly rental income of $14,832 ($177,984 yearly) provides immediate cash flow.; Portfolio includes a mix of 4‑bedroom (6), 3‑bedroom (11), and 2‑bedroom (1) homes, appealing to diverse tenant profiles.
More about this property
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