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24-Unit Apartment Complex
For Sale
Contact for pricing
Pending

35275 Michelle Dr, Romulus, MI 48174

Two-building community with updated interiors, individual heating, and central air serving every apartment.

Property SizeContact for details
Days on Market141

Property Features for 35275 Michelle Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Income Property Organization
Listed By: Greg Coulter · License #MI 6505297156
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:58PM

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 Income Property Organization

Investment Insights

Based on property information with market context.

This multifamily property consists of two buildings totaling 24 two-bedroom apartments, each with approximately 850 square feet of living space. Constructed in 1967, the community has received multiple capital improvements, including roof replacements in 2017, two new hot water tanks, LED lighting, a new door keypad, and mechanical updates. Sixty percent of the furnaces and 70% of the AC compressors have been replaced, while 80% of the apartments have updated fixtures, plank flooring, and vanities. Each unit has an individual furnace and central air.

Residents have access to four washers and dryers. Tenants pay their own electric and gas costs, while water service is landlord-provided. The property is located north of I-94, between I-94 and Wick Road, in Romulus, Michigan.

Key Highlights

  • 24 two‑bedroom apartments across two buildings
  • Approximately 850 sq. ft. per apartment
  • Built in 1967; roofs replaced in 2017

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center 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

152
Businesses Nearby

Demographics for 48174, MI

33,683
Population
13,124
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
826
Density / Sq Mi
$65,675
Median Household Income
$41,186
Median Earnings
$1,053
Median Rent
$151,500
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?
Apartment building - Two-building community with updated interiors, individual heating, and central air serving every apartment.
Where is this apartment building located?
The property is located at 35275 Michelle Dr Romulus, MI.
What are key features of this property?
This property features: 24 two‑bedroom apartments across two buildings; Approximately 850 sq. ft. per apartment; Built in 1967; roofs replaced in 2017
More about this property
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