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Detroit Multi-Unit Renovation Opportunity
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3758 ROCHESTER St, Detroit, MI 48206

Four-unit brick building with renovation potential and vacant lots.

Property Size4,548 SF
Lot Size0.12 Acres
Days on Market167

Property Features for 3758 ROCHESTER St

General Information

Standard status Active
Size 4,548 SF
Lot size 0.12 Acres
Property subtype Investment

Building Details

Building Size 4,548 SF
Year Built 1924
Units 4
Listing Agency: Real Estate One-Southfield
Listed By: Gene Kelley II · License #6501293908
Source: Elliman
Added: Mar 11 Changed: Aug 21 Last Checked: Aug 24 at 10:41AM

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 Real Estate One-Southfield

Investment Insights

Based on property information with market context.

This Detroit property features a brick four-unit building requiring significant renovation. Each unit includes two bedrooms and one bathroom. The sale includes two vacant lots located at 3764 Rochester and 3748 Rochester. Prospective buyers should exercise caution when viewing the property and bring a flashlight. The Detroit Land Bank Authority (DLBA) retains the right to a tax capture for the five tax years following the property's ownership transfer. This tax capture might not be compatible with tax abatements or lot combinations available to the purchaser. The DLBA will assess requests to waive its tax capture rights and may require a payment instead of taxes to approve these requests. The payment amount will be determined after reviewing the development proforma and the impact of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Key Highlights

  • Four‑unit brick building, offering significant investment potential.
  • Each unit contains 2 bedrooms and 1 bath.
  • Includes two vacant lots, expanding development possibilities.

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

288
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
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?
Quadplex - Four-unit brick building with renovation potential and vacant lots.
Where is this quadplex located?
The property is located at 3758 ROCHESTER St Detroit, MI.
What are key features of this property?
This property features: Four‑unit brick building, offering significant investment potential.; Each unit contains 2 bedrooms and 1 bath.; Includes two vacant lots, expanding development possibilities.
More about this property
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