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Multifamily Property Requiring Rehabilitation
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Pending

3810 CARTER Street, Detroit, MI 48206

A 1919 multifamily property requiring complete rehabilitation, with 2,534 square feet of building area.

Property Size2,534 SF
Days on Market631

Property Features for 3810 CARTER Street

General Information

Standard status Pending
Size 2,534 SF
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence NEEDS COMPLETE REHAB

Taxes and HOA fees

Annual Taxes $354

Building Details

Year Built 1919
Listing Agency: Reach Realty Group
Listed By: Ricqwain L Johnson · License #6501382811
Source: Exitrealty
Added: Jan 3, 2025 Changed: Sep 2 Last Checked: Sep 15 at 5:12AM

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 Reach Realty Group

Investment Insights

Based on property information with market context.

This multifamily property at 3810 Carter Street in Detroit was built in 1919 and contains 2,534 square feet. The building requires complete rehabilitation, making its current condition a central consideration for prospective purchasers.

The property is being offered through a QCD transaction and requires coordination with the DLBA transfer process. The buyer assumes responsibility for those requirements.

Key Highlights

  • 2,534‑square‑foot multifamily property
  • Built in 1919
  • Requires complete rehabilitation

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency 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

359
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - A 1919 multifamily property requiring complete rehabilitation, with 2,534 square feet of building area.
Where is this multifamily property located?
The property is located at 3810 CARTER Street Detroit, MI.
What are key features of this property?
This property features: 2,534‑square‑foot multifamily property; Built in 1919; Requires complete rehabilitation
More about this property
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