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Multifamily Property Under Renovation
For Sale
$79,900

3998 Field St, Detroit, MI 48214

Two-story residential income property requiring completion of an existing remodel and offered in as-is condition.

Property Size2,760 SF
Price / SF$28.95
Days on Market90

Property Features for 3998 Field St

General Information

Standard status Active
Size 2,760 SF
Property subtype Multi-Family

Site & Location

Neighborhood Gratiot-Grand

Building Details

Year Built 1911
Listing Agency: Joseph Walter Realty, LLC
Listed By: Scott Fader · License #2020006263
Source: Premiermichiganhomesearch
Added: Aug 5 Changed: Oct 25 Last Checked: Nov 1 at 9:48AM

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 Joseph Walter Realty, LLC

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Investment Insights

Based on property information with market context.

This multifamily property contains 2,760 square feet and dates to 1911. The existing remodel remains unfinished, and the property is being offered in as-is condition. Located at 3998 Field St in Detroit, Michigan, the asset is classified as an other multifamily property and may suit an investor or owner-user prepared to complete the remaining work.

Key Highlights

  • 2,760 square feet of multifamily property
  • Built in 1911
  • Existing remodel remains unfinished

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

451
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
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

Frequently Asked Questions

What type of property is this?
Multifamily property - Two-story residential income property requiring completion of an existing remodel and offered in as-is condition.
Where is this multifamily property located?
The property is located at 3998 Field St Detroit, MI.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: 2,760 square feet of multifamily property; Built in 1911; Existing remodel remains unfinished
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