Renovated 62-Unit Apartment
For Sale
Contact for pricing
550 Parkview Dr, Detroit, MI 48214
Four-story brick community with studio, one-, and two-bedroom residences in Detroit’s East Jefferson Gold Coast neighborhood.
Property SizeContact for details
Days on Market144
Property Features for 550 Parkview Dr
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Global Real Estate Advisors (GREA)
Listed By:
Cary Belovicz · License #MI 6502406329
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:11PM
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 Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
This four-story brick apartment property was built in 1953 and occupies 2.06 acres in Detroit’s Joseph Berry Subdivision. The 62-unit community includes studio, one-bedroom, and two-bedroom layouts, with numerous apartments updated with stainless-steel appliances, refreshed cabinetry, granite countertops, hardwood floors, and large bedrooms with walk-in closets.
Property amenities include on-site parking, two laundry facilities, a dedicated storage area, and controlled access to the building. Select residences have views of the marina and Waterworks Park. The property is located at 550 Parkview Dr in Detroit’s East Jefferson Gold Coast neighborhood.
Property amenities include on-site parking, two laundry facilities, a dedicated storage area, and controlled access to the building. Select residences have views of the marina and Waterworks Park. The property is located at 550 Parkview Dr in Detroit’s East Jefferson Gold Coast neighborhood.
Key Highlights
- 62‑unit multifamily community on 2.06 acres
- Four‑story brick building constructed in 1953
- Studio, one‑bedroom, and two‑bedroom floor plans
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story brick community with studio, one-, and two-bedroom residences in Detroit’s East Jefferson Gold Coast neighborhood.
Where is this apartment building located?
The property is located at 550 Parkview Dr Detroit, MI.
What are key features of this property?
This property features: 62‑unit multifamily community on 2.06 acres; Four‑story brick building constructed in 1953; Studio, one‑bedroom, and two‑bedroom floor plans
