Six-Unit Apartment Building in Detroit

5700 TOWNSEND St, Detroit, MI 48213

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Six-unit apartment building in up-and-coming Detroit neighborhood.

Type:Investment

HighLights

Six‑unit apartment building offers immediate rental income potential.
Features a mix of unit sizes: Four 2‑bedroom units and two 1‑bedroom units.
Located in an up‑and‑coming neighborhood.
Good transit score of 52.
Built in 1912.
Potential for growth and increased value.

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Listing Contact

Natasha C Richards

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For Sale

Contact for pricing

Six-unit apartment building in up-and-coming Detroit neighborhood.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 54
Last Refresh:: Apr 24 at 3:39 pm

Property Features for 5700 TOWNSEND St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1912

We can help!

Listing Contact

Natasha C Richards

Listing agent Natasha C Richards License #6502385914

Listing office Bellabay Realty Tri-Counties

Listing date Apr 24, 2026

Source Elliman

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 Bellabay Realty Tri-Counties

HighLights

Six‑unit apartment building offers immediate rental income potential.
Features a mix of unit sizes: Four 2‑bedroom units and two 1‑bedroom units.
Located in an up‑and‑coming neighborhood.
Good transit score of 52.
Built in 1912.
Potential for growth and increased value.

Overview

This six-unit apartment building offers significant potential in an up-and-coming Detroit neighborhood. The property comprises four two-bedroom units and two one-bedroom units. While the building requires renovation, it presents opportunities for growth. Note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for five years following the property's ownership transfer. This tax capture might not be compatible with tax abatements or lot combinations. The DLBA will assess requests to waive its tax capture rights and may require a payment instead of taxes. The payment amount will be determined after reviewing the development proforma and the impact of any tax abatements on financing. Refer to the DLBA proposal guidelines for details. The property has a bike score of 48, indicating it is somewhat bikeable, a walk score of 26, indicating car-dependent, and a transit score of 52, indicating good transit.

Location Intelligence

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Apartment buildings

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Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.0190678
Latitude: 42.3801842

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For sale
Apartment buildings
MI
Detroit
48213
5700 TOWNSEND St

What type of property is this?

Apartment building - Six-unit apartment building in up-and-coming Detroit neighborhood.

Where is this apartment building located?

The property is located at 5700 TOWNSEND St Detroit, MI.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Six‑unit apartment building offers immediate rental income potential.; Features a mix of unit sizes: Four 2‑bedroom units and two 1‑bedroom units.; Located in an up‑and‑coming neighborhood.

5700 TOWNSEND St, Detroit, MI 48213

Six-unit apartment building in up-and-coming Detroit neighborhood.

Property Features for 5700 TOWNSEND St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Auto Repair Facility

Detroit Industrial Opportunity For Sale

Detroit Retail Center on Joy

E Warren Retail Opportunity

Rail-Served Heavy Industrial Yard

Turnkey Dry Cleaning Facility

Profitable Auto Business with Real Estate

Detroit Industrial Property with Renovated Office

Detroit Commercial/Industrial Multi-Use Property

Renovated 18-Unit Brick Apartment

Detroit Mixed-Use Property For Sale

Detroit Office Building on Grand River

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