Six-Unit Apartment
For Sale
Contact for pricing
5700 TOWNSEND Street, Detroit, MI 48213
MULTI_FAMILY - Other - Detroit, MI
Property Size4,112 SF
Lot Size0.08 Acres
Price / SF$6.93
Days on Market675
Property Features for 5700 TOWNSEND Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family,Residential
Bedrooms
10
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 10, Bathroom 5, Bathroom 3, Basement, Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 9, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 2, Bedroom 7
Subdivision
WM TAITS (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
NORTH OF GRATIOT / BETWEEN E GRAND BLVD & VAN DYKE
Standard status
Active
APN
W17I012119S
Size
4,112 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E TOWNSEND 562 WM TAITS SUB L16 P87 PLATS, W C R 17/104 30 X 118
Tax Annual Amount
4372
Legal Description
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E TOWNSEND 562 WM TAITS SUB L16 P87 PLATS, W C R 17/104 30 X 118
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1912
Floors in Building
2
Number of units
6
Architectural style
Other
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Oct 7, 2024
Changed: Aug 2
Last Checked: Aug 12 at 6:06AM
MLS# 20240071565
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This six-unit apartment building includes four two-bedroom units and two one-bedroom units. The property is described as needing work, with public remarks noting room to grow. The building was constructed in 1912 and includes forced air heating, with public water service.
The property sits on a 0.08-acre lot in Detroit, MI 48213. It is zoned Multi-Family, Residential.
Public remarks also note a Detroit Land Bank Authority (DLBA) tax capture is entitled for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements and/or lot combinations that may otherwise be available to a purchaser. DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes to approve such requests, with the payment determined after reviewing the development proforma and the effect of any tax abatements on purchase and development financing.
The property sits on a 0.08-acre lot in Detroit, MI 48213. It is zoned Multi-Family, Residential.
Public remarks also note a Detroit Land Bank Authority (DLBA) tax capture is entitled for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements and/or lot combinations that may otherwise be available to a purchaser. DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes to approve such requests, with the payment determined after reviewing the development proforma and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Six‑unit apartment building: four two‑bedroom units and two one‑bedroom units
- Zoned Multi‑Family, Residential
- 0.08‑acre lot in Detroit, MI 48213
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 48213, MI
19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
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 - Six-unit apartment building with a mix of one- and two-bedroom units, zoned for multi-family use in Detroit.
Where is this apartment building located?
The property is located at 5700 TOWNSEND Street 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: four two‑bedroom units and two one‑bedroom units; Zoned Multi‑Family, Residential; 0.08‑acre lot in Detroit, MI 48213
