29-Unit Brick Apartment
For Sale
$1,500,000
653 Whitmore Rd, Highland Park, MI 48203
Brick multifamily property with dedicated parking, full-basement storage, and unit furnaces installed in 2023.
Property Size24,280 SF
Price / SF$61.78
Days on Market737
Property Features for 653 Whitmore Rd
General Information
Standard status
Active
Size
24,280 SF
Property subtype
Multifamily
Zoning
R5
Additional Details
Road Access
Yes
Multifamily Units
29
Amenities
parking lot
basement storage
Building Details
Building Size
24,280 SF
Year Built
1936
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Thomas A. Duke Company
Listed By:
Frank Rakipi
(313) 478-5400
Source:
Cpix.resimplifi
Added: Oct 14, 2024
Changed: Oct 1
Last Checked: Oct 19 at 3:11AM
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 Thomas A. Duke Company
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Investment Insights
Based on property information with market context.
Built in 1936, this 24,280-square-foot brick apartment property contains 29 units with spacious condo-style layouts. Each unit has a furnace installed in 2023, while the full basement provides additional storage. A dedicated parking lot serves the building, and the property is zoned R5.
The property is positioned on the south side of Whitmore Rd, north of McNichols Rd, in Palmer Park. It directly adjoins the Detroit Golf Club, providing a defined recreational setting near the building. The combination of unit count, parking, basement storage, and updated heating equipment supports a practical multifamily configuration.
The property is positioned on the south side of Whitmore Rd, north of McNichols Rd, in Palmer Park. It directly adjoins the Detroit Golf Club, providing a defined recreational setting near the building. The combination of unit count, parking, basement storage, and updated heating equipment supports a practical multifamily configuration.
Key Highlights
- 29‑unit apartment building totaling 24,280 square feet
- Brick construction completed in 1936
- Dedicated parking lot
Property Analytics
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Lease Details
29
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
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Business Placement
Demographics for 48203, MI
22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with dedicated parking, full-basement storage, and unit furnaces installed in 2023.
Where is this apartment building located?
The property is located at 653 Whitmore Rd Highland Park, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 29‑unit apartment building totaling 24,280 square feet; Brick construction completed in 1936; Dedicated parking lot
