Remodeled 10-Unit Apartment
For Sale
$615,000
Pending
71 E GREAT LAKES Street, River Rouge, MI 48218
The property offers consistent one-bedroom layouts with separately metered gas and electric service.
Property Size9,150 SF
Days on Market482
Property Features for 71 E GREAT LAKES Street
General Information
Standard status
Pending
Size
9,150 SF
Property subtype
Multi Family
Units
Unit Mix
10 x 1BR
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$9,460
Building Details
Year Built
1940
Year Renovated
2018
Listing Agency:
Gemstone Realty
(248) 755-1995
Listed By:
Shannon McDougal · License #6502353700
(248) 755-1995
Source:
Exitrealty
Added: May 8, 2025
Changed: Aug 30
Last Checked: Aug 31 at 5:00PM
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 Gemstone Realty
Investment Insights
Based on property information with market context.
This 10-unit apartment building contains 9,150 square feet and was constructed in 1940. The property underwent a full remodel during 2017/2018, with permits obtained for the work. Each residence follows the same one-bedroom layout, while individual unit condition may vary.
Residents are responsible for their own gas and electric through DTE, and every apartment has separate metering. All occupants are on month-to-month agreements. Annual city inspections provide an ongoing review of the property, and the building is located at 71 E Great Lakes Street in River Rouge City, Michigan.
Residents are responsible for their own gas and electric through DTE, and every apartment has separate metering. All occupants are on month-to-month agreements. Annual city inspections provide an ongoing review of the property, and the building is located at 71 E Great Lakes Street in River Rouge City, Michigan.
Key Highlights
- 10 apartments, each configured as a 1‑bedroom unit
- 9,150 square feet in a 1940‑built apartment building
- Full remodel completed in 2017/2018 with permits
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 48218, MI
7,271
Population
3,466
Households
2.1
Avg Household Size
34
Median Age
7%
College-Educated
78%
High-School Grad
2.2 sq mi
ZIP Area
3,305
Density / Sq Mi
$32,683
Median Household Income
$32,246
Median Earnings
$759
Median Rent
$56,100
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 - The property offers consistent one-bedroom layouts with separately metered gas and electric service.
Where is this apartment building located?
The property is located at 71 E GREAT LAKES Street River Rouge, MI.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 10 apartments, each configured as a 1‑bedroom unit; 9,150 square feet in a 1940‑built apartment building; Full remodel completed in 2017/2018 with permits
