Mid-Rise Apartment
For Sale
$11,900,000
7236 Rutland Street, Detroit, MI 48228
Three-story, 186-unit apartment building built in 1974 and enrolled in a 15-year pilot program.
Property Size150,160 SF
Lot Size5.56 Acres
Price / SF$79.25
Days on Market84
Property Features for 7236 Rutland Street
General Information
Standard status
Active
Size
150,160 SF
Lot size
5.56 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
186
Building Details
Building Size
150,160 SF
Year Built
1974
Stories
3
Listing Agency:
Keystone Commercial Real Estate
(248) 406-7116
Listed By:
Ferris Hamama · License #6501255590
Source:
Keystonecres
Added: Jun 2
Changed: Aug 8
Last Checked: Aug 23 at 4:11AM
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 Keystone Commercial Real Estate
Investment Insights
Based on property information with market context.
West Park Manor Apartment is a three-story, mid-rise apartment building with 186 units, totaling 150,160 square feet on 5.56 acres. The property was built in 1974 and is configured with 102 one-bedroom units and 84 two-bedroom units.
The building is described as an investment-focused multifamily asset in the Detroit area, with enrollment in a 15-year pilot program. The unit mix is intended to support ongoing residential demand for comfortable apartment living within a stable, established property structure.
The building is described as an investment-focused multifamily asset in the Detroit area, with enrollment in a 15-year pilot program. The unit mix is intended to support ongoing residential demand for comfortable apartment living within a stable, established property structure.
Key Highlights
- Three‑story, 186‑unit apartment building built in 1974
- 150,160 SF apartment building on 5.56 acres
- Unit mix: 102 1‑bedroom units and 84 2‑bedroom units
Property Analytics
Current Use
Lease Details
186
Residential units
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
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 - Three-story, 186-unit apartment building built in 1974 and enrolled in a 15-year pilot program.
Where is this apartment building located?
The property is located at 7236 Rutland Street Detroit, MI.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: Three‑story, 186‑unit apartment building built in 1974; 150,160 SF apartment building on 5.56 acres; Unit mix: 102 1‑bedroom units and 84 2‑bedroom units
