Renovated 8-Unit Apartment
7430 Alaska, Detroit, MI 48204
For Sale
$399,000
Business Opportunity, Detroit, MI
Property Size5,160 SF
Lot Size0.10 Acres
Price / SF$77.33
Days on Market106
Property Features for 7430 Alaska
General Information
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Bathrooms
Full bathrooms
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Standard status
APN
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Tax Annual Amount
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Building Details
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Listing Agency:
RE/MAX Connection - Detroit
Listed By:
Dennis Jakub · License MI #6501449193
(248) 505-2509
Added: Jul 28
Changed: Oct 30
Last Checked: Nov 10 at 6:06PM
MLS# 11898263
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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This 8-unit apartment building contains 5,160 square feet on a 0.1-acre parcel. Built in 1926 with brick construction, the property has undergone extensive improvements, including renovated kitchens, bathrooms, flooring, doors, fixtures, appliances, common areas, plumbing, and exterior elements. The work also includes 56 new windows, six new furnaces, and six new water heaters. Units feature vinyl flooring, while heating is provided by natural gas and forced air. Public water serves the property.
The building is located at 7430 Alaska in Detroit, Michigan, two blocks from the Joe Louis Greenway and 10–15 minutes from Downtown Detroit, Midtown, major employers, and retailers. An unused basement provides space for potential coin-operated laundry and tenant storage, subject to applicable approvals and buildout requirements.
The building is located at 7430 Alaska in Detroit, Michigan, two blocks from the Joe Louis Greenway and 10–15 minutes from Downtown Detroit, Midtown, major employers, and retailers. An unused basement provides space for potential coin-operated laundry and tenant storage, subject to applicable approvals and buildout requirements.
Key Highlights
- 8‑unit apartment building with 5,160 square feet of building area
- Extensive updates include renovated unit interiors, common areas, plumbing, and exterior improvements
- 56 new windows, six new furnaces, and six new water heaters
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
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Business Placement
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with updated interiors, building systems, and common areas, plus unused basement space for future tenant amenities.
Where is this apartment building located?
The property is located at 7430 Alaska Detroit, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 8‑unit apartment building with 5,160 square feet of building area; Extensive updates include renovated unit interiors, common areas, plumbing, and exterior improvements; 56 new windows, six new furnaces, and six new water heaters
