8-Unit Fully Renovated Multifamily
For Sale
$425,000
7430 Alaska, Detroit, MI 48204
COMMERCIAL - Detroit, MI
Property Size5,160 SF
Lot Size0.10 Acres
Price / SF$82.36
Days on Market12
Property Features for 7430 Alaska
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Family
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 7, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 8, Bathroom 6, Bathroom 3
Security features
Security System
Subdivision
Midwest
Standard status
Active
APN
16023656.
Size
5,160 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
15000
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1926
Floors in Building
2
Flooring type
Vinyl
Building materials
Brick
Listing Agency:
RE/MAX Connection - Detroit
(248) 505-2509
Listed By:
Dennis Jakub · License #6501449193
(248) 505-2509
Added: Jul 28
Changed: Aug 5
Last Checked: Aug 8 at 10:06PM
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.
Investment Insights
Based on property information with market context.
This fully renovated 8-unit multifamily building offers updated unit interiors and shared spaces. Improvements include renovated kitchens and bathrooms across the units, refreshed flooring, updated doors, fixtures, and appliances, along with updated plumbing. Additional capital work includes six new furnaces, six new water heaters, and 56 new windows, plus renovated common areas and exterior improvements. The property includes vinyl flooring, forced-air heating with natural gas, and public water service.
Set on a 0.1-acre lot, the building was constructed in 1926 and has brick construction. An unused basement provides an opportunity for additional utility space, including coin-operated laundry and tenant storage.
Located at 7430 Alaska in Detroit, the property is about two blocks from the Joe Louis Greenway and approximately 10 to 15 minutes from Downtown Detroit, Midtown, and major employers and retailers.
Set on a 0.1-acre lot, the building was constructed in 1926 and has brick construction. An unused basement provides an opportunity for additional utility space, including coin-operated laundry and tenant storage.
Located at 7430 Alaska in Detroit, the property is about two blocks from the Joe Louis Greenway and approximately 10 to 15 minutes from Downtown Detroit, Midtown, and major employers and retailers.
Key Highlights
- 8‑unit multifamily building on a 0.1‑acre lot
- Renovations include 56 new windows, six new furnaces, and six new water heaters
- Updated unit interiors: kitchens, bathrooms, flooring, doors, fixtures, and appliances
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
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
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 - Brick 8-unit multifamily with renovated interiors, updated plumbing, and extensive exterior and systems improvements.
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 $425,000.
What are key features of this property?
This property features: 8‑unit multifamily building on a 0.1‑acre lot; Renovations include 56 new windows, six new furnaces, and six new water heaters; Updated unit interiors: kitchens, bathrooms, flooring, doors, fixtures, and appliances
