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389-Unit Riverfront Apartment Community
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8100 E Jefferson Ave, Detroit, MI 48214

Detroit riverfront apartment community with value-add potential.

Property Size280,496 SF
Price / SF$89.13
Days on Market184

Property Features for 8100 E Jefferson Ave

General Information

Standard status Active
Size 280,496 SF
Class A
Property subtype Multifamily
Investment Type Value Add

Building Details

Year Built 1922
Year Renovated 2017
Buildings 4
Stories 8
Units 389
Listing Agency: Matthews
Listed By: Bryan Kunze · License #475162316
Source: Crexi
Added: Feb 19 Changed: Aug 17 Last Checked: Aug 21 at 10:56PM

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 Matthews

Investment Insights

Based on property information with market context.

This 389-unit riverfront apartment community is located in the heart of Detroit’s Gold Coast. The multifamily property consists of four eight-story towers. The unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom floorplans. This property represents a value-add multifamily investment opportunity.

Key Highlights

  • 389‑unit multifamily investment opportunity.
  • Located in the heart of Detroit’s Gold Coast.
  • Riverfront apartment community.

Property Analytics

Current Use

Bldg. A Apartment Building Bldg. C Apartment Building Alden Towers Real Estate Agency Feelin’ Pretty Hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Detroit riverfront apartment community with value-add potential.
Where is this apartment building located?
The property is located at 8100 E Jefferson Ave Detroit, MI.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 389‑unit multifamily investment opportunity.; Located in the heart of Detroit’s Gold Coast.; Riverfront apartment community.
More about this property
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