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12-Unit Multifamily Apartment Building
For Sale
$699,999

8133 Kentucky St, Detroit, MI 48204

Well-maintained 12-unit income property with possible additional basement units, subject to approvals.

Property SizeContact for details
Days on Market52

Property Features for 8133 Kentucky St

General Information

Standard status Active
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $10,000

Building Details

Year Built 1929
Units 12
Listing Agency: Network Realty LLC
Listed By: Ali Karem · License #6502380663
Source: Elliman
Added: Jun 21 Changed: Aug 7 Last Checked: Aug 10 at 8:27AM

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 Network Realty LLC

Investment Insights

Based on property information with market context.

This well-maintained 12-unit multifamily apartment building is presented for sale as-is. The property includes a basement level that may offer the possibility of adding up to two additional units, subject to buyer verification, zoning, permits, and City approval.

The building is located on Detroit’s west side, with convenient access to shopping, schools, public transportation, and major freeways. Buyer should conduct due diligence regarding all features, condition, and feasibility of any proposed changes.

For buyers seeking a straightforward residential income asset, the current 12-unit configuration provides an immediate scale of ownership. The basement unit concept may appeal to investors or owner-operators interested in evaluating redevelopment and permitting pathways, with all conclusions dependent on verification and approvals. Proof of funds is required with all offers, and buyers and their agents are responsible for verifying all information (BATVAI).

Key Highlights

  • Well‑maintained 12‑unit multifamily apartment building (year built 1929)
  • Basement may allow for 2 additional units, subject to buyer verification, zoning, permits, and city approval
  • Convenient Detroit west‑side location near shopping, schools, public transportation, and major freeways

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Spa & Massage Center Gym & Fitness Center Skin Care Clinic

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

Lease Details

12
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

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

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

What type of property is this?
Apartment building - Well-maintained 12-unit income property with possible additional basement units, subject to approvals.
Where is this apartment building located?
The property is located at 8133 Kentucky St Detroit, MI.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Well‑maintained 12‑unit multifamily apartment building (year built 1929); Basement may allow for 2 additional units, subject to buyer verification, zoning, permits, and city approval; Convenient Detroit west‑side location near shopping, schools, public transportation, and major freeways
More about this property
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