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Four-Unit Multifamily Property
New
For Sale
$40,000

8189 Prairie St, Detroit, MI 48204

The 1927-built residence requires full renovation and is offered in its current condition.

Property Size2,700 SF
Price / SF$14.81
Days on Market3

Property Features for 8189 Prairie St

General Information

Standard status Active
Size 2,700 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence full renovation

Additional Details

Multifamily Units 4

Building Details

Year Built 1927
Listing Agency: Compass Realty
Listed By: Beyond MI Realty
Source: Beyondmirealty
Added: Sep 24 Last Checked: Sep 26 at 6:33AM

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 Compass Realty

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 2,700 square feet and dates to 1927. It requires a full renovation and is being sold as-is, with its existing condition forming the basis for the next phase of work.

Key Highlights

  • Four‑unit multifamily property
  • 2,700 square feet
  • Built in 1927

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Dental Office

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

275
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - The 1927-built residence requires full renovation and is offered in its current condition.
Where is this quadplex located?
The property is located at 8189 Prairie St Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Four‑unit multifamily property; 2,700 square feet; Built in 1927
More about this property
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