28-Unit Apartment
New
For Sale
$150,000
820 Merton Rd, Detroit, MI 48203
Three-story multifamily property requiring complete renovation following previous fire damage, offered in its current condition.
Property Size19,128 SF
Days on Market3
Property Features for 820 Merton Rd
General Information
Standard status
Active
Size
19,128 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$28,333
Building Details
Building Size
19,128 SF
Year Built
1962
Units
28
Listing Agency:
Clyde Realty LLC
(313) 974-1830
Listed By:
Alex Lauer · License #6501387117
(313) 974-1830
Source:
Elliman
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 4:52AM
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 Clyde Realty LLC
Investment Insights
Based on property information with market context.
This three-story apartment building contains 28 one-bedroom units, each measuring 650 square feet. Constructed in 1962, the property has previous fire damage and requires complete renovation. The sale is offered in its current as-is condition.
The property includes 16 parking spaces and is located on the border of Palmer Park in Detroit. WalkScore is 71, described as Very Walkable; BikeScore is 51, described as Bikeable; and TransitScore is 46, described as Some Transit.
The property includes 16 parking spaces and is located on the border of Palmer Park in Detroit. WalkScore is 71, described as Very Walkable; BikeScore is 51, described as Bikeable; and TransitScore is 46, described as Some Transit.
Key Highlights
- 28‑unit apartment building with all units configured as one‑bedroom residences
- Each unit measures 650 square feet
- Three‑story property constructed in 1962
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 48203, MI
22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story multifamily property requiring complete renovation following previous fire damage, offered in its current condition.
Where is this apartment building located?
The property is located at 820 Merton Rd Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 28‑unit apartment building with all units configured as one‑bedroom residences; Each unit measures 650 square feet; Three‑story property constructed in 1962
