Multifamily Property with Gated
For Sale
$1,500,000
8868 Wyoming Ave, Detroit, MI 48204
Two nearby properties offer separately metered utilities and tenant parking within a multifamily configuration.
Property Size31,099 SF
Price / SF$48.23
Days on Market534
Property Features for 8868 Wyoming Ave
General Information
Standard status
Active
Size
31,099 SF
Property subtype
Multifamily
Zoning
B2
Additional Details
Utilities to Site
Yes
Amenities
gated parking
Building Details
Building Size
31,099 SF
Year Built
1967
Buildings
1
Stories
3
Listing Agency:
NAI Farbman
Listed By:
Mario Giglio · License #6501415206
(248) 353-0500
Source:
Cpix.resimplifi
Added: Mar 18, 2025
Changed: Aug 31
Last Checked: Aug 31 at 3:08AM
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 NAI Farbman
Investment Insights
Based on property information with market context.
The offering includes two multifamily properties built in 1967 and classified under B2 zoning. Utilities are separately metered, providing distinct utility billing for the properties. Gated parking is available for tenants, while the site has no amenities requiring ownership maintenance.
The properties are located within close proximity to one another, allowing them to be managed as a nearby pair. Together, the buildings provide a multifamily ownership opportunity with tenant parking and a straightforward physical setup.
The properties are located within close proximity to one another, allowing them to be managed as a nearby pair. Together, the buildings provide a multifamily ownership opportunity with tenant parking and a straightforward physical setup.
Key Highlights
- Two multifamily properties located within close proximity to one another
- Separately metered utilities
- Gated parking available to tenants
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
361
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two nearby properties offer separately metered utilities and tenant parking within a multifamily configuration.
Where is this multifamily property located?
The property is located at 8868 Wyoming Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two multifamily properties located within close proximity to one another; Separately metered utilities; Gated parking available to tenants
