Four-Unit Multifamily Investment
For Sale
Contact for pricing
9359 Broadstreet Ave, Detroit, MI 48204
Four-unit property near Henry Ford Hospital, Motown Museum, downtown.
Property Size5,198 SF
Lot Size0.13 Acres
Price / SF$3.20
Days on Market165
Property Features for 9359 Broadstreet Ave
General Information
Standard status
Active
Size
5,198 SF
Lot size
0.13 Acres
Property subtype
Investment
Building Details
Building Size
5,198 SF
Year Built
1924
Units
4
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Elliman
Added: Mar 10
Changed: Aug 15
Last Checked: Aug 20 at 11:35AM
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 Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This four-family unit, offering over 5,000 square feet, presents a significant investment opportunity. Located minutes from Henry Ford Hospital and the Motown Museum, and within a short drive or bike ride to downtown, the property requires renovation to restore it. The sale is contingent on a buyer/seller executed development agreement. Proposals must include proof of funds documentation, development timelines, and offer amounts. Renovation experience, whether with the Detroit Land Bank Authority or not, must include addresses and before/after photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Key Highlights
- Large 4‑family unit with over 5,000 square feet.
- Excellent location near Henry Ford Hospital and Motown Museum.
- Close proximity to downtown Detroit (short drive or bike ride).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
362
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property near Henry Ford Hospital, Motown Museum, downtown.
Where is this quadplex located?
The property is located at 9359 Broadstreet Ave Detroit, MI.
What are key features of this property?
This property features: Large 4‑family unit with over 5,000 square feet.; Excellent location near Henry Ford Hospital and Motown Museum.; Close proximity to downtown Detroit (short drive or bike ride).
