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Multifamily Investment Opportunity
For Sale
$150,000

9359 Otsego St, Detroit, MI 48204

For sale multifamily property offered as part of an 11-property Downtown portfolio.

Property Size2,688 SF
Price / SF$55.80
Days on Market189

Property Features for 9359 Otsego St

General Information

Standard status Active
Size 2,688 SF
Property subtype Multi-Family

Site & Location

Neighborhood Petoskey-Otsego

Building Details

Year Built 1918
Listing Agency: KW Professionals
Listed By: Michael Gerisch · License #6501414774
Source: Premiermichiganhomesearch
Added: Apr 28 Changed: Oct 26 Last Checked: Nov 1 at 12:05PM

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 KW Professionals

Rey
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Investment Insights

Based on property information with market context.

This multifamily property is being offered for sale at 9359 Otsego St, Detroit, MI 48204, and is one of 11 properties included in a portfolio being sold within the Downtown Area. Buyers may purchase one or as many of the listed properties as they choose.

The property is located in the historic Nardin Park neighborhood, which is described as a designated Strategic Neighborhood Fund (SNF) target area. BikeScore is listed at 54 (Bikeable), walkScore at 35 (Car-Dependent), and transitScore at 52 (Good Transit), which may be useful for evaluating day-to-day accessibility for tenants and visitors.

The offering also references streetscape and area improvements around the Dexter Avenue corridor, including facade upgrades, public art, and retail pop-ups.

Key Highlights

  • Multifamily property built in 1918
  • Part of an 11‑property portfolio sale in the Downtown Area (buy 1 or multiple)
  • Located in the Nardin Park neighborhood of Detroit

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Specialty properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

296
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
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Frequently Asked Questions

What type of property is this?
Specialty property - For sale multifamily property offered as part of an 11-property Downtown portfolio.
Where is this specialty property located?
The property is located at 9359 Otsego St 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: Multifamily property built in 1918; Part of an 11‑property portfolio sale in the Downtown Area (buy 1 or multiple); Located in the Nardin Park neighborhood of Detroit
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