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Two-Story Multifamily Building
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15255 Mayfield St, Detroit, MI 48205

Two-story building with 24 bedrooms for up to 36 students.

Property Size13,216 SF
Price / SF$56.75
Days on Market1229

Property Features for 15255 Mayfield St

General Information

Standard status Active
Size 13,216 SF
Property subtype Multifamily

Building Details

Stories 2
Listing Agency: NAI Farbman Southfield
Listed By: Brandon Ben-Ezra · License #6505136668
Source: Crexi
Added: Apr 12, 2023 Changed: Aug 17 Last Checked: Aug 21 at 8:27PM

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 Southfield

Investment Insights

Based on property information with market context.

The subject property is a two-story structure with one floor below grade. The building has a total size of 13,216 square feet and contains 24 bedrooms, accommodating up to 36 students.

Key Highlights

  • Large building size: 13,216 SF
  • High occupancy potential: Accommodates up to 36 students
  • Significant number of bedrooms: 24 bedrooms

Property Analytics

Current Use

Acadia Healthcare Physician Capstone Academy North-St. ... High School

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Pharmacy Kitchen & Bath Showroom

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

344
Businesses Nearby

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value

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?
Apartment building - Two-story building with 24 bedrooms for up to 36 students.
Where is this apartment building located?
The property is located at 15255 Mayfield St Detroit, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Large building size: 13,216 SF; High occupancy potential: Accommodates up to 36 students; Significant number of bedrooms: 24 bedrooms
(248) 353-0500 Call to check price and availability
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