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Detroit East Side Apartment Building
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9700 Chalmers Street, Detroit, MI 48213

10-unit apartment building on Detroit's East Side.

Property Size5,515 SF
Price / SF$58.93
Days on Market76

Property Features for 9700 Chalmers Street

General Information

Standard status Active
Size 5,515 SF
Property subtype Retail, Multifamily
Zoning B4

Building Details

Year Built 1980
Buildings 1
Stories 2
Listing Agency: O'Connor Real Estate
Listed By: Sloane Walsh · License #6501404147
Source: Crexi
Added: May 27 Changed: Aug 7 Last Checked: Aug 9 at 12:28PM

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 O'Connor Real Estate

Investment Insights

Based on property information with market context.

The property at 9700 Chalmers Street is a 10-unit apartment building situated on Detroit’s East Side. The building contains a total of 5515 square feet. Each of the ten units features a one-bedroom, one-bathroom layout. The units are characterized by expansive layouts and abundant natural light. The property presents an investment opportunity for those seeking stable cash flow.

Key Highlights

  • Stable cash flow from a 10‑unit apartment building.
  • Strong occupancy rates indicating high demand.
  • Excellent investment opportunity on Detroit's East Side.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Building Supply

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

278
Businesses Nearby

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 10-unit apartment building on Detroit's East Side.
Where is this apartment building located?
The property is located at 9700 Chalmers Street Detroit, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Stable cash flow from a 10‑unit apartment building.; Strong occupancy rates indicating high demand.; Excellent investment opportunity on Detroit's East Side.
(313) 704-2678 Call to check price and availability
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