Detroit, MI Multifamily Properties for Sale

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Ecorse, MI Hamtramck, MI Highland Park, MI

622 listings

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$999,999

9,000 SF

Renovated 18-Unit Brick Apartment

13233 La Salle Boulevard, Detroit, MI 48238

Fully renovated building with 1- and 2-bedroom units, currently about half occupied, supporting immediate rent collection.

18‑unit fully renovated apartment building with recent updates throughout
Unit mix of 1- and 2‑bedroom apartments
Approximately 50% occupied; collect rents Day 1 while filling remaining units at market rates
Minutes to Wayne State University, Detroit Medical Center, and Midtown
Built in 1927 with forced‑air heating and public water

Updated: Jun 15

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Detroit Multifamily Investment Opportunity

$500,000

10,222 SF

Detroit Multifamily Investment Opportunity

10400 Whittier Street, Detroit, MI 48224

16-unit apartment building with value-add potential in Detroit.

Value‑add opportunity through renovations and lease‑up.
16‑unit apartment building with a desirable unit mix, featuring 14 one‑bedroom and 2 two‑bedroom units.
Significant upside potential through improved operations and rent stabilization.
Ideal for investors seeking to increase cash flow in Detroit's multifamily market.
Brick construction.

Updated: May 21

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$725,000

5,832 SF

Detroit Multifamily Investment Opportunity

Turnkey 8-unit property in desirable Detroit neighborhood.

13660 Ohio Street, Detroit, MI 48238

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$749,900

5,874 SF

Mixed-Use Building with Storefronts

Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

14318 E Jefferson Avenue, Detroit, MI 48215

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$2,999,999

16,860 SF

Six-Property Multifamily Portfolio

Six multifamily buildings sold together, including one fully renovated and occupied unit with five others prepared for redevelopment.

18036 SCHOENHERR Street, Detroit, MI 48205

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$2,999,999

6,702 SF

Multifamily Portfolio for Sale

Six multifamily properties are offered together, with one fully renovated and occupied and five in cleared, secured condition.

18029 SCHOENHERR Street, Detroit, MI 48205

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$2,999,999

9,744 SF

Multifamily Portfolio Package

Six Detroit multifamily properties sold together, mixing an occupied renovated asset with multiple buildings ready for further renovation.

14296 Glenwood Street, Detroit, MI 48205

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$1,000,000

14,592 SF

Art Deco Mixed-Use Apartment Building

Mixed-use asset with 18 residential units and 2 commercial spaces on Mack Avenue.

15523 Mack Avenue, Detroit, MI 48224

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$2,999,999

8,516 SF

Multifamily Portfolio Redevelopment

Portfolio sale of six multifamily properties in Detroit, including a fully renovated occupied asset and multiple secured, rehab-ready buildings.

10820 SCHOOLCRAFT Street, Detroit, MI 48238

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Detroit Multifamily Property with Parking

$529,900

4,838 SF

Detroit Multifamily Property with Parking

Four-unit building with parking lot in Detroit's North End.

268 Marston Street, Detroit, MI 48202

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$1,075,000

11,100 SF

Detroit Multifamily Investment Opportunity

Well-maintained 9-unit property in desirable Virginia Park neighborhood.

1197 VIRGINIA PARK Street, Detroit, MI 48202

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$1,075,000

16,546 SF

Detroit Multifamily Investment Opportunity

Well-maintained 9-unit property in desirable Virginia Park neighborhood.

1197 VIRGINIA PARK Street, Detroit, MI 48202

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$400,000

4,000 SF

Renovated Quadplex with Four 2BR Units

Four recently remodeled two-bedroom units on a 6,795 sf lot with a brand-new tear-off roof and upgraded building systems.

5319 Ivanhoe Street, Detroit, MI 48204

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$266,000

2,700 SF

Turnkey Renovated Duplex

Completely renovated duplex with two 3-bedroom units, separate utilities, and exterior decks plus a newly built 2-car garage.

3273 Cortland Street, Detroit, MI 48206

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Detroit Mixed-Use Investment Opportunity

$1,000,000

10,344 SF

Detroit Mixed-Use Investment Opportunity

Mixed-use building with 20 units near Grosse Pointe.

15523 Mack Avenue, Detroit, MI 48224

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$250,000

2,562 SF

Renovated Duplex in Virginia Park

Fully renovated duplex in prime Detroit location.

1728 Pingree Street, Detroit, MI 48206

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$179,900

2,568 SF

Turnkey Duplex with Renovated Unit

Duplex with two 3-bedroom units, including a fully renovated vacant upper and a long-term Section 8 tenant in the lower.

13300 La Salle Boulevard, Detroit, MI 48238

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$499,999

3,370 SF

Brick 8-Unit Multifamily Building

Eight 1-bedroom units in a brick multifamily building with forced-air heat and public water/sewer service.

11744 Cascade Street, Detroit, MI 48204

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Renovated Multifamily Property in Detroit

$220,000

2,750 SF

Renovated Multifamily Property in Detroit

Updated duplex near downtown Detroit, ideal for investors or owners.

2638 Cortland Street, Detroit, MI 48206

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$225,000

2,502 SF

Duplex Income Property

Duplex for sale in Detroit offering one rent-ready unit and a second unit positioned for renovation.

895 Blaine Street, Detroit, MI 48202

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$300,000

3,640 SF

Brick 4-Unit Residential Income

Solid brick four-unit property with updated mechanicals, each unit featuring two bedrooms and one bath.

1565 W Grand Boulevard, Detroit, MI 48208

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Detroit Multifamily Property Near Development

$475,000

4,327 SF

Detroit Multifamily Property Near Development

Four-unit property in Detroit near upcoming multi-billion dollar development.

638 Seward Street, Detroit, MI 48202

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$325,000

2,614 SF

Brick Duplex with Enclosed Sun Porches

Turnkey Detroit duplex offers two updated units with enclosed brick sun porches and separate living spaces.

2254 Taylor Street, Detroit, MI 48206

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$210,000

2,650 SF

Renovated Three-Unit Multifamily

Renovated three-unit income property with fireplaces and a mix of 3- and 1-bedroom layouts.

3810 Tyler Street, Detroit, MI 48238

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Detroit, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 622 multifamily properties for sale in Detroit, MI, showcased through 622 active listings on our real estate platform. These investment opportunities span a total of 1,926,753 square feet of properties for sale, with an estimated market value of $158,992,273.

Sale prices for multifamily properties in Detroit, MI start at $30,000, averaging $523,000, and reaching up to $25,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 850K

Population Growth (5Y) -4.2%

Median Household Income $48,716

College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Hamtramck	$152.4K
Highland Park	$165K
Grosse Pointe	$171K
Detroit	$386K
Harper Woods	$469.9K

Taxes & Financing

Tax Rate (average for all types) 3.32%

Property Tax per SF $36.71 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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