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    Detroit, MI Grand Rapids, MI Kalamazoo, MI
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    Detroit Multifamily Investment Opportunity
    Updated: Apr 16
    Detroit Multifamily Investment Opportunity

    13660 Ohio Street, Detroit, MI 48238

    $725,000
    5,832 sqft · 0.28 AC lot
    Brick multifamily built in 1927 with forced‑air heating and public water service
    8‑unit rental property with 100% occupancy and all units updated and leased
    Unit mix: eight 2‑bedroom units with 1 full bathroom each
    Current income of $1,000 per month per unit
    Each unit has its own furnace
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    This listing looks promising.

    Here's a quick look at some key insights for

    13660 Ohio Street, Detroit, MI 48238

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $61K
      Annual

    • Price @ 7% Cap

      $874K
      Above asking

    • Property Type

      Residential Income
      Built 1927
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    Fully Renovated 18-Unit Apartment Building
    Updated: Jun 15
    Fully Renovated 18-Unit Apartment Building

    13233 La Salle Boulevard, Detroit, MI 48238

    $999,999
    9,000 sqft · 0.20 AC lot
    18‑unit apartment building, mix of 1- and 2‑bedroom units
    Fully renovated building
    Approximately 50% occupied; collect rents Day 1 while filling remaining units
    Year built 1927
    Vinyl construction materials with forced‑air heating
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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    14318 E Jefferson Avenue, Detroit, MI 48215

    $749,900
    5,874 sqft · 0.16 AC lot

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

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    Six-Property Multifamily Portfolio
    Six-Property Multifamily Portfolio

    18036 SCHOENHERR Street, Detroit, MI 48205

    $2,999,999
    16,860 sqft · 0.30 AC lot

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

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    Multifamily Portfolio for Sale
    Multifamily Portfolio for Sale

    18029 SCHOENHERR Street, Detroit, MI 48205

    $2,999,999
    6,702 sqft · 0.11 AC lot

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

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    Multifamily Portfolio Package
    Multifamily Portfolio Package

    14296 Glenwood Street, Detroit, MI 48205

    $2,999,999
    9,744 sqft · 0.17 AC lot

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

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    Detroit Multifamily Investment Opportunity
    Detroit Multifamily Investment Opportunity

    10400 Whittier Street, Detroit, MI 48224

    $500,000
    10,222 sqft · 0.21 AC lot

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

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    Art Deco Mixed-Use Apartment Building
    Art Deco Mixed-Use Apartment Building

    15523 Mack Avenue, Detroit, MI 48224

    $1,000,000
    14,592 sqft · 0.17 AC lot

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

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    440 Robbe Avenue, Belleville, MI 48111

    $549,995
    3,840 sqft · 0.54 AC lot

    Well-maintained 2007 quadplex with open-concept layouts, patios, attached garages, and utility responsibility on each unit.

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    Turnkey Four-Unit Residential Income
    Turnkey Four-Unit Residential Income

    515 Neff Road, Grosse Pointe, MI 48230

    $1,295,000
    6,958 sqft · 0.34 AC lot

    Four fully updated residences with two flat-style and two townhome-style layouts, offered together as a single property.

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    Multifamily Portfolio Redevelopment
    Multifamily Portfolio Redevelopment

    10820 SCHOOLCRAFT Street, Detroit, MI 48238

    $2,999,999
    8,516 sqft · 0.09 AC lot

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

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    32-Unit Apartment Building
    32-Unit Apartment Building

    14440 Frankfort Street, Detroit, MI 48224

    $800,000
    32,934 sqft · 0.75 AC lot

    32-unit mix of one- and two-bedroom apartments with 2021 exterior and systems updates and renovated kitchens.

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    Detroit Multifamily Property with Parking
    Detroit Multifamily Property with Parking

    268 Marston Street, Detroit, MI 48202

    $529,900
    4,838 sqft · 0.13 AC lot

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

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    Detroit Multifamily Investment Opportunity
    Detroit Multifamily Investment Opportunity

    1197 VIRGINIA PARK Street, Detroit, MI 48202

    $1,075,000
    11,100 sqft · 0.32 AC lot

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

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    Detroit Multifamily Investment Opportunity
    Detroit Multifamily Investment Opportunity

    1197 VIRGINIA PARK Street, Detroit, MI 48202

    $1,075,000
    16,546 sqft · 0.32 AC lot

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

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    16-Unit Apartment Building
    16-Unit Apartment Building

    19131 Lahser Road, Detroit, MI 48219

    $900,000
    15,106 sqft · 0.35 AC lot

    Detroit, MI 16-unit income property with 12 units occupied and remaining units available for lease-up.

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    Four-Unit Rental Property
    Four-Unit Rental Property

    5319 Ivanhoe Street, Detroit, MI 48204

    $350,000
    4,000 sqft · 0.16 AC lot

    Four recently remodeled two-bedroom units with extensive major systems upgrades and a new tear-off roof.

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    Renovated Brick Duplex For Sale
    Renovated Brick Duplex For Sale

    2509 Gladstone Street, Detroit, MI 48206

    $299,900
    3,008 sqft · 0.11 AC lot

    Fully vacant, renovated duplex with two separate 3BR/1BA units, updated major systems, and detached 2-car garage.

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    Value-Add Duplex With Two Units
    Value-Add Duplex With Two Units

    895 Blaine Street, Detroit, MI 48202

    $250,000
    2,502 sqft · 0.10 AC lot

    Duplex for sale with one unit remodeled and rent-ready, plus a second unit suited for renovation.

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    Turnkey Renovated Brick Duplex
    Turnkey Renovated Brick Duplex

    5060 S Clarendon Street, Detroit, MI 48204

    $269,000
    2,800 sqft · 0.10 AC lot

    Fully renovated brick duplex with identical 3-bedroom units and a finished attic with its own bathroom.

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    Turnkey Renovated Duplex
    Turnkey Renovated Duplex

    3273 Cortland Street, Detroit, MI 48206

    $260,000
    2,700 sqft · 0.10 AC lot

    Fully renovated 3-bedroom, 1-bath duplex with separate utilities, fenced yard, and current lease for rental income.

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    Corner-Lot Two-Family Brick Home
    Corner-Lot Two-Family Brick Home

    2900 Taylor Street, Detroit, MI 48206

    $120,000
    2,712 sqft · 0.10 AC lot

    Two separate units each offer three bedrooms, one bath, formal dining, and living space with off-street parking.

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    Detroit Mixed-Use Investment Opportunity
    Detroit Mixed-Use Investment Opportunity

    15523 Mack Avenue, Detroit, MI 48224

    $1,000,000
    10,344 sqft · 0.17 AC lot

    Mixed-use building with 20 units near Grosse Pointe.

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    Brick Four-Unit Income Property
    Brick Four-Unit Income Property

    2441 Holbrook Street, Hamtramck, MI 48212

    $374,900
    3,036 sqft · 0.08 AC lot

    Updated brick quadplex with separate entrances and basement laundry hookups; one unit on month-to-month.

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    Wayne County, MI Multifamily Properties Market Trends and Statistics

    Explore 826 multifamily properties for sale in Wayne County, MI, showcased through 826 active listings on our real estate platform. These investment opportunities span a total of 2,215,800 square feet of properties for sale, with an estimated market value of $181,680,321.

    Sale prices for multifamily properties in Wayne County, MI start at $30,000, averaging $506,073, 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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