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Financial
Distress signals
Property profile

70 Westminster St Detroit, MI 48202

FOR SALE
Apartment buildings
View Listing
Property ID
US43-1322748
4,986 SF 0.13 ac lot Built 1912
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Property summary

AI-generated overview

This exceptional 8-unit apartment building, located at 70 Westminster St in Detroit, Michigan, presents a compelling investment opportunity. Built in 1912, this three-story, Class C multifamily property boasts 4,986 square feet and sits on a 0.13-acre lot (APN: 01-003133). The building is zoned R3, offering potential for redevelopment. Currently, the property features eight individual apartment units. The asking price is $800,000, translating to a land value of $160.45 per square foot.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.54%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.3
Dental Office23.9
Realty agency22.3

Location

70 Westminster St Detroit, MI 48202
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8006 3rd, Detroit, MI 48202-2421 $208,500 Jun 2024 1,900 SF
455 Fry, Detroit, MI 48202-3813 $370,000 Dec 2022 2,778 SF
443 Fry, Detroit, MI 48202-3813 $470,500 Nov 2021 2,179 SF
459 Fry, Detroit, MI 48202-3813 $390,000 Sep 2020 2,764 SF
430 Fry, Detroit, MI 48202-3814 $370,000 May 2020 2,576 SF
421 Fry, Detroit, MI 48202-3813 $339,000 May 2020 1,963 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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