13535 LA SALLE Boulevard Detroit MI 48238 MLS #20251019653

There are multiple listings for this address:
13535 LA SALLE Boulevard
Detroit, MI, 48238
$899,990
Beds
19 Baths
11,075 SqFt
0.19 Acres
Add
Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 12.5%+ cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don’t miss out on this amazing opportunity.

Property Details

Price:
$899,990
MLS #:
20251019653
Status:
Active
Beds:
0
Baths:
19
Address:
13535 LA SALLE Boulevard
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ROBERT OAKMANS TWELFTH ST PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Jul 22, 2025
State:
MI
Finished Sq Ft:
11,075
ZIP:
48238
Year Built:
1929
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

More About Andrea

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Schools

School District:
Detroit

Interior

Bathrooms
19 Full Bathrooms
Cooling
Wall Units
Heating
Natural Gas, Radiant, Steam
Laundry Features
Common Area, Laundry Room

Exterior

Architectural Style
Cape Cod, Traditional, Victorian
Construction Materials
Brick
Exterior Features
Lighting, Private Entrance
Parking Features
Lighted, Parking Lot, On Street
Parking Spots
25
Roof
Rubber, Tile
Security Features
Carbon Monoxide Detectors, Fire Alarm

Financial

Net Operating Income
$114,708
Taxes
$12,330

Map

Community

Similar Listings Nearby

13535 LA SALLE Boulevard
Detroit, MI
13535 LA SALLE Boulevard
Detroit, MI, 48238
$800
1 Beds
1 Baths
11,075 SqFt
0 Acres
Add
Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 12.5%+ cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don’t miss out on this amazing opportunity.

Property Details

Price:
$800
MLS #:
20251026947
Status:
Active
Beds:
1
Baths:
1
Address:
13535 LA SALLE Boulevard
Type:
Rental
Subtype:
Multi Family
Subdivision:
ROBERT OAKMANS TWELFTH ST PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Aug 20, 2025
State:
MI
Finished Sq Ft:
11,075
ZIP:
48238
Year Built:
1929
Ask a Question

See this Listing

Send
  

Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

More About Andrea

Mortgage Calculator

 

Schools

School District:
Detroit

Interior

Bathrooms
19 Full Bathrooms
Cooling
Wall Units
Heating
Natural Gas, Radiant, Steam
Laundry Features
Common Area, Laundry Room

Exterior

Architectural Style
Cape Cod, Traditional, Victorian
Construction Materials
Brick
Exterior Features
Lighting, Private Entrance
Parking Features
Lighted, Parking Lot, On Street
Parking Spots
25
Roof
Rubber, Tile
Security Features
Carbon Monoxide Detectors, Fire Alarm

Financial

Net Operating Income
$114,708
Taxes
$12,330

Map

Community

Similar Listings Nearby