64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Property Details
Price:
$4,800,000
MLS #:
58050188303
Status:
Active
Beds:
88
Baths:
64
Address:
21400 W 7 Mile RD
Type:
Single Family
Subtype:
Multi Family
Subdivision:
STOLLMAN 3 ALSO PG 51
Neighborhood:
05032det6to8grnfldtolimits
City:
Detroit
Listed Date:
Sep 12, 2025
State:
MI
Finished Sq Ft:
50,478
ZIP:
48219
Year Built:
1955
See this Listing
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 AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
64 Full Bathrooms
Heating
Natural Gas, Separate Meters, Steam
Exterior
Financial
Taxes
$118,014
Map
Community
- Address21400 W 7 Mile RD Detroit MI
- SubdivisionSTOLLMAN 3 ALSO PG 51
- CityDetroit
- CountyWayne
- Zip Code48219
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21400 W 7 Mile RD
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