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Listed price in listed location currency (USD).
$700,000

090

MLS® 20261057305

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 7000 sqft
Garage 
Taxes $22,141
Days Active 1
Lot Size 0.07 Acres
Approx. Age 1925
Avg. Price Per Sqft $100
MLS® Number 20261057305

Property Address: 14800 E Vernor Hwy, Detroit, MI, 48215-2587

Average square foot calculated using Size range provided by listing agent.

Description

9-Unit Brick Asset | East Detroit / Grosse Pointe Park Border Acquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside. Key Investment Highlights Fully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8). Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park. Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover. Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing). Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit. East-side corridor assets this close to the Pointes move quickly.
MLS® Number20261057305
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementPartially Finished
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

$595,000$595K

Appreciation

--

Avg. Days Listed

20 days

Today, For Sale for $700,000

Multifamily property featuring a brick facade with a prominent chimney
For Sale · 0 days

$700,000

MLS® 20261057305

7 hours ago

Not Sold Yet

July 2026, For Sale for $700,000

Multifamily property featuring a brick facade with a prominent chimney
For Sale · 0 days

$700,000

MLS® 20261057305

7 hours ago

Not Sold Yet

August 2024, Sold for $595,000

Sold · 20 days

$595,000

MLS® 20240029767

2 years ago

Sold on Aug 15, 2024

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