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Listed price in listed location currency (USD).
$900,000

0160

MLS® 20261050178

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 15106 sqft
Garage 
Taxes $41,576
Days Active 88
Lot Size 0.35 Acres
Approx. Age 1963
Avg. Price Per Sqft $59
MLS® Number 20261050178

Property Address: 19131 Lahser Rd, Detroit, MI, 48219-5523

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

Description

Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
MLS® Number20261050178
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
BasementPrivate Storage Locker, Unfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

$700$700

Appreciation

--

Avg. Days Listed

42 days

Today, For Sale for $900,000

IMG_2312.jpeg
For Sale · 89 days

$900,000

MLS® 20261050178

3 months ago

Not Sold Yet

July 2026, For Sale for $900,000

IMG_2312.jpeg
For Sale · 89 days

$900,000

MLS® 20261050178

3 months ago

Not Sold Yet

April 2026, Leased for $700

Snow covered property featuring brick siding
Leased · 42 days

$700$670

MLS® 20261017485

5 months ago

Sold on Apr 30, 2026

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