11
See all 11 photos
$950,000
Est. payment /mo
19 Baths
8,712 Sqft Lot
Active
13205 La Salle Boulevard Detroit, MI 48238
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50199311
Year Built 1927
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 8712
Source MiRealSource
Property Description
Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit's most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.
Location
State MI
County Wayne
Area Wayne County - 100
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Keller Williams Paint Creek
NEARBY SCHOOL & BUSINESS
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