34
See all 34 photos
$1,075,000
Est. payment /mo
14 Baths
5,227 Sqft Lot
Active
11765 GLENFIELD Street Detroit, MI 48213
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250024421
Year Built 1930
Annual Tax Amount $4,733
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50.00 x 106.00
Source Realcomp
Property Description
Fully updated 14-unit multifamily apartment building in the heart of Detroit's East Side, nestled in the Gratiot-Findlay neighborhood. This turnkey asset features all new plumbing, electrical, drywall, windows, mechanicals including AC, and new gas lines—offering a truly low-maintenance, long-term investment opportunity.Strategically located directly behind the Detroit Police Department's 9th Precinct, the property benefits from exceptional built-in security. Just steps from Gratiot Ave, residents enjoy easy access to public transportation, shopping, restaurants, and everyday amenities, along with quick connectivity to Downtown Detroit.An added bonus: an adjacent side lot is available through the City, ideal for future development, additional parking, or expanded outdoor space.Currently, 12 out of 14 units are leased, generating $14,200 per month in rent plus an additional $400 in water reimbursement for a total monthly income of $14,600. Current owner is netting $135,840 annually. A previous appraisal came in at $1.15M, with the full report uploaded in the documents for review.Don't miss this exceptional value—secure this fully modernized, income-producing multifamily building while it's still available. opportunity in a growing area!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction S of Glenfield Ave / W of Gunston St
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I010602S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by EXP Z Real Estate
GET MORE INFORMATION