Multifamily Commercial Real Estate for Sale in Detroit, Michigan

Browse 55 multifamily properties for sale in Detroit, Michigan (MI) with an average asking sale price of $384 per SF and an average size of 11,560 SF.

Current Inventory55
Average Available Size11,560 SF
Total Available Size23,120 SF
Average Asking Price$2,394,813
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Sale Multifamily

River Rouge Residential Portfolio

281 Campbell St, Detroit, MI 48209

  • $2.8M

21 Single Family Homes and 5 Multi- Family Buildings - 32 Units Combined Turn- Key Single Family & Multi- Family PortfolioFully- Rehabbed Rental Units100% OccupiedStrong Rental RatesAll Located Nearby for Ease of Management

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Sale Multifamily

Presidential Plaza Apartments

16810 Lasher Rd, Detroit, MI 48219

  • $3.6M
  • 39,148 SF building
  • 0 ac

Newly renovated 48 unit apartment complex in northwest Detroit. Great potential for a motivated Buyer to push to a 10%+ cap rate. 3 layer keypad security - gate, building and room. Loan assumption available as an option. Many amenities in the surrounding area (Meijer, banks, restaurants, etc.) 48 unit apartment complex - 36 units currently occupiedActuals & projected NOI included - 11.89% upside cap at askNEW current market rent of $895/moMonth-to-month tenants pay $920/mo47/48 units completely remodeled from 2018-2022Full firestone roof replacement in 2014 (25 yr warranty)

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Sale Multifamily

9645 Shoemaker St

9645 Shoemaker St, Detroit, MI 48213

  • $599K
  • 35,000 SF building
  • 0 ac

Thirty (30) unit vacant apartment buildingPreviously operated as 100% section 8Large unitsLocated near Gratiot Ave & I-94Unit Mix: 13 2BR units; 17 3BR unitsContact Broker for additional information

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Sale Multifamily

18435 Hoover St

18435 Hoover St, Detroit, MI 48205

  • $789K
  • 9,800 SF building
  • 0 ac

Sixteen (16) unit apartment complex for sale in Detroit, MI. Sixteen (16) unit apartment buildingWell maintained brick buildingValue add through lease up and rent increasesTwelve 1BR units; Four 2BR unitsContact Broker for financialsMotivated seller

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12693 Westphalia St

12693 Westphalia St, Detroit, MI 48205

  • $349K
  • 6,600 SF building
  • 0 ac

Seven (7) unit apartment building for sale in Detroit, MI. 7 unit apartment building for saleNewer roof and balconyPrivate entry to all unitsOn-site parkingFirst time being offered for saleContact Broker for financials

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Sale Multifamily

Detroit Duplex Portfolio

4249 Elmhurst St, Detroit, MI 48204

  • $159K
  • 0 ac

Two (2) property duplex portfolio for sale in Detroit, MI. Two (2) duplex portfolio for sale4249 Elmhurst: Two 3BR units14731 E Forest: Two 1BR unitsNew roof in 2024 on 4249 ElmhurstBoth properties located in areas receiving large development funding

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