Prime location in the heart of midtown downtown Detroit. Opportunity knocks for this great potential to finish and renovate a multi-family apartment complex. The 3-story investment is located in the historic district and is conveniently located near landmarks in downtown Detroit. Central and convenient to lifestyle amenities and entertainment. This complex offers lucrative opportunities. Which consists of 15 units total, each unit consists of 1-bedroom, full bathroom, living room, dining room and a kitchen. 5 of 15 units have been rehabbed with appliances. Full parking lot in the rear of the complex. It is a rare opportunity indeed to invest. Property is sold AS IS. Buyer responsible for all City of Detroit Compliance. This property is zoned class SD1 (Mixed Use). Buyer and Buyers agent to confirm zoning and building code guidelines for inspections, permits, and city of Detroit compliance. Contact City of Detroit for the ZVL letter to find out the current legal use. Proof of funds and approved buyers only. All data and measurements are approx. Buyer’s agent to verify all information.
Property Details
Property Features
Property Information:
Architectural Style: Other, Upper/Lower Apartment
Year Built: 1918
Stories: 3
Living Area: 11,008 SqFt
Listing Office:
Office Name: Sunflower Realty LLC
Office Phone: (313) 747-0700
Listing Agent: Mariam Khalaf
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 15
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Utilities
Utilities Information:
Heating: Other, Steam
Other
Directions Information:
Directions: N. Mack Ave / W. Woodward Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,225,000
Price Per SqFt: $111/SqFt
Tax Information:
Annual Amount: $5,438
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $1.1M more than the Median Sold Price and $40/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240029709
Listing Office:
Office Name: Sunflower Realty LLC
Office Phone: (313) 747-0700
Listing Agent: Mariam Khalaf
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.13 miles
Public Charter Grades KG-5
2
/10
University Preparatory Academy (Psad) Elementary School
435 Amsterdam St
Distance between this listing and this school1.26 miles
Public Charter Grades KG-5
3
/10
University Preparatory Science and Math - Elementa
2251 Antietam Ave
Distance between this listing and this school1.70 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
University Preparatory Science and Math (PSAD) Middle School
5100 John R St
Distance between this listing and this school0.73 miles
Public Charter Grades 6-8
1
/10
University Preparatory Academy (Psad) - Middle School
5310 Saint Antoine St
Distance between this listing and this school1.00 miles
Public Charter Grades 6-8
2
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school1.16 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school1.09 miles
Public Charter Grades 9-12
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.36 miles
Public Charter Grades PK-12
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $11,196. Most Detroit, MI residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 467 W Alexandrine St in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 11,008 square foot home, which was built in 1918, sits on a 0.24 acre lot. Features: 15 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,225,000.
Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.
From Rocket Homes Real Estate and based on county public records data.