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13205 La Salle Blvd 19 Unit Apartment Building Offered at $1,250,000 Detroit, MI 48238

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Executive Summary

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.

Property Facts

Price $1,250,000
Price Per Unit $65,789
Sale Type Investment
No. Units 19
Property Type Multifamily
Building Size 10,686 SF
Average Occupancy 95%
No. Stories 2
Year Built 1927

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - -
1+1 16 - -
  • Listing ID: 39415001

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 13205 La Salle Blvd, Detroit, MI 48238

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