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13634 Ohio St 8 Unit Apartment Building $675,000 ($84,375/Unit) Detroit, MI 48238
Executive Summary
Turnkey 8-unit investment opportunity in Detroit’s desirable Davison–Schoolcraft neighborhood! This well-maintained multifamily
property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom,
currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one. Ideally located just off
Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy,
Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential. Whether you're
expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront
work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to
verify all info.
property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom,
currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one. Ideally located just off
Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy,
Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential. Whether you're
expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront
work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to
verify all info.
Property Facts
| Price | $675,000 | Apartment Style | Low-Rise |
| Price Per Unit | $84,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| No. Units | 8 | Building Size | 5,832 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1927 |
| Zoning | R - Residential | ||
| Price | $675,000 |
| Price Per Unit | $84,375 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,832 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | R - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 16-033668 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $175,400 |
Property Taxes
Parcel Number
16-033668
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$175,400
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13634 Ohio St