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This Multifamily Property is no longer advertised on LoopNet.com.
14420-14440 Frankfort St
Detroit, MI 48224
Frankfort Street Apartments | Rehab Opp. · Multifamily Property For Sale
·
32 Units

Investment Highlights
- Frankfort Street Apartments, at 14420-14440 Frankfort Street, present a one-building, 32-unit multifamily value-add opportunity.
- Fully vacant property is ready for rehab so that leasing momentum can be strategized via market-rate pricing and full occupancy.
- Nearby POIs include Shopper’s Lane Plaza, Parkside Plaza, Chene Park, William Milliken State Park & Harbor, and Belle Isle Park.
- Within Q3 2025, Detroit’s Far East Side Submarket continues to see vacancies decline and rent growth accelerate.
- Renovations have begun, enabling new ownership to finalize all remaining updates.
Property Facts
| Sale Condition | Auction Sale | Lot Size | 0.75 AC |
| Type of Ownership | Fee Simple | Building Size | 32,260 SF |
| No. Units | 32 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1958 |
| Apartment Style | Low-Rise | Parking Ratio | 1.08/1,000 SF |
| Building Class | C | Parcel Number | 21-003112 |
| Zoning | R-2 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 32,260 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1958 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | R-2 |
| Parcel Number | 21-003112 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Site Amenities
- Laundry Facilities
- Property Manager on Site
Links
Listing ID: 35026458
Date on Market: 3/5/2025
Last Updated:
Address: 14420-14440 Frankfort St, Detroit, MI 48224
The Far East Side Multifamily Property at 14420-14440 Frankfort St, Detroit, MI 48224 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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