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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
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
  • Listing ID: 35026458

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: 14420-14440 Frankfort St, Detroit, MI 48224

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