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7430 Alaska St
Detroit, MI 48204
8-Unit Multifamily Property · Multifamily Property For Sale
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8 Units
Investment Highlights
- 8-Unit Apartment Building – A rare multifamily investment opportunity in an emerging Detroit neighborhood
- Potential Upside – Adjusting rents to market rates could increase annual rental income
- Affordable Entry Point – Competitive property pricing with significant upside through renovations and improved property management
- Value-Add Potential
- Strong Rental Demand – Detroit’s rental market remains robust, with high occupancy rates and strong demand for affordable one-bedroom units
- Strategic Location – Close to major employment centers, public transit, and ongoing redevelopment projects, boosting long-term property value
Property Facts
| No. Units | 8 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 5,160 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1926 |
| Zoning | R2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,160 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1926 |
| Zoning | R2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 800 |
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