10400 Whittier St - Apartments FOR SALE


Detroit, MI 48224- Denby
$550,000 USD
313-727-5625
10400 Whittier St, Detroit, MI for Sale
$550,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

10400 Whittier St
Detroit, MI 48224
Denby


HIGHLIGHTS

  • Positioned in an established Detroit multifamily district with consistent renter demand
  • Strong access to Whittier Ave, I-94, Downtown Detroit, and regional employment centers
  • Suitable for value-add, repositioning, or stabilized income strategies
  • Located near neighborhood retail, services, and community amenities
  • Benefits from ongoing revitalization and investment activity in the Detroit metro area

OVERVIEW

10400 Whittier St presents an attractive commercial multifamily investment opportunity within Detroit’s highly active east-side rental market. Surrounded by established residential neighborhoods, local retail corridors, and ongoing revitalization efforts throughout the city, the property is well-positioned to capture strong tenant demand and long-term appreciation. Detroit’s multifamily sector continues to benefit from a renter-weighted population, competitive rent levels, and a steady influx of capital targeting value-add assets across the city. This address benefits from its connectivity to Whittier Ave, I-94, and direct routes to Downtown Detroit, the Grosse Pointe communities, and key employment hubs. Depending on the building’s interior condition and current occupancy, investors can pursue either a value-add renovation program or a hold-for-yield strategy within one of Detroit’s most resilient submarkets. The surrounding area is characterized by steady rental absorption, workforce and middle-market demand, and access to neighborhood amenities that support tenant retention. The property’s site orientation also provides strong ingress and egress, making it practical for ongoing operations and future capital improvements.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

16

PRICE/UNIT

$34,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B4

APN/PARCEL ID

21-0722959

ASK ABOUT THIS PROPERTY

LaCretia BaldwineXp RealtyMore Info
313-727-5625

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LaCretia BaldwineXp RealtyMore Info
313-727-5625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.