13205 La Salle Blvd - Multi-Family FOR SALE


Detroit, MI 48238- North Detroit
$1,250,000 USD
248-979-3466
13205 La Salle Blvd, Detroit, MI for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

13205 La Salle Blvd
Detroit, MI 48238
North Detroit


OVERVIEW

Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit’s most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

19

PRICE/UNIT

$65,789

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

10-008805

ASK ABOUT THIS PROPERTY

Justin ZehelKeller Williams Paint CreekMore Info
248-979-3466

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Justin ZehelKeller Williams Paint CreekMore Info
248-979-3466

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