14420-14440 Frankfort St - Apartments FOR SALE
Detroit, MI 48224 |
14420-14440 Frankfort St
Detroit, MI 48224
HIGHLIGHTS
- Frankfort Street Apartments, at 14420-14440 Frankfort Street, present a one-building, 32-unit multifamily value-add opportunity.
- Within Q3 2025, Detroit’s Far East Side Submarket continues to see vacancies decline and rent growth accelerate.
- Fully vacant property is ready for rehab so that leasing momentum can be strategized via market-rate pricing and full occupancy.
- Renovations have begun, enabling new ownership to finalize all remaining updates.
- Nearby POIs include Shopper’s Lane Plaza, Parkside Plaza, Chene Park, William Milliken State Park & Harbor, and Belle Isle Park.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Frankfort Street Apartments | Rehab Opp.
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
32260
STORIES
3
YEAR BUILT
1958
PARKING SPACES
35
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
21-003112
