11765 GLENFIELD Street, Detroit, Michigan 48213
$1,075,000
Property Details
- MLS#: 20250024421
- Bedrooms: N/A
- Bathrooms: 14
- Square Feet: 8,680
- Price per Sqft: $124
- Lot Size: 0.12 acres
- Year Built: 1930
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 200
Description
Fully updated 14-unit multifamily apartment building in the heart of Detroit’s East Side, nestled in the Gratiot-Findlay neighborhood. This turnkey asset features all new plumbing, electrical, drywall, windows, mechanicals including AC, and new gas lines—offering a truly low-maintenance, long-term investment opportunity.
Strategically located directly behind the Detroit Police Department’s 9th Precinct, the property benefits from exceptional built-in security. Just steps from Gratiot Ave, residents enjoy easy access to public transportation, shopping, restaurants, and everyday amenities, along with quick connectivity to Downtown Detroit.
An added bonus: an adjacent side lot is available through the City, ideal for future development, additional parking, or expanded outdoor space.
Currently, 12 out of 14 units are leased, generating $14,200 per month in rent plus an additional $400 in water reimbursement for a total monthly income of $14,600. Current owner is netting $135,840 annually. A previous appraisal came in at $1.15M, with the full report uploaded in the documents for review.
Don’t miss this exceptional value—secure this fully modernized, income-producing multifamily building while it’s still available. opportunity in a growing area!
Location
This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 11765 GLENFIELD Street?
11765 GLENFIELD Street is listed at $1,075,000, or $124 per square foot.
How many bedrooms does 11765 GLENFIELD Street have?
This property has N/A bedrooms and 14 bathrooms, with 8,680 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 466-2430
Email: info@sonicrealty.com
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