15080 Greenfield Road, Detroit, Michigan 48227
$399,000
Property Details
- MLS#: 20261050163
- Bedrooms: N/A
- Bathrooms: 8
- Square Feet: 7,080
- Price per Sqft: $56
- Lot Size: N/A
- Year Built: 1962
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
- Days on Market: 92
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Exceptional multifamily investment opportunity! This 8-unit apartment building offers the ideal combination of immediate cash flow and value-add potential. With 5 of the 8 units currently occupied, including Section 8 tenants, the property provides reliable income from day one, while the three vacant units create an opportunity to increase rental revenue and boost overall returns through lease-up and strategic improvements. Convenient access to major freeways, shopping, dining, public transportation, and employment centers, this property is well-positioned to attract and retain tenants. Whether you're looking to expand your portfolio, complete a value-add project, or build long-term wealth through multifamily investing, this asset offers multiple avenues for income growth and appreciation. With strong rental demand in the area and the ability to increase occupancy and maximize cash flow, 15080 Greenfield is an opportunity investors won't want to miss.
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 15080 Greenfield Road?
15080 Greenfield Road is listed at $399,000, or $56 per square foot.
How many bedrooms does 15080 Greenfield Road have?
This property has N/A bedrooms and 8 bathrooms, with 7,080 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
Similar Homes for Sale in Detroit
- 525 LAFAYETTE Boulevard, Detroit — $399,000 · 2bd · 2ba · 1,238sqft
- 2611 McClellan Street, Detroit — $399,000 · 3bd · 2ba · 1,504sqft
- 8162 Jefferson Avenue, Detroit — $399,000 · 3bd · 2ba · 2,540sqft
- 2701 McClellan Street, Detroit — $399,000 · 3bd · 2ba · 1,504sqft
- 2915 John R Street, Detroit — $399,000 · 2bd · 2ba · 1,279sqft
- 1349 Joliet Place, Detroit — $399,000 · 3bd · 1ba · 1,556sqft
- 1709 Pallister Street, Detroit — $399,500 · 2bd · 2ba · 1,412sqft
- 446 King Street, Detroit — $399,500 · 4bd · 2ba · 1,800sqft