Agent profile image in chat bubble
Agent profile image in chat header

Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

Agent profile image in message

14800 E Vernor Hwy , Detroit, MI 48215
$700,000
Est. Payment: $3,604.65/mo
0 Bed
9 Bath
0 Sqft
Status: active | Days on site: 10
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

9-Unit Brick Asset | East Detroit / Grosse Pointe Park BorderAcquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside.Key Investment HighlightsFully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8).Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park.Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover.Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing).Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit.East-side corridor assets this close to the Pointes move quickly.

Highlights

Listed by Daryl B Harris , 313-727-3886 Black Diamond Realty , 313-612-3277. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.07

HOA Fee

Year Built

1925

County

Wayne

School District

Detroit

Listing ID

20261057305

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:9
  • Full Bathrooms:
Other:Public

Exterior Features

Principal Interest
$3,605
Taxes
$1,845
HOA
$0

Home Price

$700,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,604.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,604.65 $1,845.08 $0.00 $5,449.73
Yearly $43,255.75 $22,141.00 $0.00 $65,396.75
Total $1,297,672.61 $664,230.00 $0.00 $1,961,902.61
Lender profile image
Brian Belinger
Loan Originator
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC