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Jim Blehm

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

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15080 Greenfield Rd , Detroit, MI 48227
$399,000
Est. Payment: $886.67/mo
0 Bed
8 Bath
0 Sqft
Status: Active | Days on site: 77
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43149710 - 400563
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House 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.

Highlights

Listed by Katie Wheeler , 313-627-1819 Match Realty , 313-482-7432.

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1962

County

Wayne

School District

Detroit

Listing ID

20261050163

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:8
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$887
Taxes
$1,879

Home Price

$399,000

Loan Details

30 yrs
%

Down Payment

20%
$79,800
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Monthly Price:
$886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $886.67 $1,879.00 $0.00 $2,765.67
Yearly $10,640.00 $22,548.00 $0.00 $33,188.00
Total $319,200.00 $676,440.00 $0.00 $995,640.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.