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Jim Blehm

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

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25911 Michigan Ave , Inkster, MI 48141
$3,010,000
Est. Payment: $6,688.89/mo
34 Bath
0.88 Acres
Status: active | Days on site: 19
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395457 - 461557
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jim Blehm, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jim Blehm
Team Owner, Realtor®
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House Description

AVENUE APARTMENTS | PREMIER 32-UNIT MULTIFAMILY INVESTMENT | 100% OCCUPANCY. Thirty-two unit, fully occupied multifamily investment on the Michigan Avenue corridor in Inkster. Repositioned in 2024 through a comprehensive, down-to-the-studs renovation of the interiors and exterior, including a new roof, windows, interior rehabilitation, complete exterior modernization, and substantial capital improvements throughout the building. Operating at full occupancy, with scheduled rental income of thirty-one thousand nine hundred sixty dollars per month. The asset features a balanced mix of market-rate leases and Housing Choice Voucher contracts, providing a diversified and established income stream. The building is all-electric with NO NATURAL GAS service on site. This eliminates boiler, furnace, and gas-line maintenance from the operating budget, and consolidates the property onto a single energy source. Electric service expense are currently allocated between ownership and tenants keeping utility expense controlled.Additional opportunities for revenue enhancement include laundry operations, ancillary income streams, and potential utility expense recovery. Positioned along the Michigan Avenue corridor, the property offers convenient connectivity to Dearborn, Detroit Metropolitan Wayne County Airport, I-94, and the surrounding employment and commercial centers.
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Highlights

Listed by Maryott Tijerina , 313-807-3133 Premier Realty Service LLC , 248-255-2474. MichRIC

Property Type

Multi-Family
Lot/Acreage
0.88

HOA Fee

Year Built

1960

County

Wayne

 Neighborhood

Inkster City

 School District

Westwood

Listing ID

20261082965

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:34
Basement:Slab

Exterior Features
Principal Interest
$6,689
Taxes
$4,633
HOA
$0

Home Price

$3,010,000

Loan Details

30 yrs
0%

Down Payment

20%
$602,000
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:
$6,688.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,688.89 $4,633.08 $0.00 $11,321.97
Yearly $80,266.67 $55,597.00 $0.00 $135,863.67
Total $2,408,000.00 $1,667,910.00 $0.00 $4,075,910.00
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Brian Belinger
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Market insight data is pulled from the same city as the listing being viewed (Inkster, 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: 2026-11-01T10:17:45.000Z

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