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

29425 W Jefferson Ave , Rockwood, MI
$1,900,000
Est. Payment: $4,222.22/mo
0 Bed
0 Bath
12144 Sqft
Status: Active | Days on site: 31
Get Pre-Qualified
386552 - 364166
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , 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.

House Description

Rare opportunity to acquire a well-established 24-unit multifamily investment in Gibraltar, owned and operated by the same owners for nearly 40 years. Situated on approximately 1.32 acres with 155 feet of frontage, this two-story property offers an attractive mix of 16 one-bedroom and 8 two-bedroom units, providing a diverse tenant base and consistent rental demand. The property features approximately 12,144 square feet of living space, a full basement, boiler heat, individual window A/C units, municipal water and sewer, and ample on-site parking. Long-term ownership has provided stability and a strong track record of rental income, while current rents present an opportunity for a new owner to evaluate and capture additional rental upside over time. Conveniently located near Gibraltar Road, I-75 and major Downriver thoroughfares, with easy access to shopping, dining, employment and surrounding communities. A substantial multifamily asset with established income, a desirable unit mix and meaningful potential for future growth. Buyer to independently verify all information, measurements, zoning, permitted uses and financials.

Highlights

Listed by Jessica Tremonti , 313-478-0819 Century 21 Curran & Oberski , 734-464-6400.

Property Type

Commercial Sale

Lot/Acreage
1.32

County

Wayne

Neighborhood

Gibraltar

School District

Gibraltar

Listing ID

20261060727

Questions about this listing?

Contact Agent

Interior Features

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

Exterior Features

Principal Interest
$4,222
Taxes
$2,093

Home Price

$1,900,000

Loan Details

30 yrs
%

Down Payment

20%
$380,000
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:
$4,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,222.22 $2,092.75 $0.00 $6,314.97
Yearly $50,666.67 $25,113.00 $0.00 $75,779.67
Total $1,520,000.00 $753,390.00 $0.00 $2,273,390.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

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

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Rockwood, 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.