9501 Iris Detroit MI 48227 MLS #20251034600

9501 Iris
Detroit, MI, 48227
$999,000
Beds
58 Baths
58,102 SqFt
0 Acres
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Amazing INVESTOR Opportunity! Prepped and ready for final renovations 58 unit apartment complex. Some units have already been completed and others need drywall and final touches. Property features (52) 1 units and (6) 2 bedroom units with 1 bath. All Units need turned and rented. Will be a cash cow for an investor at an amazing $40K estimated monthly income and $475K annual estimated income. Property is located near schools, shopping, public transportation and more. Ample amount of parking spaces! Serious buyers only. Seller financing is unavailable. Looking for cash buyers. Please due your due diligence. Property Sold AS IS. BATVAI

Property Details

Price:
$999,000
MLS #:
20251034600
Status:
Active
Beds:
0
Baths:
58
Address:
9501 Iris
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
05010northvillewaynecounty
City:
Detroit
Listed Date:
Sep 8, 2025
State:
MI
Finished Sq Ft:
58,102
ZIP:
48227
Year Built:
1938
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Lia LoChirco

Lia LoChirco

Realtor®

Phone 586 321-9997

I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Bathrooms
58 Full Bathrooms
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Common Entry Building
Construction Materials
Brick

Financial

Net Operating Income
$404,280
Taxes
$5,701

Map

Community

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disclosure
Courtesy of Moving Forward Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
9501 Iris
Detroit, MI