24620 W 7 Mile Road Detroit MI 48219 | MLS #20261070024

24620 W 7 Mile Road
Detroit, MI, 48219
$450,000
Beds
8 Baths
7,683 SqFt
0.25 Acres
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MLS #20261070024 image #0
INVESTMENT OPPORTUNITY — 8-UNIT MULTIFAMILY IN DETROIT!

Add scale to your investment portfolio with this 8-unit apartment building located at 24620 W 7 Mile Rd in Detroit. This multifamily property offers an excellent opportunity for an investor looking to acquire multiple units under one roof with the potential for ongoing rental income and long-term appreciation.

The building consists of eight 2-bedroom, 1-bath units. Whether you’re looking to expand an existing rental portfolio or make your move into multifamily investing, this property offers the opportunity to build value.

Conveniently located along the W Seven Mile corridor with access to major roadways, and surrounding Metro Detroit communities.

Property Details

Price:
$450,000
MLS #:
20261070024
Status:
Active
Beds:
0
Baths:
8
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
HITCHMANS THOMAS HOMECROFT
Neighborhood:
area05032det6to8grnfldtolimits
Listed Date:
Aug 31, 2026
Finished Sq Ft:
7,683
Year Built:
1962
Short SaleOtherArea05032det6to8grnfldtolimitsArea05032det6to8grnfldtolimitsHitchmans Thomas HomecroftDetroitCall

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
7683
Bathrooms
8 Full Bathrooms
Heating
Natural Gas, Wall Furnace
Levels
Two

Exterior

Architectural Style
Other
Construction Materials
Brick

Financial

Net Operating Income
$96,000
Taxes
$28,063

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Sep 12, 2026
3,907
Single Family Listed
126
Avg DOM
105
Avg $ / SqFt
$174,306
Avg List Price

Property Summary

    Located in the HITCHMANS THOMAS HOMECROFT subdivision, 24620 W 7 Mile Road Detroit MI is a Single Family for sale in Detroit, MI, 48219. It is listed for $450,000 and features 0 beds, 8 baths, and has approximately 7,683 square feet of living space, and was originally constructed in 1962. The current price per square foot is $59. The average price per square foot for Single Family listings in Detroit is $105. The average listing price for Single Family in Detroit is $174,306. To schedule a showing of MLS#20261070024 at 24620 W 7 Mile Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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24620 W 7 Mile Road
Detroit, MI