Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit’s east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units, two story brick, currently tenant-occupied (lease/rent roll status unknown). Buyer should expect potential evictions or tenant turnover after purchase. Strong rental demand in the area with upside for stabilized cash flow after repositioning. Close to major freeways, local schools, and neighborhood redevelopment activity. This is a value-add investment opportunity for an experienced investor or property manager who can stabilize the building and maximize its long-term potential.
Property Details
Price:
$550,000
MLS #:
20251028912
Status:
Active
Beds:
0
Baths:
14
Type:
Single Family
Subtype:
Multi Family
Subdivision:
MORE THAN ONE SUB INVOLVED
Neighborhood:
05052det6macki75conner
Listed Date:
Aug 19, 2025
Finished Sq Ft:
8,036
Year Built:
1927
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
14 Full Bathrooms
Heating
Natural Gas, Steam
Exterior
Architectural Style
CommonEntryBuilding
Construction Materials
Brick
Financial
Taxes
$30,249
Map
Community
- Address8525 Maxwell Street Detroit MI
- SubdivisionMORE THAN ONE SUB INVOLVED
- CityDetroit
- CountyWayne
- Zip Code48213
Market Summary
Current real estate data for Single Family in Detroit as of Oct 18, 2025
3,452
Single Family Listed
108
Avg DOM
83
Avg $ / SqFt
$150,604
Avg List Price
Property Summary
- Located in the MORE THAN ONE SUB INVOLVED subdivision, 8525 Maxwell Street Detroit MI is a Single Family for sale in Detroit, MI, 48213. It is listed for $550,000 and features 0 beds, 14 baths, and has approximately 8,036 square feet of living space, and was originally constructed in 1927. The current price per square foot is $68. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,604. To schedule a showing of MLS#20251028912 at 8525 Maxwell Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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