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
Address:
8525 Maxwell Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
MORE THAN ONE SUB INVOLVED
Neighborhood:
05052 – Det: 6-Mack I75-Conner
City:
Detroit
Listed Date:
Aug 19, 2025
State:
MI
Finished Sq Ft:
8,036
ZIP:
48213
Year Built:
1927
See this Listing
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…
More About LiaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
14 Full Bathrooms
Heating
Natural Gas, Steam
Exterior
Architectural Style
Common Entry Building
Construction Materials
Brick
Financial
Taxes
$30,249
Map
Community
- Address8525 Maxwell Street Detroit MI
- SubdivisionMORE THAN ONE SUB INVOLVED
- CityDetroit
- CountyWayne
- Zip Code48213
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