Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit’s most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.
Property Details
Price:
$1,250,000
MLS #:
58050199311
Status:
Active
Beds:
16
Baths:
19
Type:
Single Family
Subtype:
Multi Family
Subdivision:
OAKMANS ROBT INDIANDALE
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Feb 12, 2026
Finished Sq Ft:
10,686
Year Built:
1927
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
19 Full Bathrooms
Heating
Natural Gas, Separate Meters, Steam
Exterior
Financial
Taxes
$7,378
Map
Community
- Address13205 La Salle BLVD Detroit MI
- SubdivisionOAKMANS ROBT INDIANDALE
- CityDetroit
- CountyWayne
- Zip Code48238
Market Summary
Current real estate data for Single Family in Detroit as of Mar 02, 2026
2,975
Single Family Listed
125
Avg DOM
82
Avg $ / SqFt
$148,517
Avg List Price
Property Summary
- Located in the OAKMANS ROBT INDIANDALE subdivision, 13205 La Salle BLVD Detroit MI is a Single Family for sale in Detroit, MI, 48238. It is listed for $1,250,000 and features 16 beds, 19 baths, and has approximately 10,686 square feet of living space, and was originally constructed in 1927. The current price per square foot is $117. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $148,517. To schedule a showing of MLS#58050199311 at 13205 La Salle BLVD in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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