$990,000

Estimated payment $7,135/month

Total Views 6,195
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Laundry Facilities
  • Heating System Uses Natural Gas
  • Cass Technical High School Rated 10

About This Home

Calling All Investors - Cash-flowing 18-unit apartment building (with seven 2-bedroom units) located at 19199 Lahser Rd, Detroit, MI 48219;This brick 2-story 15,776 SF 18-unit multifamily building situated on a 18,774 SF site, has 18 separate folio numbers having the ability to be sold as a condo, is currently 100% occupied with stable tenants and an on-site property manager. Most units have been renovated over the past 2 years, therefore, new owner will not have any maintenance to take on. Building has a full basement for storage and washer & dryer for tenants. Roof, Electrical, HVAC were all updated. Parking lot in front and back of building to accommodate 20+ cars.Building is located in a rapidly growing part of West Detroit, this property surrounded by

Listing Agent

Daniel Elijah

BELE Realty Inc License #6502426716 Listed on: 05/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 1960

Lot Details

  • 6.89 Acre Lot

Parking

  • 18 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Community Details

  • 18 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,000

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1960
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 20000.0
  • General Property Info:Total _pound_ Units: 18
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Heat Type:Radiant: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 990000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 18.0
  • General Property Info:Total Parking Spaces: 18.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Laundry Features: Common Area
  • Utilities: Electricity Available, Cable Connected

Lot Info

  • Lot Size Acres: 6.89
  • Lot Size Area: 6.89
  • Lot Dimensions: 100 100
  • Lot Size Sq Ft: 300000.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 18

Tax Info

  • Tax Annual Amount: 20000.0
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2025 05/11/25 For Sale $990,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25021048

Southwestern Michigan Association of REALTORS®

APN: 22113642-50