14800 E Vernor HWY Detroit, MI 48215
9 Baths
6,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $108
Subdivision C B Sherrard Sub
MLS Listing ID 20261042243
Style UpperLowerApartment
Full Baths 9
Year Built 1925
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type MultiFamily
Property Description
Rare value-add multifamily opportunity on the Vernor corridor, minutes from Grosse Pointe Park. Acquire at a Detroit basis while tapping the rent stability and demand of one of metro Detroit's most established affluent border communities.
This 9 -unit brick building, originally built in 1925, anchors a hard corner at Vernor Hwy & Ashland St — strong visibility, high traffic counts, and the durable pre-war masonry construction that's costly to replicate today. The asset is mid-reposition under recent construction financing, giving investors a path to stabilized cash flow without starting cold.
Why buyers should move:
Detroit acquisition basis with Grosse Pointe Park demand spillover
Hard-corner site on a major east-side thoroughfare (MLS Area 05066)
units with significant rent upside to market on turnover
In-place income today, value-add upside tomorrow
FEMA Flood Zone X — outside the high-risk floodplain, lower insurance, cleaner financing
Strong access to Mack Ave retail, Alter Rd, and downtown Detroit
Detroit's east side is moving, and corridor-fronting multifamily this close to the Pointes doesn't last. Offering memorandum, rent roll, and financials available to qualified buyers on request.
Location
State MI
County Wayne
Area Area05066Detmcclellaneastmacktoshore
Rooms
Basement Partially Finished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features OnStreet
Pool None
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
