20810 W Chicago Street, Detroit, MI 48228

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Sold Price
$550,000
List Price
$605,000
Closing Date
Jun 23, 2026
Days on Market
217
MLS#
20251030310
Status
SOLD
Type
Commercial

Property Description

Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants.Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow.Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage.Landlord-Paid Water: Simplifies utility management for residents.Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates.This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit’s rental market.*Showings by appointments by only.

Additional Information

Taxes
$15,989
Acres
0.20
Heating
Forced Air
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kestiny Todd from Listing Office: EXP Realty Main.

Selling Agent: Selling Office: .

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