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About the Listing 16575 - 281311
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.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
50199311
Year Built
1927
Total Square Footage
10,686
Lot/Acreage
0.2
County
Wayne
Neighborhood
Oakmans Robt Indiandale
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 16
- Bathrooms: 19 Full
- Appliances:
- Air Cond:
- Heating: Boiler
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 10686
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 8712
- Roof:
- Others:
- Sewer: Public Sanitary
Financial Details
- Tax Amount: $7,378
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
13205 La Salle Detroit, MI 48238
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