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11765 GLENFIELD Street, Detroit City, MI 48213
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$1,075,000
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Home Details for 11765 GLENFIELD Street
Price
$1,075,000
Type
Multi Family
Bedrooms
18
Total Bathrooms
14
Full Bathrooms
14
Year Build
1930
Sq. Ft.
8680
Lot Size
0.12
County
Wayne
Basement
Unfinished
Tax
$4,733
MLS®️ Listing#
20250024421
On exitrealty.com
241 days
Property Description
Fully updated 14-unit multifamily apartment building in the heart of Detroit’s East Side, nestled in the Gratiot-Findlay neighborhood. This turnkey asset features all new plumbing, electrical, drywall, windows, mechanicals including AC, and new gas lines—offering a truly low-maintenance, long-term investment opportunity.
Strategically located directly behind the Detroit Police Department’s 9th Precinct, the property benefits from exceptional built-in security. Just steps from Gratiot Ave, residents enjoy easy access to public transportation, shopping, restaurants, and everyday amenities, along with quick connectivity to Downtown Detroit.
An added bonus: an adjacent side lot is available through the City, ideal for future development, additional parking, or expanded outdoor space.
Currently, 12 out of 14 units are leased, generating $14,200 per month in rent plus an additional $400 in water reimbursement for a total monthly income of $14,600. Current owner is netting $135,840 annually. A previous appraisal came in at $1.15M, with the full report uploaded in the documents for review.
Don’t miss this exceptional value—secure this fully modernized, income-producing multifamily building while it’s still available. opportunity in a growing area!
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
- Water Features
- Public
- Basement
- Unfinished
Listing Courtesy: EXP Z Real Estate - 248-937-1337
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Market statistics compiled from data from Michigan Regional Information Center.
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$1,075,000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220