INVESTMENT OPPORTUNITY!!!Solid brick, 4unit apartment building for sale. Each unit consists of living room, kitchens, 2 bedrooms and full bath. All units are identical in layouts. This building is poised to bring in a yearly income. Separate electric and gas for each unit. One water meter for the building. This building is perfect for a buy and hold investor looking to start with a multi-family project in Detroit! Each unit has been freshly painted.
Tenant occupied, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
Sold for $232,650 on 04/25/25
$232,650
12769 Meyers Rd, Detroit, MI 48227
8beds
3,658sqft
Multi Family
Built in 1925
-- sqft lot
$242,700 Zestimate®
$64/sqft
$1,324 Estimated rent
Home value
$242,700
$218,000 - $269,000
$1,324/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 21, 2025 at 08:00pm
Listed by:
Renae Palmer 313-533-6300,
Real Estate Management Specialists Inc
Bought with:
Nicholas M Zeoli, 6501399249
Real Broker LLC
Talaal Chaudhry, 6501422349
Real Broker LLC
Source: Realcomp II,MLS#: 20240070329
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total interior livable area: 3,658 sqft
- Finished area above ground: 3,658
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 8,276 sqft
- Dimensions: 70.00 x 115.00
Details
- Parcel number: W22I020551C2
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Quadruplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block, Michigan Basement
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
Community & neighborhood
Location
- Region: Detroit
- Subdivision: JOHN M WELCHS MAYVIEW SUB NO 2 (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $232,650-10.5%$64/sqft |
Source:  Realcomp II #20240070329 Report a problem | ||
| 12/18/2024 | Pending sale | $260,000$71/sqft |
Source: Realcomp II #20240070329 Report a problem | ||
| 9/23/2024 | Listed for sale | $260,000+28.1%$71/sqft |
Source: Realcomp II #20240070329 Report a problem | ||
| 7/14/2023 | Sold | $203,000+6.3%$55/sqft |
Source: Public Record Report a problem | ||
| 5/18/2022 | Sold | $191,000-2.1%$52/sqft |
Source: Realcomp II #2220028278 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $33,200 +23% |
| 2024 | -- | $27,000 +13.4% |
| 2023 | -- | $23,800 +38.4% |
Find assessor info on the county website
Neighborhood: Grand River
Nearby schools
GreatSchools rating
- 4/10Noble Elementary-Middle SchoolGrades: PK-8Distance: 0.7 mi
- 3/10Central Collegiate AcademyGrades: 9-12Distance: 3 mi
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Estimated market value
$242,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$242,700