Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 23 unit Apartment Building. Next door - 13521 (7 units) McNichols is also available for sale. Properties are next to each other and might be sold together. Currently producing at a $182000k a year Gross . Current Net income is $134,000
Projected gross income once fully leased $202,000.00
23 - one bedrooms units
Landlord pays water, gas, electric. Needs advance notice to show. Do not disturb tenants.
Sold for $935,000 on 06/20/24
$935,000
13535 E McNichols Rd, Detroit, MI 48205
23beds
19,000sqft
Multi Family
Built in 1958
-- sqft lot
$997,700 Zestimate®
$49/sqft
$897 Estimated rent
Home value
$997,700
$868,000 - $1.14M
$897/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 04, 2025 at 02:15pm
Listed by:
Dmitriy Selektor 248-496-4080,
EXP Realty Main
Bought with:
Durrall Williams, 6501409691
Berkshire Hathaway HomeServices The Loft Warehouse
Source: Realcomp II,MLS#: 20230011476
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 23
- Bathrooms: 23
- Full bathrooms: 23
Heating
- Electric, Radiant
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 19,000 sqft
- Finished area above ground: 19,000
Property
Parking
- Total spaces: 30
- Parking features: Parking Lot, Unassigned
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 0.41 Acres
- Dimensions: 98.00 x 180.00
Details
- Parcel number: W21I020312C3
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: High Rise
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Poured
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detectors, Smoke Detectors
Location
- Region: Detroit
- Subdivision: MICHAEL GREINER ESTATE (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2024 | Sold | $935,000-11%$49/sqft |
Source:  Realcomp II #20230011476 Report a problem | ||
| 6/10/2024 | Pending sale | $1,050,000$55/sqft |
Source: Realcomp II #20230011476 Report a problem | ||
| 1/31/2024 | Price change | $1,050,000-8.7%$55/sqft |
Source: Realcomp II #20230011476 Report a problem | ||
| 9/18/2023 | Price change | $1,150,000-9.1%$61/sqft |
Source: Realcomp II #20230011476 Report a problem | ||
| 8/4/2023 | Price change | $1,265,000-23.3%$67/sqft |
Source: Realcomp II #20230011476 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Franklin
Nearby schools
GreatSchools rating
- 3/10Brenda Scott Academy For Theatre ArtsGrades: PK-8Distance: 0.9 mi
- 3/10Osborn Academy Of MathematicsGrades: 9-12Distance: 1 mi
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Estimated market value
$997,700
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
$997,700