Pending

$469,900

20231 Kelly Rd, Harper Woods, MI 48225

12beds

6,400sqft

Est.:

Multi Family

Built in 1963

-- sqft lot

$463,300 Zestimate^®

$73/sqft

$-- HOA

What's special

Excellent opportunity to own this fully occupied, well-maintained 8-unit investment property in Northeast Detroit, right on the Harper Woods boarder. Unit mix includes (4) one-bedroom and (4) two-bedroom apartments — fully leased and generating immediate income. Separate electric meters for each unit. Recent updates include roof (2020) and hot water tank (2021), and several unit turns/ updates in the last year. Conveniently located near shopping and major freeways. A great addition to any portfolio — don't miss this one!

16 days

3,716

257

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8
Full bathrooms: 8

Heating

Baseboard, Natural Gas

Cooling

Wall Units

Appliances

Laundry: Common Area

Features

Basement: Common,Common Storage Locker,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 6,400 sqft
Finished area above ground: 6,400

Property

Parking

Total spaces: 8

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 8,276.4 Square Feet
Dimensions: 90 x 90

Details

Parcel number: W21I057041C5
Zoning description: Commercial, MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Upper Lower Apartment
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Block
Roof: Asphalt

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: TERNES SUPERHIGHWAY

Location

Region: Harper Woods

Financial & listing details

Price per square foot: $73/sqft
Tax assessed value: $187,435
Annual tax amount: $14,940
Date on market: 3/20/2026
Cumulative days on market: 16 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

$463,300

$440,000 - $486,000

$1,158/mo

Price history

Date	Event	Price
4/1/2026	Pending sale	$469,900$73/sqft
Source: Realcomp II #20261011512 Report a problem
3/20/2026	Listed for sale	$469,900+25.3%$73/sqft
Source: Realcomp II #20261011512 Report a problem
11/21/2022	Sold	$375,000$59/sqft
Source: Realcomp II #20221031567 Report a problem
11/15/2022	Pending sale	$375,000$59/sqft
Source: Realcomp II #20221031567 Report a problem
11/9/2022	Price change	$375,000+7.2%$59/sqft
Source: Realcomp II #20221031567 Report a problem
8/19/2022	Listed for sale	$349,900+25.4%$55/sqft
Source: Realcomp II #20221031567 Report a problem
6/29/2018	Sold	$279,000+1892.9%$44/sqft
Source: Agent Provided Report a problem
6/16/2010	Sold	$14,000$2/sqft
Source: MiRealSource #31009053 Report a problem