Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700–$750 per unit. Land contract terms are available with a $50,000 down payment.
Pending
$580,000
12564 Pinehurst St, Detroit, MI 48204
10beds
2,881sqft
Multi Family
Built in 1927
-- sqft lot
$578,100 Zestimate®
$201/sqft
$-- HOA
What's special
- 21 days
- 256
- 44
Zillow last checked:
Listing updated:
Listed by:
Keelie Thomas 810-333-2732,
Elite Real Estate Professionals, Inc. 810-715-5486
Source: MiRealSource,MLS#: 50220846
Originating MLS: East Central Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Forced Air
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,881
- Total interior livable area: 2,881 sqft
Property
Features
- Levels: More than 2 Stories
- Frontage length: 35
Lot
- Size: 4,356 Square Feet
- Dimensions: 4356
- Features: Corner Lot, Subdivision
Details
- Parcel number: 16043623
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Moore & Veale Sub
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $201/sqft
- Annual tax amount: $8,478
- Date on market: 9/4/2026
- Cumulative days on market: 23 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Land Contract
- Ownership type: LLC
Estimated market value
$578,100
$549,000 - $607,000
$1,094/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Pending sale | $580,000$201/sqft |
Source: | ||
| 9/4/2026 | Listed for sale | $580,000$201/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Grand River
Nearby schools
Schools provided by the listing agent
- District: Detroit City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.









