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For sale
  • $2,999,999

    14299 Fordham St, Detroit, MI 48205

    18beds
    10,310sqft
    : 
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    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $291/sqft
    $-- HOA

    What's special

    **Detroit Multifamily Portfolio – Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire portfolio rather than continue managing the project remotely. This package presents investors and developers with a unique opportunity to complete a large-scale multifamily redevelopment project with substantial upside potential. The portfolio includes: • **14299 Fordham Street** – Fully renovated and occupied. Currently operating as a single-room rental property featuring 62 rentable beds with rents ranging from **$450 to $595 per month per bed**. • **14296 Glenwood Street** – 20-unit apartment building approximately 50% rehabilitated. Rough electrical and plumbing work have been completed and approved. • **18036 Schoenherr Street** – 30-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **18055 Schoenherr Street** – 20-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **18029 Schoenherr Street** – 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **10820 Schoolcraft Road** – 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. The vacant properties have been cleaned out and secured, providing a strong foundation for investors looking to complete renovations and maximize long-term cash flow. With a combination of existing income and significant value-add potential, this portfolio offers a rare opportunity to acquire scale in one transaction. Proof of funds required prior to any showings. Please drive by the properties prior to requesting showings.
    28 days
    |
    118
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Goci 734-637-1430,

    EXP Realty Main 888-501-7085,

    Harun Ali 888-501-7085,

    EXP Realty Main

    Source: Realcomp II,MLS#: 20261044149MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 18
      • Bathrooms: 18
      • Full bathrooms: 18
      Heating
      • Forced Air, Natural Gas, Other Heating Source
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 10,310 sqft
      • Finished area above ground: 10,310

      Property

      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 103 x 54 x 103 x 54
      Details
      • Parcel number: W21I019862S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $291/sqft
      • Tax assessed value: $104,915
      • Annual tax amount: $515
      • Date on market: 6/12/2026
      • Cumulative days on market: 28 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $993/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$2,999,999+9900%$291/sqft
        Source: Realcomp II #20261044149 Report a problem
        12/1/2021Sold$30,000$3/sqft
        Source: eXp Realty #146187280 Report a problem
        7/5/2021Pending sale$30,000$3/sqft
        Source: Realcomp II #2210052104 Report a problem
        7/2/2021Listed for sale$30,000-25%$3/sqft
        Source: Realcomp II #2210052104 Report a problem
        7/28/2020Listing removed$40,000$4/sqft
        Source: Keller Williams Realty Central #50004430 Report a problem
        1/27/2020Listed for sale$40,000-33.2%$4/sqft
        Source: Keller Williams Realty Central #50004430 Report a problem
        12/25/2019Listing removed$59,900$6/sqft
        Source: Keller Williams Realty Central #31384988 Report a problem
        6/25/2019Listed for sale$59,900$6/sqft
        Source: Keller Williams Realty Central #31384988 Report a problem
        8/2/2013Listing removed$500
        Source: Perkins Realty LLC Report a problem
        4/10/2013Listed for rent$500
        Source: Perkins Realty LLC Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Mapleridge

        Getting around

        75 / 100
        Very Walkable
        52 / 100
        Good Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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