For sale

$800,000

14440 Frankfort St, Detroit, MI 48224

44beds

32,934sqft

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Multi Family

Built in 1958

-- sqft lot

$743,800 Zestimate^®

$24/sqft

$-- HOA

What's special

32-unit apartment building with strong value-add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!

34 days

1,165

103

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 44
Bathrooms: 32
Full bathrooms: 32

Heating

Hot Water, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 32,934 sqft
Finished area above ground: 32,934

Property

Parking

Parking features: Parking Lot, On Street

Features

Levels: Three
Stories: 3
Pool features: None
Fencing: Back Yard,Fenced,Front Yard

Lot

Size: 0.75 Acres
Dimensions: 230 x 143

Details

Parcel number: W21I003112S
Zoning description: Commercial, MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Common Entry Building
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Poured
Roof: Asphalt

Condition

New construction: No
Year built: 1958
Major remodel year: 2026

Utilities & green energy

Electric: Volts 220, Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Above Ground Utilities

Community & HOA

Community

Features: Sidewalks
Subdivision: JEFFERSON PARK LAND CO LTD 1

Location

Region: Detroit

Financial & listing details

Price per square foot: $24/sqft
Tax assessed value: $329,500
Annual tax amount: $58,087
Date on market: 6/19/2026
Cumulative days on market: 68 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Contract,FHA,Va Loan
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

$743,800

$558,000 - $989,000

$989/mo

Price history

Date	Event	Price
6/19/2026	Listed for sale	$800,000$24/sqft
Source: Realcomp II #20261040948 Report a problem
5/26/2026	Listing removed	$800,000$24/sqft
Source: Realcomp II #20261026593 Report a problem
4/23/2026	Listed for sale	$800,000-17.9%$24/sqft
Source: Realcomp II #20261026593 Report a problem
10/18/2021	Listing removed	--
Source: Realcomp II #2210079399 Report a problem
9/21/2021	Listed for sale	$975,000+413.2%$30/sqft
Source: Realcomp II #2210079399 Report a problem
4/20/2020	Sold	$190,000$6/sqft
Source: Agent Provided Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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