INVESTMENT OPPORTUNITY — 8-UNIT MULTIFAMILY IN DETROIT!
Add scale to your investment portfolio with this 8-unit apartment building located at 24620 W 7 Mile Rd in Detroit. This multifamily property offers an excellent opportunity for an investor looking to acquire multiple units under one roof with the potential for ongoing rental income and long-term appreciation.
The building consists of eight 2-bedroom, 1-bath units. Whether you’re looking to expand an existing rental portfolio or make your move into multifamily investing, this property offers the opportunity to build value.
Conveniently located along the W Seven Mile corridor with access to major roadways, and surrounding Metro Detroit communities.
For sale
$450,000
24620 W Seven Mile Rd, Detroit, MI 48219
16beds
7,683sqft
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$59/sqft
$-- HOA
What's special
- 14 days
- 635
- 55
Zillow last checked:
Listing updated:
Listed by:
TaMia Hairston 248-298-9074,
Real Broker, LLC Troy 517-200-3245,
Andre Finley 313-300-9955,
Real Broker, LLC Troy
Source: Realcomp II,MLS#: 20261070024
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas, Wall Furnace
Features
- Basement: Common,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 7,683 sqft
- Finished area above ground: 7,683
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.25 Acres
- Dimensions: 119.08 x 92
Details
- Parcel number: W22I016771S
- 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: 1962
Utilities & green energy
- Sewer: Sewer At Street
- Water: Other
Community & HOA
Community
- Subdivision: HITCHMANS THOMAS HOMECROFT
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $90,454
- Annual tax amount: $28,063
- Date on market: 8/31/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Exist
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $450,000$59/sqft |
Source:  Realcomp II #20261070024 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Five Points
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