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$ 900,000
Est. payment /mo
New
19131 Lahser Road Detroit, MI 48219
16 Baths
0.35 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261050178
Year Built 1963
Annual Tax Amount $41,576
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 122x135
Source Realcomp
Property Description
Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time.Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy.Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
Location
State MI
County Wayne
Zoning Residential
Direction North of 7 Mile, West of Lahser
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I113657S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Match Realty
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