11765 GLENFIELD Street
Detroit, MI, 48213 $ 1,075,000
Baths14.0 Sq 8,680 Monthly Estimate*
$ 6,619
Studio for $1,075,000 with 14 full baths. This 8,680 square foot home was built in 1930 on a lot size of 0.12.
Fully updated 14-unit multifamily apartment building in the heart of Detroit’s East Side, nestled in the Gratiot-Findlay neighborhood. This turnkey asset features all new plumbing, electrical, drywall, windows, mechanicals including AC, and new gas lines—offering a truly low-maintenance, long-term investment opportunity. Strategically located directly behind the Detroit Police Department’s 9th Precinct, the property benefits from exceptional built-in security. Just steps from Gratiot Ave, residents enjoy easy access to public transportation, shopping, restaurants, and everyday amenities, along with quick connectivity to Downtown Detroit. An added bonus: an adjacent side lot is available through the City, ideal for future development, additional parking, or expanded outdoor space. Currently, 12 out of 14 units are leased, generating $14,200 per month in rent plus an additional $400 in water reimbursement for a total monthly income of $14,600. Current owner is netting $135,840 annually. A previous appraisal came in at $1.15M, with the full report uploaded in the documents for review. Don’t miss this exceptional value—secure this fully modernized, income-producing multifamily building while it’s still available. opportunity in a growing area!
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession Negotiable
Architectural Style CommonEntryBuilding
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1930
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 135840.0
Operating Expense 39360.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ALFRED TROMBLEYS IDEAL SUB (PLATS)
Garage Y/N N
Full Baths 14
Status Active
Directions S of Glenfield Ave / W of Gunston St
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
Number Of Units Total 14
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 4733.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 54953
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2025-04-11
Legal Description N GLENFIELD 22 W 5 FT 21 ALFRED TROMBLYS IDEAL SUB L44 P16 PLATS W C R 21/657 50 X 106.2
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6680.0
Half Baths 0
Below Grade Finished Area 2000.0
Total Baths 14
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ExteriorWater Source Public
Total Parking 0.0
Lot Size Area 0.12
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 50.00 x 106.00
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $6,619
- Monthly Property Taxes
- $394
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $234,851
Percent of Sale Price 78%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/9/2025 | $1,075,000 | -10.42% | Price Down |
| 4/11/2025 | $1,200,000 | | Listed Price |