8525 Maxwell Street Detroit, MI ^$ 550,000

8525 Maxwell Street

^$ 550,000

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8525 Maxwell Street

Detroit, MI, 48213

^$ 550,000

Studio Baths14.0 Sq 8,036

Monthly Estimate*

^$ 3,431

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Studio

Multi-Family Home for sale in Detroit, MI

for $550,000 with 14 full baths. This 8,036 square foot home was built in 1927 on a lot size of 0.27.

Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit's east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units, two story brick, currently tenant-occupied (lease/rent roll status unknown). Buyer should expect potential evictions or tenant turnover after purchase. Strong rental demand in the area with upside for stabilized cash flow after repositioning. Close to major freeways, local schools, and neighborhood redevelopment activity. This is a value-add investment opportunity for an experienced investor or property manager who can stabilize the building and maximize its long-term potential.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 30,249

Style

Lot Size

0.27

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60929348

Features

General

Heating Steam

Possession At Close

Water Public Water

Status Active Active

Full Baths 14

Half Baths 0

Bathrooms 14

Year Built 1927

Subdivision More Than One Sub Involved MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions S of Harper / E of Van Dyke

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description W MAXWELL S 244.14 FT OF N 457.10 FT OF LYG W OF & ADJ MAXWELL AVE & E & S OF PRESSLERS SUB S OF PRESSLER AVE AS OPENED N OF CURT AVE AS OP FRAC SEC 22 T 1 S R 12 E 17/- 244.14 X 47.73

DOM 106

Postal Code 48213

Price Per Sq Ft Total AG 68.44

Public Remarks Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit's east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units

Exterior

Exterior Brick

Lot Size Area 0.27

Lot Dimensions 244.14X47.73

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 14

Fuel Type Natural Gas

* Excluded Features

List By

J'Donovan Smith

Listing Agent

Golden Key Realty Group Llc

Broker

jdonovansmithrealty@gmail.com

Affordability Calculator

$5,952

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $2,521
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,305

Percent of Sale Price 57%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/20/2025	$550,000		Listed Price

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8525 Maxwell Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $550,000 with 8,036 sqft and a lot size of 0.27. 8525 Maxwell Street is a studio with 14.0 baths and was built in 1927. The property's zip code is 48213 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

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8525 Maxwell Street

Multi-Family Home for sale in Detroit, MI

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