21400 W 7 Mile Road Detroit, MI ^$ 4,800,000

21400 W 7 Mile Road

^$ 4,800,000

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21400 W 7 Mile Road

Detroit, MI, 48219

^$ 4,800,000

Bedrooms88 Baths64.0 Sq 50,478

Monthly Estimate*

^$ 29,946

21400 W 7 Mile Road, Detroit, MI 48219 - Image 1

21400 W 7 Mile Road, Detroit, MI 48219 - Image 2

21400 W 7 Mile Road, Detroit, MI 48219 - Image 3

21400 W 7 Mile Road, Detroit, MI 48219 - Image 4

Multi-Family Home for sale in Detroit, MI

for $4,800,000 with 88 bedrooms and 64 full baths. This 50,478 square foot home was built in 1955 on a lot size of 2.28.

64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!

Multi-Family Active

Price

^$ 4,800,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 118,014

Style

Lot Size

2.28

Year Built

1955

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50188303

Features

General

Heating Boiler

Possession At Close

Water Public Water

Status Active Active

Full Baths 64

Half Baths 0

Bathrooms 64

Year Built 1955

Subdivision Stollman 3 Also Pg 51 MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description N W SEVEN MILE 141 THRU 127 STOLLMAN SUB # 3 L75 P50-1 PLATS W C R 22/777 607.89X166.99

DOM 82

Postal Code 48219

Price Per Sq Ft Total AG 95.09

Public Remarks 64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New elec

Interior

Beds 88

Fireplace? No

Total Number of Units 64

Fuel Type Natural Gas

Exterior

Lot Size Area 2.28

Lot Dimensions 99317

Waterfront Y/N No

* Excluded Features

List By

Justin Zehel

Listing Agent

Keller Williams Paint Creek

Broker

Zehel@proteamkw.com

Affordability Calculator

$39,780

Per Month

Monthly Principal & Interest: $29,946
Monthly Property Taxes: $9,835
Monthly Home Insurance: --

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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 ^$237,392

Percent of Sale Price 95%

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
9/12/2025	$4,800,000		Listed Price

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21400 W 7 Mile Road, Detroit, MI, 48219 is a Multi-Family Home for sale at $4,800,000 with 50,478 sqft and a lot size of 2.28. 21400 W 7 Mile Road has 88 bedrooms, 64.0 baths, and was built in 1955. The property's zip code is 48219 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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21400 W 7 Mile Road

Multi-Family Home for sale in Detroit, MI

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