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!

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Multi-Family Active

Price

$ 4,800,000

Bedrooms

88

Full Bath

64

Property Type

Multi-Family

Taxes

$ 118,014

Style

MultiFamily

Lot Size

2.28

Year Built

1955

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

58050188303

Features
General
Sewer PublicSewer
Heating NaturalGas SeparateMeters Steam
Possession AtClose
Garage Spaces 0.0
Year Built 1955
Levels Two
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name STOLLMAN 3 ALSO PG 51
Garage Y/N N
Full Baths 64
Status Active
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Number Of Units Total 64
MLS Area Area05032Det6To8GrnfldToLimits
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 118014.0
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
Legal Description N W SEVEN MILE 141 THRU 127 STOLLMAN SUB # 3 L75 P50-1 PLATS W C R 22/777 607.89X166.99
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Exterior
Water Source Public
Foundation Details Basement
Spa N
Lot Dimensions 99317
Lot Size Acres 2.28
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 50478.0
Total Bedrooms 88
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 64
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Internal Only
Street Number 1 21400
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* Excluded Features
List By
Justin Zehel

Listing Agent

Keller Williams Paint Creek

Broker

(248) 979-3466

Phone

Affordability Calculator

$39,780
Per Month
75%
25%
0%
Monthly Principal & Interest
$29,946
Monthly Property Taxes
$9,835
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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