11811 Morang Drive Detroit, MI ^$ 1,200,000

11811 Morang Drive

^$ 1,200,000

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11811 Morang Drive

Detroit, MI, 48224

^$ 1,200,000

Bedrooms33 Baths22.0 Sq 12,364

Monthly Estimate*

^$ 7,486

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Multi-Family Home for sale in Detroit, MI

for $1,200,000 with 33 bedrooms and 22 full baths. This 12,364 square foot home was built in 1958 on a lot size of 0.33.

Calling all investors! 22 unit complex with 11 one bed one bath units and 11 two beds one bath units. Updated windows. Updated plumbing. Updated electrical! All new electic baseboard heaters. All new doors. Units have been remodeled. 19 units are occupied out of the 22 units. This complex is at a 15% cap at listing price. Once the 3 vacants are occupied this will be a 17% cap building. Cash cow ! The 3 vacants will be rented by closing. Serious buyers only.

Multi-Family Active

Price

^$ 1,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 34,813

Style

Lot Size

0.33

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50192149

Features

General

Heating Baseboard

Possession At Close

Water Public Water

Status Active Active

Full Baths 22

Half Baths 0

Bathrooms 22

Year Built 1958

Subdivision Lincoln Gardens 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 Conventional

Legal Description W MORANG E 30 FT 49 W 90 FT OF S 124 FT 25 E 40 FT OF S 30 FT 25 LINCOLN GARDENS SUB L43 P26 PLATS W C R 21/811 120 IRREG

DOM 43

Postal Code 48224

Price Per Sq Ft Total AG 97.06

Public Remarks Calling all investors! 22 unit complex with 11 one bed one bath units and 11 two beds one bath units. Updated windows. Updated plumbing. Updated electrical! All new electic baseboard heaters. All new

Interior

Beds 33

Fireplace? No

Total Number of Units 22

Fuel Type Electric

Exterior

Lot Size Area 0.33

Lot Dimensions 14375

Waterfront Y/N No

* Excluded Features

List By

Justin Zehel

Listing Agent

Keller Williams Paint Creek

Broker

Zehel@proteamkw.com

Affordability Calculator

$10,388

Per Month

Monthly Principal & Interest: $7,486
Monthly Property Taxes: $2,901
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 ^$237,305

Percent of Sale Price 80%

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
10/21/2025	$1,200,000		Listed Price

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11811 Morang Drive, Detroit, MI, 48224 is a Multi-Family Home for sale at $1,200,000 with 12,364 sqft and a lot size of 0.33. 11811 Morang Drive has 33 bedrooms, 22.0 baths, and was built in 1958. The property's zip code is 48224 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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11811 Morang Drive

Multi-Family Home for sale in Detroit, MI

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