7305 Arno Avenue Allen Park, MI $ 925,000
7305 Arno Avenue
$ 925,000
Share Save

7305 Arno Avenue

Allen Park, MI, 48101
$ 925,000
Bedrooms-- Baths-- Sq 6,858

Monthly Estimate*

$ 5,771

7305 Arno Avenue, Allen Park, MI 48101 - Image 1
7305 Arno Avenue, Allen Park, MI 48101 - Image 2
7305 Arno Avenue, Allen Park, MI 48101 - Image 3
7305 Arno Avenue, Allen Park, MI 48101 - Image 4
7305 Arno Avenue, Allen Park, MI 48101 - Image 5
7305 Arno Avenue, Allen Park, MI 48101 - Image 6
7305 Arno Avenue, Allen Park, MI 48101 - Image 7
7305 Arno Avenue, Allen Park, MI 48101 - Image 8
7305 Arno Avenue, Allen Park, MI 48101 - Image 9
7305 Arno Avenue, Allen Park, MI 48101 - Image 10
7305 Arno Avenue, Allen Park, MI 48101 - Image 11
7305 Arno Avenue, Allen Park, MI 48101 - Image 12
7305 Arno Avenue, Allen Park, MI 48101 - Image 13
7305 Arno Avenue, Allen Park, MI 48101 - Image 14
7305 Arno Avenue, Allen Park, MI 48101 - Image 15
7305 Arno Avenue, Allen Park, MI 48101 - Image 16
7305 Arno Avenue, Allen Park, MI 48101 - Image 17
7305 Arno Avenue, Allen Park, MI 48101 - Image 18
7305 Arno Avenue, Allen Park, MI 48101 - Image 19

Commercial Property for sale in Allen Park, MI

for $925,000. This 6,858 square foot building was built in 1958 on a lot size of 0.44.

Great investment opportunity in Allen Park with Allen Park Schools. This is a 10-unit apartment complex, with an efficiency apartment as well. 8 of the apartments are 1 bedroom and 2 of them are 2 bedrooms. These apartments have been well maintained and are one level ranch style units. The roof is approximately 10 years old, the patio and approach are both new and the parking lot was re-sealed and striped this year. All of the units, but 2, have new picture windows and there is a maintenance shed as well. There is also coin operated laundry on site. The majority of the tenants are long term, some being there for over 30 years. BATVAI

See more

Commercial Pending

Price

$ 925,000

Property Type

Commercial

Taxes

$ 11,819

Style

RealEstateOnly

Lot Size

0.44

Year Built

1958

Town/City

Allen Park

County/Region

Wayne

MLS | Web ID

20251047781

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1958
Property Subtype RealEstateOnly
Current Use Commercial Residential
Business Type Apartments
County Wayne
Net Operating Income 55000.0
Operating Expense 27500.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name LIE-NOR LAWN SUB
Garage Y/N N
Status Pending
Directions Off of Allen Road enter through McLain.
City AllenParkCity_Wayne
Senior Community Y/N N
High School District AllenPark
Zoning Description Commercial Residential
Number Of Units Total 11
MLS Area Area05141AllenPark
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 10
Land Lease Y/N N
Tax Annual Amount 11819.02
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 Pending
Occupancy Type Tenant
Tax Assessed Value 150000
Expected Active Date 2025-10-22
Legal Description 11A356B TO 362 NLY 6.50FT OF LOT 356 TO LOT 362 INCL ALSO ADJ VAC ARNO AVE 50FT WIDE LIE-NOR LAWN SUB T3S R10E L55 P92 WCR
See more
Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 6858.0
Lot Dimensions 150X126.5
Lot Size Acres 0.44
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 6858.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 7305
See more
* Excluded Features
List By
Stacy Bazman

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 617-5662

Phone

Affordability Calculator

$6,756
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,771
Monthly Property Taxes
$985
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4909329 Elementary School
4909602 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$925,000 Listed Price

Map


See all

7305 Arno Avenue, Allen Park, MI, 48101 is a Commercial Property for sale at $925,000 with 6,858 sqft and a lot size of 0.44. 7305 Arno Avenue was built in 1958. The property's zip code is 48101 which is in Allen Park, MI