14440 Frankfort Street Detroit, MI ^$ 800,000

14440 Frankfort Street

^$ 800,000

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Recently Listed

14440 Frankfort Street

Detroit, MI, 48224

^$ 800,000

Studio Baths32.0 Sq 32,934

Monthly Estimate*

^$ 4,926

14440 Frankfort Street, Detroit, MI 48224 - Image 1

14440 Frankfort Street, Detroit, MI 48224 - Image 2

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14440 Frankfort Street, Detroit, MI 48224 - Image 8

Studio

Multi-Family Home for sale in Detroit, MI

for $800,000 with 32 full baths. This 32,934 square foot home was built in 1958 on a lot size of 0.75.

32 unit apartment building with strong value add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!

Multi-Family Active

Price

^$ 800,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 48,403

Style

Lot Size

0.75

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60986138

Features

General

Heating Hot Water

Possession At Close

Water Public Water

Status Active Active

Full Baths 32

Half Baths 0

Bathrooms 32

Year Built 1958

Subdivision Jefferson Park Land Co Ltd 1 MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions North Of E Warren Ave East Of Chalmers

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description S FRANKFORT DR 1000 THRU 1004 JEFFERSON PARK LAND COMPANY LIMITED SUB NO 1 L50 P78 PLATS W C R 21/755 229.61 X 143

DOM 1

Postal Code 48224

Price Per Sq Ft Total AG 24.29

Public Remarks 32 unit apartment building with strong value add potential located in Chandler Park. This property offers a total of 32 934 square feet

Interior

Basement Poured

Fireplace? No

Total Number of Units 32

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Fenced Yard

Frontage 230

Lot Size Area 0.75

Lot Dimensions 230X143

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jiryes Jarrous

Listing Agent

Century 21 Curran & Oberski

Broker

georgejarrous.c21@gmail.com

Affordability Calculator

$8,959

Per Month

Monthly Principal & Interest: $4,926
Monthly Property Taxes: $4,034
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$259,421

Percent of Sale Price 68%

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
4/22/2026	$800,000		Listed Price

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14440 Frankfort Street, Detroit, MI, 48224 is a Multi-Family Home for sale at $800,000 with 32,934 sqft and a lot size of 0.75. 14440 Frankfort Street is a studio with 32.0 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 6.25% 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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14440 Frankfort Street

Multi-Family Home for sale in Detroit, MI

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