14800 E Vernor Highway Detroit, MI $ 700,000
14800 E Vernor Highway
$ 700,000
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14800 E Vernor Highway

Detroit, MI, 48215
$ 700,000
Bedrooms9 Baths9.0 Sq 7,000

Monthly Estimate*

$ 4,420

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Multi-Family Home for sale in Detroit, MI

for $700,000 with 9 bedrooms and 9 full baths. This 7,000 square foot home was built in 1925 on a lot size of 0.07.

9-Unit Brick Asset | East Detroit / Grosse Pointe Park Border Acquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside. Key Investment Highlights Fully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8). Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park. Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover. Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing). Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit. East-side corridor assets this close to the Pointes move quickly.

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Multi-Family Active

Price

$ 700,000

Bedrooms

9

Full Bath

9

Property Type

Multi-Family

Taxes

$ 22,141

Style

Upper Lower Apartment

Lot Size

0.07

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261057305

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1925
Electric Volts220 CircuitBreakers
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 41417.0
Operating Expense 27414.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name C B SHERRARD SUB
Garage Y/N N
Full Baths 9
Status Active
Directions East Vernor West Of Alter And North Of Kercheval
City DetroitCity_Wayne
Disclosures AnnualPropertyOperatingDataAvailable ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 9
MLS Area Area05066DetMcclellanEastMackToShore
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 9
Land Lease Y/N N
Tax Annual Amount 22141.0
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
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 134354
Expected Active Date 2026-07-23
Legal Description E ASHLAND 397 C B SHERRARD SUB L32 P58 PLATS W C R 21/407 31.65 X 100
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Interior
Basement PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6000.0
Half Baths 0
Below Grade Finished Area 1000.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 9
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Exterior
Parking Features OnStreet
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 31.65X100
Lot Size Acres 0.07
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 14800
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* Excluded Features
List By
Daryl B Harris

Listing Agent

Black Diamond Realty

Broker

(313) 727-3886

Phone

Affordability Calculator

$6,265
Per Month
71%
29%
0%
Monthly Principal & Interest
$4,420
Monthly Property Taxes
$1,845
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/23/2026$700,000 Listed Price

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14800 E Vernor Highway, Detroit, MI, 48215 is a Multi-Family Home for sale at $700,000 with 7,000 sqft and a lot size of 0.07. 14800 E Vernor Highway has 9 bedrooms, 9.0 baths, and was built in 1925. The property's zip code is 48215 which is in Detroit, MI