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12564 Pinehurst Street Detroit, MI $ 580,000
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12564 Pinehurst Street
$ 580,000
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12564 Pinehurst Street

Detroit, MI, 48204
$ 580,000
Baths12.0 Sq 2,881

Monthly Estimate*

$ 3,662

12564 Pinehurst Street, Detroit, MI 48204 - Image 1
12564 Pinehurst Street, Detroit, MI 48204 - Image 2
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12564 Pinehurst Street, Detroit, MI 48204 - Image 12
Studio

Multi-Family Home for sale in Detroit, MI

for $580,000 with 12 full baths. This 2,881 square foot home was built in 1927 on a lot size of 0.1.

Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700"“$750 per unit. Land contract terms are available with a $50,000 down payment.

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Multi-Family Active

Price

$ 580,000

Bedrooms

Studio

Full Bath

12

Property Type

Multi-Family

Taxes

$ 8,478

Style

Morethan2 Stories,Apartment

Lot Size

0.1

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

5050220846
Features
General
Sewer PublicSewer
Heating Electric ForcedAir SeparateMeters
Possession AtClose
Garage Spaces 0.0
Architectural Style Morethan2Stories Apartment
Construction Materials Brick
Year Built 1927
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MOORE & VEALE SUB
Garage Y/N N
Full Baths 12
Status Active
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Number Of Units Total 12
MLS Area Area05042Det6TireGrnfldLivernois
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8478.0
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
Ownership Type LLC
Legal Description E PINEHURST 44 MOORE & VEALE SUB L30 P20 PLATS W C R 16/230 35 X 125
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Exterior
Water Source Public
Foundation Details Basement
Spa N
Lot Dimensions 4356
Lot Size Acres 0.1
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 2881.0
Total Bedrooms 10
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 12
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Internal Only
Street Number 1 12564
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* Excluded Features
List By
Keelie Thomas

Listing Agent

Elite Real Estate Professionals, Inc.

Broker

(810) 333-2732

Phone

Affordability Calculator

$4,369
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,662
Monthly Property Taxes
$707
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/4/2026$580,000 Listed Price

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12564 Pinehurst Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $580,000 with 2,881 sqft and a lot size of 0.1. 12564 Pinehurst Street is a studio with 12.0 baths and was built in 1927. The property's zip code is 48204 which is in Detroit, MI

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