13660 Ohio Street Detroit, MI $ 725,000
13660 Ohio Street
$ 725,000
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13660 Ohio Street

Detroit, MI, 48238
$ 725,000
Bedrooms-- Baths-- Sq 5,832

Monthly Estimate*

$ 4,464

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Commercial Property for sale in Detroit, MI

for $725,000. This 5,832 square foot building was built in 1927 on a lot size of 0.28.

Current seller has owned and managed property for last 20 years. Turnkey 8-unit investment opportunity in Detroit’s desirable Davison–Schoolcraft neighborhood! This well-maintained multifamily property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one. Ideally located just off Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential. Whether you're expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to verify all info.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 18,932

Style

BusinessandRealEstate

Lot Size

0.28

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261023435

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1927
Levels Two
Property Subtype BusinessandRealEstate
Current Use MultiFamily
Business Type Apartments Residential
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name JOHN M WELCH JRS WYOMING- SCHOOLCRAFT
Garage Y/N N
Status Active
Directions Schoolcraft and Ohio Street
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
Number Of Units Total 8
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 8
Land Lease Y/N N
Tax Annual Amount 18932.0
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 175400
Expected Active Date 2026-04-15
Legal Description E OHIO 118 THRU 116 JOHN M WELCH JRS WYOMING- SCHOOLCRAFT SUB L46 P98 PLATS W C R 16/338 122.04 IRREG
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Building Area Total 5832.0
Lot Dimensions 122x100
Lot Size Acres 0.28
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 5832.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 13660
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* Excluded Features
List By
James T Silver

Listing Agent

Keller Williams Somerset

Broker

(248) 530-7292

Phone

Affordability Calculator

$6,042
Per Month
74%
26%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$1,578
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$725,000 Listed Price

Map


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13660 Ohio Street, Detroit, MI, 48238 is a Commercial Property for sale at $725,000 with 5,832 sqft and a lot size of 0.28. 13660 Ohio Street was built in 1927. The property's zip code is 48238 which is in Detroit, MI