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

Bedrooms-- Baths-- Sq 32,934

Monthly Estimate*

^$ 4,926

14440 Frankfort Street, Detroit, MI 48224 - Image 1

14440 Frankfort Street, Detroit, MI 48224 - Image 2

14440 Frankfort Street, Detroit, MI 48224 - Image 3

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14440 Frankfort Street, Detroit, MI 48224 - Image 7

14440 Frankfort Street, Detroit, MI 48224 - Image 8

Commercial Property for sale in Detroit, MI

for $800,000. This 32,934 square foot building was built 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!

Commercial Active

Price

^$ 800,000

Property Type

Commercial

Taxes

^$ 48,403

Style

Commercial/Industrial

Lot Size

0.75

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60986159

Features

General

Heating Hot Water

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 19

Subdivision Jefferson Park Land Co Ltd 1 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Multi-Family Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features 880 Volt Power Fence Overhead Doors

Area Detroit (82001)

Primary City Detroit

Directions North Of E Warren Ave East Of Chalmers

City Detroit

Financial Terms Cash Conventional

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

Exterior

Exterior Brick

Frontage 229

Lot Size Area 0.75

Lot Dimensions 229.61X143

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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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

Commerical listings in Detroit, MI

Average List Price ^$453,798

Percent of Sale Price 43%

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.

760529 Elementary School

760235 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 Commercial Property for sale at $800,000 with 32,934 sqft and a lot size of 0.75. 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

Commercial Property for sale in Detroit, MI

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