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
Baths9.0 Sq 6,000

Monthly Estimate*

$ 4,420

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Studio

Multi-Family Home for sale in Detroit, MI

for $700,000 with 9 full baths. This 6,000 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

Studio

Full Bath

9

Property Type

Multi-Family

Taxes

$ 22,141

Style

Lot Size

0.07

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61014245

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 9
Half Baths 0
Bathrooms 9
Year Built 1925
Parking On Street
Subdivision C B Sherrard Sub MI
Water Heater Gas
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 41417
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions East Vernor West Of Alter And North Of Kercheval
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional Exchange/Trade
Legal Description E ASHLAND 397 C B SHERRARD SUB L32 P58 PLATS W C R 21/407 31.65 X 100
DOM 0
Postal Code 48215
Price Per Sq Ft Total AG 116.67
Public Remarks 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)
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Interior
Basement Partially Finished
Fireplace? No
Total Number of Units 9
Fuel Type Natural Gas
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Exterior
Exterior Brick
Lot Size Area 0.07
Lot Dimensions 31.65X100
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Daryl Harris

Listing Agent

Black Diamond Realty

Broker

contact@blackdiamondmi.com

Email

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
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$700,000 Listed Price

Map


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14800 E Vernor Highway, Detroit, MI, 48215 is a Multi-Family Home for sale at $700,000 with 6,000 sqft and a lot size of 0.07. 14800 E Vernor Highway is a studio with 9.0 baths and was built in 1925. The property's zip code is 48215 which is in Detroit, MI