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Latonia Knox

lknox@axenrealty.com +1(678) 674-7929

$399,000

Est. payment - /mo

8 Baths

7,080 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 7,080 sqft

Price per Sqft $56

Subdivision Avon Park Sub

MLS Listing ID 20261050163

Style Other

Full Baths 8

Year Built 1962

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type MultiFamily

Property Description

Exceptional multifamily investment opportunity! This 8-unit apartment building offers the ideal combination of immediate cash flow and value-add potential. With 5 of the 8 units currently occupied, including Section 8 tenants, the property provides reliable income from day one, while the three vacant units create an opportunity to increase rental revenue and boost overall returns through lease-up and strategic improvements. Convenient access to major freeways, shopping, dining, public transportation, and employment centers, this property is well-positioned to attract and retain tenants. Whether you're looking to expand your portfolio, complete a value-add project, or build long-term wealth through multifamily investing, this asset offers multiple avenues for income growth and appreciation. With strong rental demand in the area and the ability to increase occupancy and maximize cash flow, 15080 Greenfield is an opportunity investors won't want to miss.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Private Storage Locker, Unfinished

Interior

Heating Hot Water, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

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Listed by Kyrah Willis of Match Realty

Nearby Locations

Latonia Knox

Broker Associate | License ID: Ga: 365526 Mi: 6506048686

+1(678) 674-7929 | lknox@axenrealty.com

15080 Greenfield RD Detroit, MI 48227

Latonia Knox

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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