15080 Greenfield Road, Detroit, MI 48227

$399,000
8
BA

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List Price
$399,000
Days on Market
71
MLS#
20261050163
Status
ACTIVE
Type
Multifamily
Bathrooms
8

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.

Additional Information

Taxes
$22,548
Acres
0.19
Heating
Hot Water
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Katie Wheeler from Listing Office: Match Realty.

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