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8 Baths
7,683 sqft

$450,000

24620 W 7 Mile Road, Detroit City Wayne Michigan, 48219

Price per sqft$58.57
Built in1962
Property size7,683 sqft
Property typeMulti-family

Overview

Active

Listed Aug 31, 2026

Updated 4 weeks ago

INVESTMENT OPPORTUNITY — 8-UNIT MULTIFAMILY IN DETROIT! Add scale to your investment portfolio with this 8-unit apartment building located at 24620 W 7 Mile Rd in Detroit. This multifamily property offers an excellent opportunity for an investor looking to acquire multiple units under one roof with the potential for ongoing rental income and long-term appreciation. The building consists of eight 2-bedroom, 1-bath units. Whether you’re looking to expand an existing rental portfolio or make your move into multifamily investing, this property offers the opportunity to build value. Conveniently located along the W Seven Mile corridor with access to major roadways, and surrounding Metro Detroit communities.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261070024

Interior Features

Bathrooms
8
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$28,063
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Real Broker, LLC Troy

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Originating MLS:
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Data last updated 6:34 AM UTC, 9/10/2026

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