Detroit Multifamily For Sale By Owner (79 Multifamily)

  • Multifamily For Sale $310,000
    • 2Baths
    • 2,580Sq ft
    8022 KERCHEVAL Street , Detroit, Michigan

    Great opportunity to own a mix use property in the heart of historic west village business... Read More

  • Multifamily For Sale $60,000
    • 2Baths
    • 2,014Sq ft
    15736 STEEL Street , Detroit, Michigan

    Nice 2 story brick multi family income producing, 100% occupied $550 per unit 2 bedroom per... Read More

  • Multifamily For Sale $55,000
    • 2.5Baths
    • 1,862Sq ft
    3236 W BUENA VISTA Street , Detroit, Michigan

    This property is move in ready!!!! take a look at this beautiful brick duplex. this home has been... Read More

  • Multifamily For Sale $89,900
    • 2Baths
    • 2,672Sq ft
    2223 W EUCLID Street , Detroit, Michigan

    Awesome brick 2 family home...newer roof, large rooms, plenty of storage, fenced yard, covered... Read More

  • Multifamily For Sale $100,000
    • 2Baths
    • 2,850Sq ft
    3334 FULLERTON Street , Detroit, Michigan

    This is beautiful tenant occupied multi family home in historic russell woods. this is a great... Read More

  • Multifamily For Sale $25,000
    • 4Baths
    • 3,360Sq ft
    16244 LA SALLE Avenue , Detroit, Michigan

    3 bedroom units one upper and lower. this home has great potential don't miss out this one will... Read More

  • Multifamily For Sale $117,000
    • 3.5Baths
    • 2,121Sq ft
    1486 MONTCLAIR Street , Detroit, Michigan

    Beautiful updated two unit one block away from rose's fine food and near downtown detroit. each... Read More

  • Multifamily For Sale $350,000
    • 3Baths
    • 2,794Sq ft
    4727 TRUMBULL Street , Detroit, Michigan
  • Multifamily For Sale $59,900
    • 2Baths
    • 1,894Sq ft
    12618 W OUTER Drive , Detroit, Michigan

    Solid all brick 2 unit features newer roof, separate gas and electric meters, durable hardwood... Read More

  • Multifamily For Sale $34,900
    • 2Baths
    • 2,112Sq ft
    2916 TYLER Street , Detroit, Michigan

    Just listed! adorable income generating 2 family flat for sale located on detroit's westside.... Read More

  • Multifamily For Sale $324,995
    • 2Baths
    • 2,200Sq ft
    971 FISCHER Street , Detroit, Michigan

    Prime east village (the villages) location!awesome historic two family home on quiet street with... Read More

  • Multifamily For Sale $346,900
    • 2Baths
    • 2,301Sq ft
    1734 VAN DYKE Street , Detroit, Michigan

    2-unit income producing property w/ 30x158 adjacent lot included! introducing to market, a rare... Read More

  • No Image
    Multifamily For Sale $125,000
    • 4Baths
    • 3,696Sq ft
    4531 HORATIO Street , Detroit, Michigan
  • Multifamily For Sale $18,000
    • 2Baths
    • 2,218Sq ft
    3198 CONCORD Street , Detroit, Michigan

    **opportunity** investors special! 2 story multifamily featuring two 2 bedroom units, 1 bathroom... Read More

  • Multifamily For Sale $42,000
    • 2Baths
    • 3,136Sq ft
    3200 CLEMENTS Street , Detroit, Michigan

    Now here's an investment to add to your portfolio!! each half of this massive two-unit has three... Read More

  • Multifamily For Sale $39,500
    • 2.5Baths
    • 2,438Sq ft
    4016 BLAINE Street , Detroit, Michigan

    Inspiring 2 family-flat property with several possibilities. for the home seekers, make this... Read More

  • Multifamily For Sale $40,100
    • 2Baths
    • 2,398Sq ft
    3343 HOGARTH Street , Detroit, Michigan

    Investor special! in need of minor repairs. all work is almost completed. downstairs unit has... Read More

  • Multifamily For Sale $69,500
    • 2Baths
    • 1,722Sq ft
    16846 SANTA ROSA Drive , Detroit, Michigan

    Investor opportunity! brick multi family located in a very stable rental neighborhood just below... Read More

  • Multifamily For Sale $58,000
    • 2Baths
    • 1,806Sq ft
    18313 MEYERS Road , Detroit, Michigan

    Duplex home located in a quiet neighborhood. great income property, multi-family home, current... Read More

  • Multifamily For Sale $37,999
    • 2Baths
    • 1,752Sq ft
    9630 MARK TWAIN Street , Detroit, Michigan

    Investor special or perfect first home , one floor to live in and the other to rent out ! two... Read More

Detroit - Statistics and Home Trends

Actives Activity Chart

AVERAGE PRICE

$ 228,203

NEW LISTINGS THIS WEEK

12

PRICE PER SQUARE FOOT

$ 253

Average Price
Land in Detroit (234) $ 196,778

AVERAGE PRICE

$ 207,181

NEW LISTINGS THIS WEEK

50

PRICE PER SQUARE FOOT

$ N/A

Learn More About Detroit, Michigan

Currently there are 1,702 homes for sale, 243 condos and apartments for sale and 234 vacant land for sale in Detroit

Background on Detroit
Detroit is the largest and most heavily populated city in the state of Michigan as well as the largest city found on the United States – Canada border. Detroit is at the seat of Wayne County. The population here is estimated to be around 675,000 which make it the 23rd most populated city in the entire United States. If you look at the metropolitan area which is better known as Metro Detroit you will see that the population there is upwards of 4.3 million people. Detroit is most well known for its art, design and architecture. Detroit was founded in July of 1701 and incorporated in September of 1806. This area of Michigan is roughly 143 square miles and of that 143 square miles approximately 4 miles of that is water. The climate here in Detroit is a humid continental climate which is greatly influenced by the Great Lakes and the city. The winters here tend to be very cold but with only moderate snowfall. The summer months are usually very warm with temperatures exceeding 90 degrees several times throughout the warmer months. The hottest times here in Detroit runs from May through September. Precipitation in this area tends to occur during the months of May though June. There is approximately 33.5 inches of rainfall per year here. Thunderstorms are very frequent in Detroit and usually happen during the spring and summer.

Real Estate in Detroit
There are so many different kinds of housing styles here in Detroit. You will find everything from Tudors and Cape Cod style homes to Ranches and Condos here in Detroit. The market here has so much to offer, especially if you are looking for an eclectic mixture of housing styles. The prices here can range from less than $10,000 for a single family home that need TLC to those in excess of $1,000,000. It all depends on which neighborhood you are looking in. Most homes in Detroit are single family but there are several condo communities here as well if you are looking for a home that comes with amenities.

Employment in Detroit
There are several major corporations that are based here in Detroit as well as three Fortune 500 companies. Manufacturing, finance, health care and technology make up a majority of the jobs here. Automotive manufacturing is another big employer in this area. There are also some large companies here that are globally recognized. Little Caesars, Blue Cross Blue Shield of Michigan, Quicken Loans, General Energy and American Axle are just a few of those major employers.

Music and Entertainment in Detroit
Since the 1940’s live music has been a prominent feature of the nightlife here in Detroit. The nickname “Motown” was given to the city due to its influence on the music industry. If you are looking to go to a concert in Detroit there are a few places for you to go. You can head to the DTE Energy Music Theatre or The Palace of Auburn Hills as well as several other small clubs and jazz houses. The Theatre Venue Circuit is the performing arts portion of Detroit. Here you will find things like live music, theater, the orchestra as well as more than a dozen performing arts centers. The Theatre Venue Circuit is the second largest in the United States and also hosts several Broadway productions throughout the year.

Places to Visit in Detroit
- Downtown Detroit is a great place to visit if you want to take a walk, bike or try one of the areas up and coming restaurants. This area is very cosmopolitan and has tons to do if you are looking for a little adventure.
- Dearborn/Wayne is a historic and diverse section of Detroit. Here you find a mixture of Italian, Polish, Mexican and Arab-American neighborhoods. There is Middle Eastern Dining here as well as the only drive-in in the area.
- Greater Novi is a trendy area that is located around 45 minutes Northwest of Downtown Detroit. This place is known for its shopping as well as its fine dining and nightlife. This place is definitely a must see if you live in the Detroit area.

Summary
Detroit has reasonably priced real estate plus rich history within the music industry. There is so much to do here on any given day. If you are thinking of moving to Detroit don’t hesitate, this place has it all!

ByOwner.com offers For Sale By Owner listing services throughout the country. By posting home with ByOwner your property will get the same exposure you’d receive from a traditional real estate company. Our Detroit, Michigan Flat Fee MLS listing Service saves you from paying the traditional 6% commission charged by most real estate offices, but gives you the same worldwide exposure.

Your home will be found on the local MLS, plus all the major search engines and popular real estate portal sites, including: Trulia, Zillow, Realtor.com, MSN, AOL, Bing, Yahoo, and of course Google. Additionally when your home gets added to the MLS, your FSBO listing will listed alongside of the homes listed by ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams and all the other nationwide brokerage sites. These sites often display “all” of the MLS postings, not just their own, which means your home will be on these sites also.

The average seller who uses our Flat Rate MLS Listing, will save over $15,000. We give you the tools and exposure you need as a ForSaleByOwner to compete with every other listing in the MLS. But you are in control of the savings and the fees you pay.

Currently Detroit has 2,435 properties on the market for sale. The inventory was last updated 04/07/2020. Of these properties, 1,702 single family homes are for sale by their owners in Detroit, and 243 condos are for sale by their owners in Detroit. The average price of the single family homes for sale in Detroit, is $145,101, the average condo price in Detroit, is $228,203. The average price per square foot of the active inventory is $85. This is based the living area square footage.

Over the last year, there have been 24,284 of properties sold in Detroit. Of these properties, 19,890 single family homes have sold by their owners in Detroit, and 1,944 condos have sold by their owners in Detroit. The average sales price of the single family homes sold in Detroit, is $164,909. Single family homes have been selling for 38 per square foot of living area. The average sales price of the condos for sale in Detroit, is $225,549. Condos have been selling for 136 per square foot of living area.

The most active subdivisions with listings for sale in Detroit, are: Gratiot Lawn (13 For Sale), East Detroit Development Cos No 1 (plats) (13 For Sale), Gratiot American Park (11 For Sale), Joy Farm (also P39 Plats) (11 For Sale), Albert Cranes Plat (plats) (11 For Sale), Robert Oakmans Twelfth St (plats) (11 For Sale), Kochs Sub (plats) (10 For Sale), B E Taylors Monmoor (plats) (10 For Sale), Atkinsons Sub Of Park Lot 6 (plats) (9 For Sale), Burton & Freuds Riverside Blvd Sub (8 For Sale)

If you are thinking of selling your Detroit home, try our flat fee listing service, Our list fees start at $449, and may save you $15,000 in real estate commissions. Click here to start saving.

Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 04/07/2020