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10820 Schoolcraft Street

Detroit, Michigan 48238
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Bed 17

Bed

Bath 17

Bath

SqFt8,516

Sqft

Acres0.09

Acre(Lot)

**Detroit Multifamily Portfolio – Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire portfolio rather than continue managing the project remotely. This package presents investors and developers with a unique opportunity to complete a large-scale multifamily redevelopment project with substantial upside potential. The portfolio includes: • **14299 Fordham Street** – Fully renovated and occupied. Currently operating as a single-room rental property featuring 62 rentable beds with rents r anging from **$450 to $595 per month per bed**. • **14296 Glenwood Street** – 20-unit apartment building approximately 50% rehabilitated. Rough electrical and plumbing work have been completed and approved. • **18036 Schoenherr Street** – 30-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **18055 Schoenherr Street** – 20-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **18029 Schoenherr Street** – 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **10820 Schoolcraft Road** – 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. The vacant properties have been cleaned out and secured, providing a strong foundation for investors looking to complete renovations and maximize long-term cash flow. With a combination of existing income and significant value-add potential, this portfolio offers a rare opportunity to acquire scale in one transaction. Proof of funds required prior to any showings. Please drive by the properties prior to requesting showings.

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Detail Ic Property Details

Property Type : Multifamily

Price : $2,999,999

AD Id : 83737472

MLS Id : 20261044001

Beds : 17

Lot Size : 0.09 Acre

Living Area Size : 8,516

Year Built : 1930

County : Wayne

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Feature Features

  • Bathroom Information

    Total Baths: 17 Full Baths: 17
  • Interior Features

    Roof: Rubber Basement Description: Unfinished
  • Heating & Cooling

    Heating: Other Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1930 Building Stories: 4-10 Story Total Units: 17 Roof: Rubber Foundation/Basement: Basement Architecture: Traditional
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.09 Lot Dimensions: 40.00X101.00
  • Property Information

    SQ ft: 8516 Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $2,999,999
  • Listing Information

    Possession: At Close Legal Description: W MANOR 30 RESTMORE HOMES SUB L33 P39 PLATS, W C R 16/344 40 X 101

  • Tax Information

    Annual Tax: $224 Parcel Number: W16I045805S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W MANOR 30 RESTMORE HOMES SUB L33 P39 PLATS, W C R 16/344 40 X 101

  • Unit 1 Information

    # of Bedrooms: 17

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/23/2026 @ 17:07

MLS: 20261044001 LISTED BY: John Goci , EXP Realty Main 888-501-7085 SOURCE: Realcomp II Ltd

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