12564 Pinehurst Street
Detroit, Michigan 48204
0
Bed
12
Bath
2,881Sqft
0.10Acre(Lot)
Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700"“$750 per unit. Land contract terms are available with a $50,000 down payment.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 12 Full Baths: 12 -
Heating & Cooling
Heating: Forced Air,Separate Meters Heating Fuel: Electric
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Building Information
Year Built: 1927 Total Units: 12 Foundation/Basement: Basement Architecture: Apartment -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
-
Lot Information
Lot Size: 0.10 Lot Dimensions: 4356 -
Property Information
SQ ft: 2881 Subdivision: Moore & Veale Sub Financing: Cash,Contract,Conventional
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Listing Price Information
Original List Price: $580,000 -
Listing Information
Possession: At Close Legal Description: E PINEHURST 44 MOORE & VEALE SUB L30 P20 PLATS, W C R 16/230 35 X 125
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Tax Information
Annual Tax: $8,478 Parcel Number: 16043623Possession
At CloseLegal Information
Legal Description: Section: E PINEHURST 44 MOORE & VEALE SUB L30 P20 PLATS, W C R 16/230 35 X 125
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9313 Broadstreet Avenue , Detroit, MI, 48204 | $175,000 | 6 | -- | -- | 0.13 Acre |
| 4267 Seebaldt Street , Detroit, MI, 48204 | $195,000 | 4 | 2 | 3,550 | 0.12 Acre |
| 4115 Montgomery Street , Detroit, MI, 48204 | $2,240,000 | 46 | 20 | 1,189 | 0.09 Acre |
| 4331 Allendale Street , Detroit, MI, 48204 | $9,900 | 4 | 2 | 2,196 | 0.08 Acre |
| 4003 Pingree Street , Detroit, MI, 48204 | $180,000 | 6 | 2 | 3,746 | 0.09 Acre |
| 4079-4081 Pingree Street , Detroit, MI, 48204 | $135,000 | 4 | 2 | 2,128 | 0.08 Acre |
| 4019 Carter Street , Detroit, MI, 48204 | $115,000 | -- | 2 | 2,674 | 0.09 Acre |
| 4055 Carter Street , Detroit, MI, 48204 | $40,000 | 4 | 2.5 | 2,542 | 0.08 Acre |
| 4646 Pacific Street , Detroit, MI, 48204 | $230,000 | 6 | 2 | 2,238 | 0.09 Acre |
| 4357 W Philadelphia Str.., Detroit, MI, 48204 | $175,000 | 6 | 2 | 2,462 | 0.08 Acre |
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ByOwner last updated this listing 09/05/2026 @ 22:43
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