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18055 Schoenherr Street

Detroit, Michigan 48205
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Bed 60

Bed

Bath 60

Bath

SqFt32,604

Sqft

Acres0.17

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 : 84711896

MLS Id : 20261044166

Beds : 60

Lot Size : 0.17 Acre

Living Area Size : 32,604

Year Built : 1929

County : Wayne

Subdivision: Delisles Sub

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Feature Features

  • Bathroom Information

    Total Baths: 60 Full Baths: 60
  • Interior Features

    Basement Description: Finished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1929 Building Stories: 4-10 Story Total Units: 60 Foundation/Basement: Basement Architecture: Upper/Lower Apartment
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.17 Lot Dimensions: 60X124.5
  • Property Information

    SQ ft: 32604 Subdivision: Trombley Park Financing: Cash

  • Listing Price Information

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

    Possession: At Close Legal Description: W SCHOENHERR 11 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 60 X 124.50

  • Tax Information

    Annual Tax: $9,099 Parcel Number: W21I029834S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W SCHOENHERR 11 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 60 X 124.50

  • Unit 1 Information

    # of Bedrooms: 60

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16666 E 8 Mile Road , Detroit, MI, 48205 $75,000 -- 2 974 974 SqFt
16241 E 7 Mile Road , Detroit, MI, 48205 $230,000 4 2.5 2,546 2,546 SqFt
14622 Faircrest Street , Detroit, MI, 48205 $69,999 3 2 1,540 1,540 SqFt
14296 Glenwood Street , Detroit, MI, 48205 $2,999,999 14 12 9,744 9,744 SqFt
14299 Fordham Street , Detroit, MI, 48205 $2,999,999 18 18 10,310 10,310 SqFt
14140 Seymour Street , Detroit, MI, 48205 $74,900 4 -- --
13626 Troester Street , Detroit, MI, 48205 $30,000 4 2 2,040 2,040 SqFt
18036 Schoenherr Street.., Detroit, MI, 48205 $2,999,999 -- 28 16,860 16,860 SqFt
18029 Schoenherr Street , Detroit, MI, 48205 $2,999,999 10 14 6,702 6,702 SqFt
13505 Greiner Street , Detroit, MI, 48205 $50,000 8 4 3,060 3,060 SqFt
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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 06/24/2026 @ 13:23

MLS: 20261044166 LISTED BY: John Goci , EXP Realty Main 888-501-7085 SOURCE: Realcomp II Ltd

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