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24620 W 7 Mile Road

Detroit, Michigan 48219
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Bed 16

Bed

Bath 8

Bath

SqFt7,683

Sqft

Acres0.25

Acre(Lot)

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.

Detail Ic Property Details

Property Type : Multifamily

Price : $450,000

AD Id : 90894933

MLS Id : 20261070024

Beds : 16

Lot Size : 0.25 Acre

Living Area Size : 7,683

Tax Amount : 28063.00

Year Built : 1962

County : Wayne

Subdivision: Meadow Park Add

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Feature Features

  • Bathroom Information

    Total Baths: 8 Full Baths: 8
  • Interior Features

    Basement Description: Interior Entry,Unfinished,Common
  • Heating & Cooling

    Heating: Wall Furnace Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1962 Building Stories: 2 Story Total Units: 8 Foundation/Basement: Basement Architecture: Other
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer at Street
  • Water

    Other

  • Lot Information

    Lot Size: 0.25 Lot Dimensions: 119.08X92
  • Property Information

    SQ ft: 7683 Subdivision: Hitchmans Thomas Homecroft Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $450,000
  • Listing Information

    Possession: Negotiable Legal Description: N SEVEN MILE S 160 FT OF LOTS 169 & 170EXC W 90 FT OF N 90 FT THEREOF THOMAS HITCHMANS HOMECRAFT SUB L31 P67 PLATS, WCR 22/369 119.08 IRREG

  • Tax Information

    Annual Tax: $28,063 Parcel Number: W22I016771S
  • Possession

    Negotiable
  • Legal Information

    Legal Description: Section: N SEVEN MILE S 160 FT OF LOTS 169 & 170EXC W 90 FT OF N 90 FT THEREOF THOMAS HITCHMANS HOMECRAFT SUB L31 P67 PLATS, WCR 22/369 119.08 IRREG

  • Unit 2 Information

    # of Bedrooms: 8

  • School Information

    School District: Detroit
  • Utility Information

    Water: Other Sewer: Sewer at Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16845-7 Dolphin Street , Detroit, MI, 48219 $65,000 3 2 1,551 0.15 Acre
19143 Berg Road , Detroit, MI, 48219 $2,500,000 -- 40.5 39,816 1.26 Acres
18475 Lenore , Detroit, MI, 48219 $205,000 4 2 2,016 --
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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 09/06/2026 @ 10:21

MLS: 20261070024 LISTED BY: TaMia Hairston , Real Broker, LLC Troy 517-200-3245 SOURCE: Realcomp II Ltd

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