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Multi-Family For Sale
Meyers Court Townhouses
15401 - 15487 Meyers Rd, Detroit, MI 48227
Property Details
Building Size
15 SF
Year Built
1996
Renovated
2021
Stories
2
Building Class
C
Zoning
R2
Parcel ID
22-020347
Price
$1,490,000
Description
A 15 unit "townhome" style apartment complex, consisting of 14 duplex units and one freestanding townhome, for sale in Detroit, MI.
Location
Located on the northwest corner of Meyers Rd and Keeler Street in Detroit, MI
Highlights
- 15 unit "townhome" style apartment complex
- Under market rents with ability to increase NOI under new ownership
- All units have a single car attached garage
- New flooring, garage doors, countertops, and many other renovations
- All utilities paid by tenant
Location
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Demographics
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| 1-Mile Radius | 3-Mile Radius | 5-Mile Radius | |
|---|---|---|---|
| Total Population | 17,238 | 163,794 | 395,820 |
| Total Households | 6,622 | 64,730 | 157,764 |
| Persons / Household | 2.57 | 2.51 | 2.49 |
| Avg. Household Income | $46,323 | $58,401 | $64,158 |
| Per-Capita Income | $19,072 | $24,530 | $26,960 |
| Avg. Home Value | $85,676 | $137,204 | $168,293 |
| Median Age | 39.3 | 38.5 | 37.4 |
Source: US Census Bureau ACS 2024 5-Year Estimates.
Listing Broker
