14440 Frankfort ST, Detroit, MI 48224
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14440 Frankfort ST, Detroit, MI 48224
14440 Frankfort ST, Detroit, MI 48224
14440 Frankfort ST, Detroit, MI 48224
14440 Frankfort ST, Detroit, MI 48224

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Additional details
Larry Else

Larry Else

+1(313) 315-3215
$ 800,000
Est. payment /mo
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14440 Frankfort ST Detroit, MI 48224

32,934 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 32,934 sqft

Price per Sqft $24

Subdivision Jefferson Park Land Co Ltd 1

MLS Listing ID 20261027480

Year Built 1958

Lot Size 0.750 Acres

Acres 0.75

Property Sub-Type RealEstateOnly

Property Description

32 unit apartment building with strong value add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features ParkingLot

Fence Fenced

Utilities Available AboveGroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Jiryes Jarrous of Century 21 Curran & Oberski

NEARBY SCHOOLS & PROPERTIES

Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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