Description
Prime multifamily investment opportunity located in Detroit's historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit's residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586, 20261015683
Details
| MLS # | 60984240 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 177 |
| Listing Provided By | KW Professionals | Michael Gerisch |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,800 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.10 |
Interior
| Rooms Total | 8 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Natural Gas, Forced Air |
| Appliances | Gas Water Heater |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 2883 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48238 |
| Area | Detroit (82001) |
| Community Name | Oakmans Robt Cherry Lane |
| Listing VS Median (in Oakmans Robt Cherry Lane) | |
Price: $150,000 low | high Med: $150,000 sqft: 2,800 low | high Med: 2,800 $ / sqft: $54 low | high Med: $54 On site: 177 low | high Med: 206 | |
Market Activity 48238
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48238 |
| Area | Detroit (82001) |
| Community Name | Oakmans Robt Cherry Lane |
| Listing VS Median (in Oakmans Robt Cherry Lane) | |
Price: $150,000 low | high Med: $150,000 sqft: 2,800 low | high Med: 2,800 $ / sqft: $54 low | high Med: $54 On site: 177 low | high Med: 206 | |
