14440 Frankfort Street, Detroit, MI 48224
Local realty services provided by:ERA Prime Real Estate Group
14440 Frankfort Street,Detroit, MI 48224
$800,000
- - Beds
- 32 Baths
- 32,934 sq. ft.
- Multi-family
- Active
Listed by: jiryes jarrous
Office: match realty
MLS#:20261040948
Source:MI_REALCOMP
Price summary
- Price:$800,000
- Price per sq. ft.:$24.29
About this home
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 new 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!
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Home facts
- Year built:1958
- Subdivision & Development:JEFFERSON PARK LAND CO LTD 1
- Listing ID #:20261040948
- Added:80 day(s) ago
- Updated:September 04, 2026 at 10:01 AM
Rooms and interior
- Total bathrooms:32
- Full bathrooms:32
- Basement Description:Unfinished
- Living area:32,934 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1958
- Building area:32,934 sq. ft.
- Lot area:0.75 Acres
- Architectural Style:Common Entry Building
- Construction Materials:Brick
- Foundation Description:Basement, Poured
- Levels:Three
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$24.29
- Tax amount:$58,087
Parking
- Parking description:On Street, Parking Lot
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