14800 E Vernor Highway, Detroit, MI 48215

Local realty services provided by:ERA Prime Real Estate Group
14800 E Vernor Highway,Detroit, MI 48215
$700,000
  • - Beds
  • 9 Baths
  • 7,000 sq. ft.
  • Multi-family
  • Active
Listed by: daryl b harris
Office: black diamond realty
MLS#:20261057305
Source:MI_REALCOMP

Price summary

  • Price:$700,000
  • Price per sq. ft.:$100

About this home

9-Unit Brick Asset | East Detroit / Grosse Pointe Park Border Acquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside. Key Investment Highlights Fully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8). Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park. Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover. Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing). Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit. East-side corridor assets this close to the Pointes move quickly.

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Home facts

  • Year built:1925
  • Subdivision & Development:C B SHERRARD SUB
  • Listing ID #:20261057305
  • Added:10 day(s) ago
  • Updated:August 03, 2026 at 10:20 AM

Rooms and interior

  • Total bathrooms:9
  • Full bathrooms:9
  • Basement Description:Partially Finished
  • Living area:7,000 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1925
  • Building area:7,000 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Upper Lower Apartment
  • Construction Materials:Brick
  • Foundation Description:Basement, Brick Mortar
  • Levels:Three

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$100
  • Tax amount:$22,141

Parking

  • Parking description:On Street
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