18055 Schoenherr Street, Detroit, MI 48205

Detroit
Local realty services provided by:ERA Prime Real Estate Group
18055 Schoenherr Street,Detroit, MI 48205
$2,999,999
  • - Beds
  • 60 Baths
  • 40,604 sq. ft.
  • Multi-family
  • Active
Listed by: john goci, harun ali
Office: exp realty main
MLS#:20261044166
Source:MI_REALCOMP

Price summary

  • Price:$2,999,999
  • Price per sq. ft.:$73.88

About this home

**Detroit Multifamily Portfolio – Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire portfolio rather than continue managing the project remotely. This package presents investors and developers with a unique opportunity to complete a large-scale multifamily redevelopment project with substantial upside potential. The portfolio includes: • **14299 Fordham Street** – Fully renovated and occupied. Currently operating as a single-room rental property featuring 62 rentable beds with rents ranging from **$450 to $595 per month per bed**. • **14296 Glenwood Street** – 20-unit apartment building approximately 50% rehabilitated. Rough electrical and plumbing work have been completed and...

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Home facts

  • Year built:1929
  • Listing ID #:20261044166
  • Added:38 day(s) ago
  • Updated:July 21, 2026 at 10:06 AM

Rooms and interior

  • Total bathrooms:60
  • Full bathrooms:60
  • Basement Description:Finished
  • Living area:40,604 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1929
  • Building area:40,604 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Upper Lower Apartment
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:Story 4 to 10

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,999,999
  • Price per sq. ft.:$73.88
  • Tax amount:$9,099
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