319 Edsel Ford FwyDetroit, MI 48202

Property Details for 319 Edsel Ford Fwy

Year built

1914

Property size (Sq ft)

10,926 SF

Property type

Residential income homes

Description

This exceptional 14-unit multifamily property, located at 319 E Edsel Ford Fwy in Detroit, Michigan's Midtown neighborhood, presents a unique investment opportunity. Situated on the border of Milwaukee Junction, this property boasts a total square footage of 10,926 and is offered at an asking price of $399,000 ($36.52 per square foot). Built in 1914, the building requires a complete gut renovation, including a thorough clean-out and stabilization. Currently configured with four units per floor across three floors, plus two additional basement apartments, this property offers significant potential for value creation. The existing layout features fourteen units in total. This is a standard (private) ownership opportunity located within an Opportunity Zone, providing potential tax advantages for qualified investors. The property's prime location and substantial size make it an ideal project for investors seeking a high-impact renovation and repositioning opportunity in a rapidly developing area of Detroit. The property is being sold by the owner. This is a rare chance to acquire a large-scale multifamily project in a vibrant and up-and-coming neighborhood.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.366

Longitude

-83.0651

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].