The MJA CompanyNational Realty Centers (248) 780-8944
24620 W 7 Mile Road, Detroit, MI 48219
$450,000 For sale

24620 W 7 Mile Road

Detroit, MI 48219

8baths
7,683sqft
0.25acres
1962built
$59per sqft
30days listed

Multi Family · MLS # 20261070024 · Listing courtesy of Real Broker, LLC Troy

About this home

INVESTMENT OPPORTUNITY — 8-UNIT MULTIFAMILY IN DETROIT! Add scale to your investment portfolio with this 8-unit apartment building located at 24620 W 7 Mile Rd in Detroit. This multifamily property offers an excellent opportunity for an investor looking to acquire multiple units under one roof with the potential for ongoing rental income and long-term appreciation. The building consists of eight 2-bedroom, 1-bath units. Whether you’re looking to expand an existing rental portfolio or make your move into multifamily investing, this property offers the opportunity to build value. Conveniently located along the W Seven Mile corridor with access to major roadways, and surrounding Metro Detroit communities.

Interior

Full baths8
Half baths0
Living area7,683 sqft
BasementCommon, Interior Entry, Unfinished
LevelsTwo

Systems and utilities

HeatingNatural Gas, Wall Furnace
WaterOther
SewerSewer At Street

Exterior and lot

StyleOther
Year built1962
ConstructionBrick
FoundationBasement, Block
Garage spaces0
Lot size0.25 acres
Lot dimensions119.08X92
PoolNone

Taxes, HOA and more

Annual taxes$28,063
Summer taxes$5,788
Winter taxes$22,275
SubdivisionHITCHMANS THOMAS HOMECROFT
MunicipalityDetroit
CountyWayne
PossessionNegotiable
Sale termsCash, Conventional
Special conditionsShort Sale No, Standard

Schools

School districtDetroit

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Sep 30, 2026, 5:40 PM.

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