19131 Lahser RoadDetroit, MI 48219
$650,000
Listing courtesy of Match Realty
28
Beds
16
Baths
15,106
Sqft
About
This Home
Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1963
- Lot Size
- 0.35 acres
- Garage Spaces
- 0
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Basement
- Unfinished
- Annual Taxes
- $41,576
- MLS #
- 20261050178
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of Match Realty. MLS # 20261050178. Information is deemed reliable but not guaranteed and should be independently verified.
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