24620 W 7 Mile Road
Detroit, MI, 48219
$450,000
Beds
8 Baths
0 SqFt
0.25 Acres
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$450,000
24620 W 7 Mile Road
Detroit, MI, 48219
MLS #20261070024 image #0
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.

Property Details

Price:
$450,000
MLS #:
20261070024
Status:
Active
Beds:
0
Baths:
8
Type:
Single Family
Listed Date:
Aug 31, 2026
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1962
Detroit

Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$96,000
Taxes
$28,063
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Current real estate data for Single Family in Detroit as of Sep 02, 2026
3,986
Single Family Listed
129
Avg DOM
84
Avg $ / SqFt
$150,603
Avg List Price

Community

Subdivisions in Detroit

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Property Summary

    24620 W 7 Mile Road Detroit MI is a Single Family for sale in Detroit, MI, 48219. It is listed for $450,000 and features 0 beds, 8 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $150,603.
24620 W 7 Mile Road
Detroit, MI

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