12564 Pinehurst, Detroit, MI 48204

Local realty services provided by:CENTURY 21 Signature Realty
12564 Pinehurst,Detroit, MI 48204
$580,000
  • 10 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: keelie thomas
Office: elite real estate professionals, inc.
MLS#:50220846
Source:MI_REALSOURCE

Price summary

  • Price:$580,000

About this home

Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700–$750 per unit. Land contract terms are available with a $50,000 down payment.

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Home facts

  • Year built:1927
  • Subdivision & Development:Moore & Veale Sub
  • Listing ID #:50220846
  • Added:1 day(s) ago
  • Updated:September 04, 2026 at 05:30 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:12
  • Full bathrooms:12

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1927
  • Lot area:0.1 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement
  • Levels:2+ Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$580,000
  • Tax amount:$8,478
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