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14440 Frankfort Street, Detroit, MI 48224

Detroit
Local realty services provided by:CENTURY 21 Affiliated
14440 Frankfort Street,Detroit, MI 48224
$800,000
  • - Beds
  • 32 Baths
  • 32,934 sq. ft.
  • Multi-family
  • Active
Listed by: jiryes jarrous
Office: match realty
MLS#:20261040948
Source:MI_REALCOMP

Price summary

  • Price:$800,000
  • Price per sq. ft.:$24.29

About this home

32-unit apartment building with strong value-add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with new plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!

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Home facts

  • Year built:1958
  • Subdivision & Development:JEFFERSON PARK LAND CO LTD 1
  • Listing ID #:20261040948
  • Added:95 day(s) ago
  • Updated:September 19, 2026 at 10:09 AM

Rooms and interior

  • Total bathrooms:32
  • Full bathrooms:32
  • Basement Description:Unfinished
  • Living area:32,934 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1958
  • Building area:32,934 sq. ft.
  • Lot area:0.75 Acres
  • Architectural Style:Common Entry Building
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:Three

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$24.29
  • Tax amount:$58,087

Parking

  • Parking description:On Street, Parking Lot
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