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14440 Frankfort Street, Detroit, MI 48224

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
14440 Frankfort Street,Detroit, MI 48224
$800,000
  • - Beds
  • 32 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jiryes jarrous
Office: match realty
MLS#:61002557
Source:MI_REALSOURCE

Price summary

  • Price:$800,000

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 #:61002557
  • Added:50 day(s) ago
  • Updated:August 05, 2026 at 10:32 AM

Rooms and interior

  • Total bathrooms:32
  • Full bathrooms:32
  • Basement Description:Poured

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1958
  • Lot area:0.75 Acres
  • Construction Materials:Brick
  • Exterior Features:Fenced Yard
  • Foundation Description:Basement, Poured

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$800,000
  • Tax amount:$58,087

Parking

  • Parking description:On Street Parking
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