15523 Mack, Detroit, MI 48224
Local realty services provided by:CENTURY 21 Signature Realty
15523 Mack,Detroit, MI 48224
$1,000,000
- - Beds
- 20 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jay naim, fadi dabaja
Office: exp realty main
MLS#:60999267
Source:MI_REALSOURCE
Price summary
- Price:$1,000,000
About this home
Directly across from Grosse Pointe, 15523 Mack Avenue presents a rare opportunity to acquire a 20-unit mixed-use asset in one of Detroit's most sought-after border markets. The property consists of 18 residential units and 2 commercial spaces positioned along the highly visible Mack Avenue corridor, offering investors immediate scale and significant value-add potential. Located just minutes from Downtown Grosse Pointe, Corewell Health Beaumont Grosse Pointe Hospital, and Downtown Detroit, the property sits in a proven corridor supported by strong residential demand, established commercial activity, and continued public and private investment. Investors have the opportunity to increase value through renovation, lease-up, rent growth, commercial occupancy, operational improvements, and overall repositioning of the asset. City-approved redevelopment plans are available for purchase separately, providing a head start for future redevelopment, expansion, or adaptive reuse initiatives. The property may be eligible for Brownfield TIF, OPRA, PILOT programs, SBA financing, and potential 4% LIHTC incentives, creating additional avenues to enhance project feasibility and returns. Opportunities to acquire a mixed-use asset of this size, location, and redevelopment potential are becoming increasingly difficult to find as replacement costs continue to rise and barriers to new development remain high. Combining Grosse Pointe adjacency, Detroit pricing, multiple income streams, redevelopment potential, and appreciation potential, 15523 Mack Avenue offers a compelling opportunity for investors seeking a scalable asset with upside in one of Detroit's strongest border-market locations. Seller may consider Land Contract terms for qualified buyers. Proof of funds and Hold Harmless Agreement required prior to scheduling a showing. All information deemed reliable but not guaranteed. Buyer and Buyer's Agent to verify all information and perform their own due diligence....
Contact an agent
Home facts
- Year built:1929
- Subdivision & Development:More Than One Sub Involved
- Listing ID #:60999267
- Added:98 day(s) ago
- Updated:September 11, 2026 at 10:58 AM
Rooms and interior
- Total bathrooms:20
- Full bathrooms:20
- Basement Description:Outside Entrance
Heating and cooling
- Heating:Radiant, Steam
Structure and exterior
- Year built:1929
- Lot area:0.17 Acres
- Construction Materials:Brick
- Exterior Features:Fenced Yard
- Foundation Description:Basement
- Levels:2 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,000,000
- Tax amount:$28,197
New listings near 15523 Mack
- Coming Soon
$229,900Coming Soon3 beds 2 baths1,387 sq. ft.16701 Harlow, Detroit, MI 48235
MLS# 61029456Listed by: ELITE REALTY ADVISORS LLC - New
$49,500Active-- beds 2 baths5081 Somerset, Detroit, MI 48224
MLS# 61029298Listed by: RE/MAX FIRST - New
$49,500Active-- beds 2 baths5919 Yorkshire, Detroit, MI 48224
MLS# 61029299Listed by: RE/MAX FIRST - New
$165,000Active4 beds 2 baths1,485 sq. ft.14035 Rutherford, Detroit, MI 48227
MLS# 61029442Listed by: KELLER WILLIAMS LEGACY - New
$115,000Active3 beds 2 baths1,554 sq. ft.14048 Asbury, Detroit, MI 48227
MLS# 61029457Listed by: GEORGE A DROSIS - New
$50,000Active0.09 Acres3097 Van Dyke, Detroit, MI 48214
MLS# 61029461Listed by: KELLER WILLIAMS REALTY-GREAT LAKES - New
$50,000Active0.07 Acres3093 Van Dyke, Detroit, MI
MLS# 61029481Listed by: KELLER WILLIAMS REALTY-GREAT LAKES - New
$50,000Active0.07 Acres3087 Van Dyke, Detroit, MI
MLS# 61029482Listed by: KELLER WILLIAMS REALTY-GREAT LAKES - New
$315,000Active4 beds 3 baths2,350 sq. ft.17527 Stoepel, Detroit, MI 48221
MLS# 61029347Listed by: OWN IT REALTY - New
$58,910Active3 beds 1 baths1,489 sq. ft.6056 Maxwell, Detroit, MI 48213
MLS# 61029408Listed by: EXP REALTY - MARK WHITE & ASSOCIATES