725 Whitmore, Detroit, MI 48203
Local realty services provided by:CENTURY 21 Realty North
725 Whitmore,Detroit, MI 48203
$1,650,000
- - Beds
- 66 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: rashad elabed
Office: jna real estate
MLS#:60988004
Source:MI_REALSOURCE
Price summary
- Price:$1,650,000
About this home
A rare Detroit value-add apartment offering at 725 Whitmore, Detroit, MI 48203: a solid brick building with 66 units and the scale buy-and-hold investors look for when they want meaningful income potential and operational leverage. With the right rehab plan, this property is positioned to gross over $75,000 per month in rent, giving you room to build a durable cash-flowing asset at a basis that reflects the work still needed. The building totals 72 bedrooms and 66 bathrooms across approximately 48,000 sq ft, with a unit mix designed to serve broad rental demand: 48 one-bedroom units, 12 two-bedroom units, and 6 studios. Much of the heavy lifting has already started in key areas, including many newer egress windows and the replacement of many plumbing stacks, improvements that can help streamline the path from renovation to stabilized performance. The structure is there, the footprint is there, and the upside is there, this is a straightforward opportunity for an investor ready to bring a large building back to life. Set on a 22,000 sq ft lot, the property provides ample site area to support a full-scale repositioning effort and long-term operation. The brick construction speaks to longevity, and the combination of updated components already completed plus remaining interior work creates a clear value-add narrative: you are buying it at a price that reflects the condition, then capturing the spread as units are improved and income rises. Request details and schedule a showing to evaluate the unit mix, existing improvements, and the path to unlocking this 66-unit Detroit apartment's rent potential....
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Home facts
- Year built:1926
- Listing ID #:60988004
- Added:1 day(s) ago
- Updated:April 29, 2026 at 01:34 PM
Rooms and interior
- Total bathrooms:66
- Full bathrooms:66
- Basement Description:Block, Partially Finished
Heating and cooling
- Heating:Baseboard, Electric Heat, Forced Air
Structure and exterior
- Year built:1926
- Lot area:0.5 Acres
- Construction Materials:Brick
- Foundation Description:Basement, Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,650,000
- Tax amount:$22,007
Features and amenities
- Amenities:Cable/Internet Available
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