25911 Michigan AVE, Inkster, MI 48141
Local realty services provided by:CENTURY 21 Signature Realty
25911 Michigan AVE,Inkster, MI 48141
$3,010,000
- - Beds
- 34 Baths
- 22,550 sq. ft.
- Multi-family
- Active
Listed by: maryott tijerina
Office: premier realty service llc.
MLS#:20261082965
Source:MI_REALCOMP
Price summary
- Price:$3,010,000
- Price per sq. ft.:$133.48
About this home
AVENUE APARTMENTS | PREMIER 32-UNIT MULTIFAMILY INVESTMENT | 100% OCCUPANCY. Thirty-two unit, fully occupied multifamily investment on the Michigan Avenue corridor in Inkster. Repositioned in 2024 through a comprehensive, down-to-the-studs renovation of the interiors and exterior, including a new roof, windows, interior rehabilitation, complete exterior modernization, and substantial capital improvements throughout the building. Operating at full occupancy, with scheduled rental income of thirty-one thousand nine hundred sixty dollars per month. The asset features a balanced mix of market-rate leases and Housing Choice Voucher contracts, providing a diversified and established income stream. The building is all-electric with NO NATURAL GAS service on site. This eliminates boiler, furnace, and gas-line maintenance from the operating budget, and consolidates the property onto a single energy source. Electric service expense are currently allocated between ownership and tenants keeping utility expense controlled.Additional opportunities for revenue enhancement include laundry operations, ancillary income streams, and potential utility expense recovery. Positioned along the Michigan Avenue corridor, the property offers convenient connectivity to Dearborn, Detroit Metropolitan Wayne County Airport, I-94, and the surrounding employment and commercial centers....
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Home facts
- Year built:1960
- Subdivision & Development:LOT 8 SUB OF NE 1/4 & E 1/2 OF NW 1/4 OF SEC 30
- Listing ID #:20261082965
- Added:2 day(s) ago
- Updated:October 23, 2026 at 10:05 AM
Rooms and interior
- Total bathrooms:34
- Full bathrooms:32
- Half bathrooms:2
- Living area:22,550 sq. ft.
Heating and cooling
- Cooling:ENERGY STAR Qualified A/C Equipment
- Heating:Other Heating Source, Separate Meters
Structure and exterior
- Year built:1960
- Building area:22,550 sq. ft.
- Lot area:0.88 Acres
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Slab
- Levels:Two
Utilities
- Water:Water at Street
- Sewer:Public Sewer, Sewer at Street
Finances and disclosures
- Price:$3,010,000
- Price per sq. ft.:$133.48
- Tax amount:$55,597
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