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19131 Lahser Rd, Detroit, MI, 48219

28beds
16baths
15,106sqft
$900,000
$60price/sqft
$9,268/moest. monthly cost
$370,720/yrincome needed

About This Home

Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.

Getting Around

34
WalkingCar-Dependent
49
TransitSome Transit
56
BikeBikeable

Schools

3/10
Wright Charles SchoolGrades PK-80.5 mi
2/10
Ford High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Private Storage Locker,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 28
  • Bathrooms: 16
  • Full bathrooms: 16

Features

  • Finished area above ground: 15,106

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 15,106 sqft

Property

Details

  • Parcel number: W22I113657S
  • Zoning description: Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.35 Acres
  • Lot size dimensions: 122 x 135