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13205 La Salle Blvd, Detroit, MI, 48238

16beds
19baths
10,686sqft
$950,000
$89price/sqft
$10,059/moest. monthly cost
$402,360/yrincome needed

About This Home

Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit’s most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.

Getting Around

67
WalkingSomewhat Walkable
49
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

3/10
4/10

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Basement

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 19
  • Full bathrooms: 19

Heating

  • Heating features: Boiler

Interior Area

  • Total structure area: 10,686
  • Total interior livable area: 10,686 sqft

Property

Details

  • Parcel number: 10008805.
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 8712