Real Estate Today LLC
Marilyn Mayberry, Real Estate Today LLCPhone: (248) 330-7381
Email: [email protected]
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listing
1 of 24
MultifamilyFor Sale
$1,050,000
4470 E Outer Drive
Detroit, MI 48234
Listed by: Keller Williams Somerset, (248) 649-7200
MLS: Realcomp II Ltd
18Baths
11,439Sq Ft
Est. Mortgage
$5,520/mo

Welcome to 4470 E Outer Dr, a renovated 2-story, 2-building garden style 18-unit brick apartment building. All units are 1-bed, 1-bath situated on a 13,068 sq ft site with great curb appeal. With 8 agency tenants and 10 cash tenants, this building comes fully occupied and stabilized with room yet to increase rents significantly without large capital expenditures. Two newer boilers have been installed, the roof is newer, and the windows are newer and vinyl as well. There is also a parking lot with plenty of parking for tenants. Overall, an ideal opportunity to both cash flow now and value add through a simpler business plan of raising rents in already quality units. Offering memorandum, rent roll and P&L are available upon request.

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IDX provided courtesy of Realcomp II Ltd. via Marilyn Mayberry and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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