For Sale
13233 La Salle Boulevard, Detroit, MI 48238
$1,100,000
MLS # 20261035821 (Realcomp)
Built 19270.2 acres
1 / 17
Listing Description
investment Opportunity: 18-Unit Multifamily Apartment Building – Detroit, MI!!!!Fully remodeled 18-unit brick apartment building in a strong rental pocket of Detroit, just 10 minutes from Downtown and New Center. Perfect turn-key cash flow property for investors looking to acquire a stabilized asset with immediate income and upside potential.- 18 spacious units (mix of 1-bed and 2-bed layouts)3 stories with solid brick construction, Approximately 50% occupied – collect rents Day 1 while filling the remaining units at market rates Located in a high-demand rental area with consistent tenant interest Extensive recent renovations completed -newer roof All new energy-efficient windows New carpet & flooring throughout units and common area Freshly painted interiors and exteriors New interior & exterior doors Completely updated electrical systems, newer plumbing and hot water tanksStrong cash flow opportunity with value-add upside as remaining units are leasedPriced aggressively for quick sale – ideal for 1031 exchange buyers, private investors, or funds looking for stable Detroit multifamily with proven rents and low maintenance for years to come.Don’t miss this rare fully renovated, cash-flowing 18-unit building in one of Detroit’s rebounding neighborhoods!For financials, rent roll, and private tour, contact listing agent today.
Source: SparkMLS
About this home
This 18-bath home built in 1927 sits in Durfee in Detroit.
Asking $1,100,000.
Property tax estimate: $3,729 per year ($311/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms18
Lot Size0.2 acres
Year Built1927
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed5/17/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,505
Tax Year2025
State Equalized Value$58,100
Assessed Value$58,100
Parcel #10008803.
Source: Public Records
Legal Description
W LA SALLE 194-195 ROBERT OAKMANS INDIANDALE SUB L34 P91 PLATS, W C R 10/131 80 X 110
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gaston Munoz
Munoz Realty Inc
Frequently Asked Questions about 13233 La Salle Boulevard, Detroit, MI 48238
Which school district serves 13233 La Salle Boulevard, Detroit, MI 48238?
Per MLS# 20261035821, 13233 La Salle Boulevard, Detroit, MI 48238 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 13233 La Salle Boulevard, Detroit, MI 48238?
Per MLS# 20261035821, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 13233 La Salle Boulevard, Detroit, MI 48238?
Per public tax records, annual property taxes for this property are $3,962. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 13233 La Salle Boulevard, Detroit, MI 48238 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 13233 La Salle Boulevard, Detroit, MI 48238 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 13233 La Salle Boulevard, Detroit, MI 48238?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$3,729
Monthly$311
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$7,445
Principal & interest$7,135
Property taxes$311
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
13233 La Salle Boulevard, Detroit, MI 48238
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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