For Sale
19131 Lahser Road, Detroit, MI 48219
$900,000
MLS # 20261050178 (Realcomp)
Built 19630.35 acres
1 / 6
Listing Description
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.
Source: SparkMLS
About this home
Located in Redford in Detroit, this property offers 16-bath, with original construction dating to 1963.
Asking $900,000.
Annual property taxes run approximately $30,327 ($2,527/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
Bathrooms16
Lot Size0.35 acres
Year Built1963
Location
CityDetroit
Zip Code48219
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed7/1/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$47,250
Tax Year2025
State Equalized Value$472,500
Assessed Value$472,500
Parcel #22113657.
Source: Public Records
Legal Description
W LAHSER W 138 FT OF E 198 FT OF N 137 FT OF S 297 FT EXC E 125 FT OF S 15 FT THEREOF S E 1/4 SEC 4 T 1 S R 10 E 22/--- 122 IRREG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kyrah Willis
Match Realty
Frequently Asked Questions about 19131 Lahser Road, Detroit, MI 48219
What school district is 19131 Lahser Road, Detroit, MI 48219 in?
Per MLS# 20261050178, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261050178, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261050178, the most recent reported annual property tax for 19131 Lahser Road, Detroit, MI 48219 is $41,576. 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.
Is 19131 Lahser Road, Detroit, MI 48219 eligible for USDA financing?
Per USDA Rural Development boundary data, 19131 Lahser Road, Detroit, MI 48219 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 19131 Lahser Road, Detroit, MI 48219 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$30,327
Monthly$2,527
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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Monthly payment$8,365
Principal & interest$5,837
Property taxes$2,527
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
19131 Lahser Road, Detroit, MI 48219
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Neighborhood
Redford
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Community
Detroit
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County
Wayne County
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