For Sale
21400 W 7 Mile Road, Detroit, MI 48219
$3,500,000
MLS # 50188303 (MiRealSource)
Built 19552.28 acres
1 / 4
Listing Description
NO SELLER FINANCING! 64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing.
Source: SparkMLS
About this home
64-bath home in Evergreen in Detroit built in 1955.
Asking $3,500,000.
Property tax estimate: $99,595 per year ($8,300/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms64
Lot Size2.28 acres
Year Built1955
Location
CityDetroit
MunicipalityDetroit City
Zip Code48219
CountyWayne
Sale & Financing
Listed9/11/2025
Original Price$4,800,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$147,714
Tax Year2025
State Equalized Value$1,551,700
Assessed Value$1,551,700
Parcel #22016835.
Source: Public Records
Legal Description
N W SEVEN MILE 141 THRU 127 STOLLMAN SUB # 3 L75 P50-1 PLATS, W C R 22/777 607.89X166.99
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Justin Zehel
Keller Williams Paint Creek
Frequently Asked Questions about 21400 W 7 Mile Road, Detroit, MI 48219
What financing options are available for 21400 W 7 Mile Road, Detroit, MI 48219?
Per MLS# 50188303, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
Is 21400 W 7 Mile Road, Detroit, MI 48219 eligible for USDA financing?
Per USDA Rural Development boundary data, 21400 W 7 Mile 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, 21400 W 7 Mile 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.
Is fiber internet available at 21400 W 7 Mile Road, Detroit, MI 48219?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 21400 W 7 Mile Road, Detroit, MI 48219. The maximum advertised download speed is 2.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$99,595
Monthly$8,300
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$31,001
Principal & interest$22,701
Property taxes$8,300
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
21400 W 7 Mile Road, Detroit, MI 48219
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Neighborhood
Evergreen
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Community
Detroit
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County
Wayne County
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