19131 Lahser Rd, Detroit, MI 48219

$900,000
16
BA
15,106
SqFt

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List Price
$900,000
MLS#
20261050178
Status
ACTIVE
Bathrooms
16
Subdivision
MORE THAN ONE LEGAL INVOLVED

Property 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.

Additional Information

Year Built
1963
Basement Type
Unfinished
Acres
0.35
Style
Other
Acres
0.35
School District
Detroit
Heating
Forced Air, Natural Gas

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Courtesy of Match Realty 3134827432