1705 Oakman Boulevard
Detroit, MI 48238
- – beds
- 13 baths
- 8,748 sqft
- 6,098 sqft lot
- $77 per sqft
- 1927 build
- – on site
Great Investment Opportunity: 13-Unit Apartment Complex in Oakman Historical District Check out this fantastic 13-unit apartment building in the Oakman Historical District of Detroit. It’s a solid investment with 10 out of the 13 units currently rented, so you’ll start earning right away! Taxes $3,800 annually Insurance $6,000 annually Gas $12,000 annually Electric $2,400 Annually Water $9,600 annually 3 units are vacant Unit 2 the building manager lives in and would like to stay, he takes care of the building and grounds in exchange for housing, has been there 20 years. Boiler in basement, original plumbing, fixed when needed and well maintained, newer electrical boxes Not a government rent controlled building and no tenants are section 8 All units are the same layout, 1 bed 1 bath, some have carpet, some have wood floors. Tenants pay electric and cooking gas. windows are 4 years old, roof is under 10 years old Located in a charming historic neighborhood with lots of character. This property combines historical appeal with recent upgrades and offers great rental income potential. It’s a smart choice for anyone looking to invest in a growing area!
Last checked:
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Last updated Feb 18, 2025
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MLS# 20250010572 —
The Building
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Year Built:1927
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New Construction:false
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Construction Materials:Brick
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Architectural Style:CommonEntryBuilding
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Roof:Rubber
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Levels:Three
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Basement:Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:8748.0
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Below Grade Total Area:2000
Interior
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Fireplace:false
Room Dimensions
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Living Area:8748.0
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Living Area Source:Estimated
Location
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Directions:Oakman historical district
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Cross Street:Oakman BLVD
The Property
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Parcel Number:W12I004787S
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.14
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Lot Size Area:0.14
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Lot Size Dimensions:50.00 x 120.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 277-7777
- Office phone:
- (313) 277-7777
Taxes
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Tax Legal Description:S OAKMAN BLVD 176 ROBERT OAKMANS FORD HIGHWAY & LINWOOD SUB L35 P59 PLATS, W C R 12/223 50 X 120
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Tax Assessed Value:34048
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Tax Annual Amount:2970.0
Baths
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Total Baths:13
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Full Baths:13
Heating & Cooling
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Heating:Baseboard, NaturalGas, SeparateMeters
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Heating:true
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Cooling:false
Utilities
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Utilities:UndergroundUtilities
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Sewer:PublicSewer
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Water Source:Public, SeparateMeters
Schools
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High School District:Detroit
The Community
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Subdivision Name:ROBT OAKMANS FORD HIGHWAY AND LINWOOD SUB (PLATS)
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Attached Garage:false
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Parking Total:5.0
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX 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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/17/25
Feb 17, 2025
|
Listed / Active | REALCOMP | $675,000 |