1155 West McNichols Road

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Address: 1155 W McNichols Rd, Detroit, MI 48203, USA
Chicago & Midwest + Apartment Buildings
Created date: September 24, 2026
Date last updated: November 11, 2026
Price: $1,390,000Investment Analyzer NEW!
  • Multifamily property with income-producing investment potential
  • Attractive opportunity for value-add repositioning
  • Suitable for long-term hold strategies
  • Potential for diversified rental income
  • Ideal for owner operators and investors
  • Residential asset with broad market appeal
  • Flexible operational upside for portfolio growth

Property Description

1155 West McNichols Road is a multifamily investment opportunity offering a compelling value-add profile for investors seeking stable housing assets. This property presents the potential to generate strong rental demand with the flexibility to reposition, renovate, or optimize operations over time. Its multifamily use supports diversified income streams and long-term hold strategies, making it well suited for owners focused on cash flow and appreciation. Positioned as a dedicated residential asset, the property offers a foundation for disciplined management and future upside through targeted improvements and leasing execution.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,390,000
No. of Units: 36
Average Occupancy: 12.37
Lot Size: 0.30 Acres
Opportunity Zone: No
Price per unit: $38,611
Property Website Click Here
Address: 1155 West McNichols Road, Detroit, MI 48203, USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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