15080 Greenfield Road

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Address: 15080 Greenfield Rd, Detroit, MI 48227, USA
Chicago & Midwest + Apartment Buildings
Created date: July 30, 2026
Date last updated: September 22, 2026
Price: $399,000Investment Analyzer NEW!

Property Description

Exceptional multifamily investment opportunity! This 8-unit apartment building offers the ideal combination of immediate cash flow and value-add potential. With 5 of the 8 units currently occupied, including Section 8 tenants, the property provides reliable income from day one, while the three vacant units create an opportunity to increase rental revenue and boost overall returns through lease-up and strategic improvements. Convenient access to major freeways, shopping, dining, public transportation, and employment centers, this property is well-positioned to attract and retain tenants. Whether you're looking to expand your portfolio, complete a value-add project, or build long-term wealth through multifamily investing, this asset offers multiple avenues for income growth and appreciation. With strong rental demand in the area and the ability to increase occupancy and maximize cash flow, 15080 Greenfield is an opportunity investors won't want to miss.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $399,000
No. of Units: 8
Year Built: 1962
Lot Size: 7,080.00 Sq ft
Opportunity Zone: No
Price per unit: $49,875
Property Website Click Here
Number of Bedrooms: 12
Number of Bathrooms: 8
Address: 15080 Greenfield Road, Detroit, MI 48227, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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