18250 WEAVER StreetDetroit City Wayne, MI 48228
Turnkey 40-Unit Multifamily Opportunity | 12–14% Cap Rate Potential | Prime Detroit Location Fully remodeled 40-unit multifamily asset ideally located in the heart of Detroit, just minutes from major shopping districts and directly adjacent to the highly sought-after Dearborn Heights community. This property has undergone a full transformation—modernized units, updated mechanicals, and refreshed common areas—making it a truly turnkey opportunity. With projected annual revenue of approximately $480,000, this property offers investors a potential 12–14% cap rate upon stabilization. Lightly occupied post-renovation with strong tenant interest already in motion. Seller is ready to hand off this high-yield investment to a new owner ready to capitalize on rising demand and long-term wealth creation through lease-up and management.
| 15 hours ago | Listing first seen on site | |
| 15 hours ago | Listing updated with changes from the MLS® |
IDX provided courtesy of Realcomp II Ltd. via . Copyright © 2025 Realcomp II Ltd. Shareholders.
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 and that the data is deemed reliable but not guaranteed accurate by the MLS.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.