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13535 La Salle Boulevard
Detroit MI 48238 US

$499,000

Active Listing ID 20261088603
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16 bed
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11,075 square feet
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19.00 Bath (19 Full)
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Lot: 0.30 Acres
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Other

$499,000

Active Listing ID 20261088603
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13535 La Salle Boulevard Value-add apartment opportunity in Detroit with the hard work already underway. This 19-unit, three-story brick building offers about 11, 075 square feet on 0.19 acre and is offered at 499, 000, roughly 26, 300 per unit and about 45 per square foot. Built in 1929, it has the solid construction and unit count investors look for at an entry price that leaves room to build equity. Location is a major strength. The property sits close to the Davison Freeway, I-96 and I-75, giving tenants fast routes to Downtown, Midtown and the rest of the metro area, which supports steady rental demand. Updates are already done where it counts. More than half of the units are renovated and rent-ready, with luxury vinyl plank flooring and refreshed kitchens and baths. Additional improvements include a new boiler installed in 2023, a rubber roof, brand-new fencing around the attached parking lot and an on-site coin laundry room for added income. The unit mix is 14 one-bedrooms, one two-bedroom and four studios. The potential is clear. Only one unit is currently occupied, so a new owner can lease up the renovated units at market rents right away, then complete cosmetic updates on the remaining units to raise occupancy and grow net income. At an assumed average rent of 900 per month, gross potential income is about 205, 200 per year, a gross rent multiplier near 2.4 at list price. All financial figures are projections based on a pro forma stabilized analysis assuming full occupancy and are not current income. Buyer and buyer's agent to verify all information, including unit count, zoning, square footage, rents and taxes.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 19
  • Cooling System: Wall Unit(s)
  • Exterior Finish: Lighting, Private Entry, Fenced
  • Roof Type: Rubber
  • Heating Fuels: Radiant, Steam

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 499000
  • unparsedaddress: 13535 La Salle Boulevard
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48238
  • bathroomsfull: 19
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 11075
  • livingareaunits: Square Feet
  • latitude: 42.3946
  • longitude: -83.11985
  • listagentfullname: Jay Naim
  • listagentemail: jaynaimrealtor@gmail.com
  • listagentkey: 3yd-REALCOMPMI-426431
  • listagentmlsid: 426431
  • listagentpreferredphone: 3135716581
  • listagentofficephone: 3135716581
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1929
  • listingcontractdate: 2026-11-04
  • countyorparish: Wayne
  • parcelnumber: W10I008797S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • cooling: Wall Unit(s)
  • constructionmaterials: Brick
  • heating: Radiant, Steam
  • numberofunitstotal: 19
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 25
  • roof: Rubber
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Smoke Alarm, 220 Volts, Carbon Monoxide Alarm(s), Laundry Facility, Entrance Foyer, High Spd Internet Avail, Programmable Thermostat, Closed Circuit Camera(s), Fire Alarm
  • exteriorfeatures: Lighting, Private Entry, Fenced
  • architecturalstyle: Other
  • rooms: Bedroom 15, Bathroom 4, Bathroom 18, Bedroom 6, Bedroom 2, Bedroom 9, Bathroom 7, Basement, Bathroom 13, Bathroom 1, Bedroom 13, Bathroom 16, Bathroom 14, Bedroom 3, Bathroom 12, Bedroom 5, Bathroom 8, Bedroom 12, Bathroom 6, Bathroom 17, Bedroom 8, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 7, Bathroom 5, Bathroom 15, Bedroom 14, Bedroom 16, Bathroom 11, Bathroom 19, Bedroom 10, Bedroom 11, Bathroom 9, Bathroom 10, Bathroom 3
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.11985, 42.3946
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jaynaimrealtor@gmail.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/ace2c971cb2111e394c122000b058362k-c557700407r.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600 ", "ListOfficeAddress2":"Suite 105b", "ListOfficeBrokerMlsId":"375382", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Multifamily, 3 Story, Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/13535-LA-Salle-Blvd_Detroit_MI_48238_M91714-41646?f=listhub&s=REALCOMPMI&m=20261088603&c=rexren", "MLSModificationTimestamp":"2026-11-04 13:33:26", "Neighborhoods":[{"Description":null, "Name":"Robert Oakmans Twelfth St"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":35746, "TaxDescription":"W LA SALLE 915-916 ROBERT OAKMANS TWELFTH ST SUB L34 P90 PLATS, W C R 10/135 76 X 110", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/4/2026 7:37:42 PM GMT
Source Updated Date: 11/5/2026 10:55:07 AM GMT

Courtesy of: Jay Naim, EXP Realty Main, jaynaimrealtor@gmail.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.