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7430 Alaska
Detroit MI 48204 US

$425,000

Active Listing ID 11898263
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5,160 square feet
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8.00 Bath (8 Full)
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Lot: 0.10 Acres
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Other

$425,000

Active Listing ID 11898263
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7430 Alaska Exceptional opportunity to acquire a fully renovated 8-unit multifamily asset with immediate cash flow and additional value-add potential. Extensive capital improvements have significantly reduced future maintenance expenses, including renovated unit interiors, updated plumbing, 56 new windows, six new furnaces, six new water heaters, renovated common areas, and exterior improvements. Each unit features updated kitchens, bathrooms, flooring, doors, fixtures, and appliances, providing a turnkey investment with strong tenant appeal and the ability to attract and retain quality residents. Investors can further increase NOI by activating the currently unused basement space for coin-operated laundry and tenant storage, creating additional income streams with minimal capital investment. Located just two blocks from the Joe Louis Greenway and only 10-15 minutes from Downtown Detroit, Midtown, and major employers and retailers, the property benefits from a highly accessible location that supports long-term rental demand. With substantial recent renovations already completed and built-in upside through ancillary income opportunities, this asset offers an attractive combination of stabilized cash flow, reduced capital expenditure risk, and future revenue growth.

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Floor Covering: Vinyl
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 425000
  • unparsedaddress: 7430 Alaska
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48204
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 5160
  • livingareaunits: Square Feet
  • latitude: 42.355573
  • longitude: -83.143813
  • listagentfullname: Dennis Jakub
  • listagentemail: djakub@remax.net
  • listagentkey: 3yd-NYSMLS-236793
  • listagentmlsid: 236793
  • listagentpreferredphone: 248-505-2509
  • listagentofficephone: 3138008465
  • listofficekey: 3yd-NYSMLS-26110
  • listofficemlsid: 26110
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1926
  • listingcontractdate: 2026-07-28
  • countyorparish: Wayne
  • parcelnumber: 16023656.
  • constructionmaterials: Brick
  • flooring: Vinyl
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 7, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 8, Bathroom 6, Bathroom 3
  • securityfeatures: Security System
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.143814, 42.35557
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Connection - Detroit", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"djakub@remax.net", "ListBrokerageCity":"Detroit", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Connection - Detroit", "ListBrokeragePhone":"248-505-2509", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6001 Cass Avenue", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 6001 Cass Avenue", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"26110", "ListOfficeCity":"Detroit", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"48202", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Detroit, MI", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11898263/?channel=rexren", "MLSModificationTimestamp":"2026-08-05 02:55:32", "Neighborhoods":[{"Description":null, "Name":"Midwest"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15000, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/5/2026 4:54:28 AM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Dennis Jakub, RE/MAX Connection - Detroit, djakub@remax.net

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