648 PRENTIS Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48201
Key Details
Property Type Commercial
Sub Type Apartments,Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 3,574 sqft
Price per Sqft $250
MLS Listing ID 20250012675
Bedrooms 4
Year Built 1905
Annual Tax Amount $3,284
Lot Size 4,356 Sqft
Property Sub-Type Apartments,Real Estate Only
Property Description
Nestled in the heart of Midtown Detroit, this fully occupied six-unit apartment building presents a rare investment opportunity in one of the city's most vibrant neighborhoods. Conveniently located near I-94, the Lodge Freeway, and Woodward Avenue, this historic property offers seamless access to all things Midtown, from cultural attractions to dining and entertainment.
The building features a mix of units, including one studio-style apartment and one loft-style apartment, two one-bedroom units and two spacious two-bedroom apartments—one with a private balcony. Upgrades include new countertops, flooring, and disposals in every unit, as well as individual furnaces, water heaters, and window A/C units, with central air in the loft apartment. Each unit is equipped with a dedicated load center with resettable breakers, and fiber optic cable and internet are installed in the building. The basement and loft units are not shown in photos, and their measurements are not provided.
The front porch has been completely rebuilt, and some windows have been replaced with Detroit Historical Society-approved designs. Inside, all original lathe and plaster have been converted to drywall, and the building is lead-based paint free certified. Emergency lighting, smoke, and carbon monoxide detectors are installed throughout. All plumbing has been replaced with copper and PVC.
The property also features a basement coin laundry, upper and lower shared deck spaces, and dedicated (owned) parking. It has received full inspection clearance from the City of Detroit and meets all city code requirements. With 100% occupancy and long-term tenants, this historic building has steady income potential, and current rents remain under market value, offering room for future growth.
***Showings require 24-hour notice. Pre-approval or proof of funds must be provided before confirmation. The listing agent and property manager will accompany all showings.***
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air,Space Heater
Exterior
Utilities Available Utility Smart Meter,220V Available,Carbon Monoxide Alarm(s),Smoke Alarm,Circuit Breakers
Roof Type Composition
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $100
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service