For Sale54d on marketHistoric · 99 yrs
13205 La Salle Blvd
Detroit, MI, 48238 • Dexter-Linwood • Wayne County
$1,250,000
$117/sqft
16Beds
19Baths
10,686Sqft
0.2 acLot
1927Built
Property DNA
Character Home
Built 1927 · 99 years of history
Oakmans Robt Indiandale
Dexter-Linwood
This home is getting attention
Listed 54 days ago · 455 views · 24 saves
Market activity
Demand and pricing signals for this listing
455 views
People checking out this listing
24 saves
Buyers have saved this home
54 days on market
Established listing
$117/sqft
Price per square foot
About this home
Multi Family · Built 1927 · Historic
Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit’s most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.
Standout features identified
Our analysis highlights modern lighting, brick construction, and updated vinyl windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$8,153/month
Principal & Interest$6,486
Property Tax$1,250
Insurance$417
Down payment20% ($250,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1927
HeatingBoiler
Parking0 spaces
Days on Zillow54 Days
Price/sqft$117
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1927
Stories2
Systems
HeatingBoiler
Water / SewerPublic / Public Sanitary
Parking & Outdoor
Lot8,712 sqft
Location & Tax
NeighborhoodDexter-Linwood
Annual tax$7,378
Parcel10008805.
Bathrooms & Fees
Full baths19
Features & details
2 categories of property features
Interior Features
Heating
Boiler
Exterior Features
Gas
Natural Gas
Listing insights
Market data and value estimates
StatusFor Sale
Days on market54
Est. value$1,150,400
Est. rent$1,022/mo
Tax rate1.83%
Price/sqft$117
On marketFeb 12, 2026
PostedFeb 12, 2026
MLS updatedFeb 17, 2026
Tour days9
Views455
Favorites24
How are the schools in Detroit?
2 schools rated nearby
Location
Detroit, MI, 48238
Price history
1 event
DateEventPrice$/sqftSource
Feb 12, 2026Listed For Sale$1,250,000$117MiRealSource
Listed For Sale$1,250,000
Feb 12, 2026•$117/sqft•MiRealSource
Nearby homes
Neighborhood details
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
BagleyBarton-McFarlandBrightmoorClaytownFranklin ParkHerman GardensMorningsideSouthwest DetroitSpringwellsWarrendale
Nearby cities
CantonDearbornDearborn HeightsDetroitLincoln ParkLivoniaNorthvilleRedford
Nearby zip codes
48205482124821948221482244822748228482344823548239
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