Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time.
Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy.
Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
For sale
$900,000
19131 Lahser Rd, Detroit, MI 48219
28beds
15,106sqft
Multi Family
Built in 1963
-- sqft lot
$849,200 Zestimate®
$60/sqft
$-- HOA
What's special
- 57 days
- 431
- 48
Zillow last checked:
Listing updated:
Listed by:
Katie Wheeler 313-627-1819,
Match Realty 313-482-7432,
Kyrah Willis 202-436-2387,
Match Realty
Source: Realcomp II,MLS#: 20261050178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Forced Air, Natural Gas
Features
- Basement: Private Storage Locker,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 15,106 sqft
- Finished area above ground: 15,106
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.35 Acres
- Dimensions: 122 x 135
Details
- Parcel number: W22I113657S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: MORE THAN ONE LEGAL INVOLVED
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $481,600
- Annual tax amount: $41,576
- Date on market: 7/2/2026
- Cumulative days on market: 57 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$849,200
$807,000 - $892,000
$764/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $900,000+24.1%$60/sqft |
Source: | ||
| 4/3/2026 | Price change | $650-7.1% |
Source: Zillow Rentals Report a problem | ||
| 2/27/2026 | Price change | $700-2.8% |
Source: Zillow Rentals Report a problem | ||
| 2/14/2026 | Listed for rent | $720 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2023 | Sold | $725,000$48/sqft |
Source: | ||
| 8/3/2023 | Pending sale | $725,000$48/sqft |
Source: | ||
| 6/22/2023 | Price change | $725,000-9.4%$48/sqft |
Source: | ||
| 4/24/2023 | Listed for sale | $800,000$53/sqft |
Source: | ||
| 4/12/2023 | Pending sale | $800,000$53/sqft |
Source: | ||
| 4/7/2023 | Price change | $800,000-9.1%$53/sqft |
Source: | ||
| 3/4/2023 | Listed for sale | $880,000$58/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment


