A rare Detroit value-add apartment offering at 725 Whitmore, Detroit, MI 48203: a solid brick building with 66 units and the scale buy-and-hold investors look for when they want meaningful income potential and operational leverage. With the right rehab plan, this property is positioned to gross over $75,000 per month in rent, giving you room to build a durable cash-flowing asset at a basis that reflects the work still needed.
The building totals 72 bedrooms and 66 bathrooms across approximately 48,000 sq ft, with a unit mix designed to serve broad rental demand: 48 one-bedroom units, 12 two-bedroom units, and 6 studios. Much of the heavy lifting has already started in key areas, including many newer egress windows and the replacement of many plumbing stacks, improvements that can help streamline the path from renovation to stabilized performance. The structure is there, the footprint is there, and the upside is there, this is a straightforward opportunity for an investor ready to bring a large building back to life.
Set on a 22,000 sq ft lot, the property provides ample site area to support a full-scale repositioning effort and long-term operation. The brick construction speaks to longevity, and the combination of updated components already completed plus remaining interior work creates a clear value-add narrative: you are buying it at a price that reflects the condition, then capturing the spread as units are improved and income rises.
Request details and schedule a showing to evaluate the unit mix, existing improvements, and the path to unlocking this 66-unit Detroit apartment’s rent potential.
For sale
$1,650,000
725 Whitmore Rd, Detroit, MI 48203
72beds
51,000sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$28,000 Zestimate®
$32/sqft
$-- HOA
What's special
Newer egress windowsSolid brick buildingUpdated components already completed
- 6 hours |
- 79 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Rashad Elabed 734-497-5558,
JNA Real Estate 248-648-0484
Source: Realcomp II,MLS#: 20261029484
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 72
- Bathrooms: 66
- Full bathrooms: 66
Heating
- Baseboard, Electric, Forced Air, Natural Gas
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 51,000 sqft
- Finished area above ground: 48,000
- Finished area below ground: 3,000
Property
Features
- Levels: Story 4 to 10
- Pool features: None
Lot
- Size: 0.5 Acres
- Dimensions: 140 x 160
Details
- Parcel number: W02I002580S000
- Zoning description: Commercial, MultiFamily, Multiple
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Common Entry Building,High Rise
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block, Brick Mortar
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $32/sqft
- Tax assessed value: $215,917
- Annual tax amount: $22,007
- Date on market: 4/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Estimated market value
$28,000
$21,000 - $36,000
$995/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $1,650,000+16400%$32/sqft |
Source: | ||
| 4/10/2020 | Sold | $10,000-57.1% |
Source: Agent Provided Report a problem | ||
| 3/9/2020 | Price change | $23,307-4.9% |
Source: Keller Williams Realty-Great Lakes #219002268 Report a problem | ||
| 2/10/2020 | Price change | $24,500-1.6% |
Source: Keller Williams Realty-Great Lakes #219002268 Report a problem | ||
| 12/10/2019 | Price change | $24,900-16.7% |
Source: Keller Williams Realty-Great Lakes #219002268 Report a problem | ||
| 1/14/2019 | Listed for sale | $29,900+9866.7%$1/sqft |
Source: Keller Williams Realty-Great Lakes #219002268 Report a problem | ||
| 11/24/2010 | Sold | $300-97.2% |
Source: Public Record Report a problem | ||
| 5/17/2010 | Sold | $10,775-38.4% |
Source: Public Record Report a problem | ||
| 11/20/2009 | Sold | $17,500-62% |
Source: Public Record Report a problem | ||
| 7/17/2009 | Sold | $46,051+5.6%$1/sqft |
Source: Public Record Report a problem | ||
| 9/18/2008 | Sold | $43,600-3.1%$1/sqft |
Source: | ||
| 4/15/2008 | Sold | $45,000-7.6%$1/sqft |
Source: Public Record Report a problem | ||
| 2/1/2008 | Sold | $48,700$1/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | $5,800 | -- |
| 2019 | $5,800 | -- |
| 2018 | $5,800 | -- |
| 2017 | -- | -- |
| 2016 | $100 | -- |
| 2015 | $100 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$11,025/mo
Principal & interest
$8509
Property taxes
$2516
More affordability tools
Climate risks
Neighborhood: Palmer Park
Nearby schools
GreatSchools rating
- 4/10Palmer Park Preparatory AcademyGrades: PK-8Distance: 1.5 mi
- 4/10Mumford High SchoolGrades: 9-12Distance: 2.5 mi
- 5/10Pasteur Elementary SchoolGrades: PK-6Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48203
- Palmer Park
- 725 Whitmore Rd