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For sale
  • $1,650,000

    725 Whitmore Rd, Detroit, MI 48203

    72beds
    51,000sqft
    : 
    Multi Family
    Built in 1926
    -- sqft lot
    $28,000 Zestimate®
    $32/sqft
    $-- HOA

    What's special

    Newer egress windowsSolid brick buildingUpdated components already completed
    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.
    6 hours
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    79
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rashad Elabed 734-497-5558,

    JNA Real Estate 248-648-0484

    Source: Realcomp II,MLS#: 20261029484MLS Logo

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      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
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        Estimated market value

        $28,000

        $21,000 - $36,000

        $995/mo

        Price history

        DateEventPrice
        4/29/2026Listed for sale$1,650,000+16400%$32/sqft
        Source: Realcomp II #20261029484 Report a problem
        4/10/2020Sold$10,000-57.1%
        Source: Agent Provided Report a problem
        3/9/2020Price change$23,307-4.9%
        Source: Keller Williams Realty-Great Lakes #219002268 Report a problem
        2/10/2020Price change$24,500-1.6%
        Source: Keller Williams Realty-Great Lakes #219002268 Report a problem
        12/10/2019Price change$24,900-16.7%
        Source: Keller Williams Realty-Great Lakes #219002268 Report a problem
        1/14/2019Listed for sale$29,900+9866.7%$1/sqft
        Source: Keller Williams Realty-Great Lakes #219002268 Report a problem
        11/24/2010Sold$300-97.2%
        Source: Public Record Report a problem
        5/17/2010Sold$10,775-38.4%
        Source: Public Record Report a problem
        11/20/2009Sold$17,500-62%
        Source: Public Record Report a problem
        7/17/2009Sold$46,051+5.6%$1/sqft
        Source: Public Record Report a problem
        9/18/2008Sold$43,600-3.1%$1/sqft
        Source: MiRealSource #192978 Report a problem
        4/15/2008Sold$45,000-7.6%$1/sqft
        Source: Public Record Report a problem
        2/1/2008Sold$48,700$1/sqft
        Source: MiRealSource #192347 Report a problem

        Public tax history

        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: Palmer Park

          Getting around

          67 / 100
          Somewhat Walkable
          49 / 100
          Some Transit
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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