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Jenn Smart

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725 Whitmore , Detroit, MI 48203
$1,650,000
Est. Payment: $8,598.38/mo
0 Bed
66 Bath
48000 Sqft
Status: active | Days on site: 70
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Rashad Elabed , 734-497-5558 JNA Real Estate , 248-648-0484. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.5

Year Built

1926

County

Wayne

Area

Detroit (82001)

School District

Detroit City School District

Listing ID

60988004

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:66
  • Full Bathrooms:66
Above Ground Sq Ft:48000
Basement:Block,Partially Finished
Other:
  • Additional:Cable/Internet Avail.
Water:Public Water

Exterior Features

Lot Dimensions:140x160
Principal Interest
$8,598
Taxes
$1,834

Home Price

$1,650,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$330,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,598.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,598.38 $1,833.92 $0.00 $10,432.30
Yearly $103,180.55 $22,007.00 $0.00 $125,187.55
Total $3,095,416.62 $660,210.00 $0.00 $3,755,626.62
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T01:10:54.300Z

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