Welcome to 18741 Schoolcraft, a six-unit multifamily property offering an attractive opportunity for investors seeking to expand their Detroit real estate portfolio. The building features a desirable unit mix consisting of four spacious one-bedroom apartments and two two-bedroom apartments, providing flexibility to appeal to a broad range of prospective tenants. Conveniently located on Detroit's West Side with easy access to major roadways, neighborhood amenities, shopping, dining, and transportation, this property offers strong potential for consistent rental income and long-term appreciation. Whether you're a seasoned investor or looking to grow your multifamily portfolio, 18741 Schoolcraft presents an excellent opportunity to acquire a well-positioned income-producing asset in the Detroit market. Don't miss the opportunity to add this six-unit multifamily property to your investment portfolio. Schedule your showing today and explore the possibilities!
Schoolcraft Southfield, located between Schoolcraft Rd and Southfield Fwy, is a residential and commercial Detroit neighborhood with freeway edges and broad arterial streets. The neighborhood’s character concentrates around the Schoolcraft Rd & Southfield Fwy interchange, where service plazas, auto shops, and fast-casual counters cluster under constant traffic. Housing reads as modest brick ranches and low-rise apartments set behind deep lawns and driveways. Rouge Park’s trails and open fields shape the outdoor rhythm nearby. The MotorCity Casino Hotel and the historic Baker’s Keyboard Lounge add nightlife and live-music gravity within a short drive. Daily errands orbit along Schoolcraft and nearby Grand River Ave corridors.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Six total bathrooms
Bedrooms
Six units (unit-level bedroom counts not provided)
Bathrooms
Six full bathrooms
Kitchen
No kitchen appliance details provided
Laundry & utility
Water included with lease
Heating & cooling
Natural gas heating
Forced air heating system
Exterior features
Brick exterior
Exterior balcony
Paved street access
Home design
Multi-family property
Two-story building
Built in 1957
Construction
Slab foundation
Utilities
Public water
Natural gas
Financial info
Total of 6 units
Net operating income approximately $37,300
Individual rents shown for some units (example: Unit 1 rent $700; Unit 2 rent $1,200)
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome to 18741 Schoolcraft, a six-unit multifamily property offering an attractive opportunity for investors seeking to expand their Detroit real estate portfolio. The building features a desirable unit mix consisting of four spacious one-bedroom apartments and two two-bedroom apartments, providing flexibility to appeal to a broad range of prospective tenants. Conveniently located on Detroit’s West Side with easy access to major roadways, neighborhood amenities, shopping, dining, and transportation, this property offers strong potential for consistent rental income and long-term appreciation. Whether you're a seasoned investor or looking to grow your multifamily portfolio, 18741 Schoolcraft presents an excellent opportunity to acquire a well-positioned income-producing asset in the Detroit market. Don't miss the opportunity to add this six-unit multifamily property to your investment portfolio. Schedule your showing today and explore the possibilities!
Greater Lansing AoR #60356093
Apr 16, 2025
Listing Removed
—
Apr 16, 2025
Listing Removed
—
Nov 21, 2024
Listed
$410,000
$95/sq ft
REALCOMP #20240087742
Apr 16, 2025
Listing Removed
—
Nov 21, 2024
Listed
$410,000
$95/sq ft
MiRealSource-MiMLS #60309538
Nov 20, 2024
Listing Removed
—
Nov 19, 2024
Listing Removed
—
May 21, 2024
Listed
$410,000
$95/sq ft
REALCOMP #20240034659
Nov 19, 2024
Listing Removed
—
May 21, 2024
Listed
$410,000
$95/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
47 ft.
Lot depth
100 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Wayne County
APN
220088834
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
—
Garage
—
Features
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Last updated by owner on May 21, 2024.
B4
General Business District
The B4 General Business District provides for business and commercial uses of a thoroughfare-oriented nature. In addition to these uses, other businesses, which may benefit by drawing part of their clientele from passing traffic are permitted. Additional uses, which may be successfully blended with permitted by-right uses, are conditional.
Permitted uses
Include but are not limited to:
Automotive sales
General retail
Restaurant
Hospital / medical center
Housing-Group
Housing-Senior
Housing-Student
Manufacturing
Mixed use building
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48223 2964
Average low and high temperatures (°F)
29
17
34
20
53
33
62
42
68
50
82
61
85
67
81
62
78
58
67
47
50
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 18741 Schoolcraft
There isn’t enough information to generate an accurate estimate at this time. Learn More