$1,000,000

15523 Mack Avenue, Detroit, MI 48224

  • 20 baths |
  • 9,866 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Investment Opportunity – Mixed-Use Building Prime mixed-use investment opportunity featuring 20 total units, including 18 residential units (4 studios, 12 one-bedrooms, 2 two-bedrooms) and 2 commercial spaces. All residential units include 1 bathroom, offering a strong and versatile rental mix. Positioned directly across from Grosse Pointe, this property offers the advantage of Grosse Pointe proximity with Detroit pricing, making it highly attractive for both residential tenants and commercial users seeking strong surrounding demographics and foot traffic. The building is thoughtfully configured: Garden/Basement Level: 2 one-bedroom units, 2 commercial units. First & Second Floors: Each floor features a mix of studios, one-bedroom, and two-bedroom units with efficient layouts ranging approximately 435–599 sq ft, plus shared common areas. Second floor mirrors the first. Walkable to everyday conveniences including Aldi, Dollar Tree, Huntington Bank, public transportation, and nearby restaurants and retail. Just a 5-minute drive to Beaumont Hospital, Trader Joe's, and Starbucks. Quick access to Chick-fil-A and Chipotle Mexican Grill along Mack Ave, and approximately 15 minutes to Little Caesars Arena and Downtown Detroit. Development Advantage: Architectural drawings approved – shovel ready for development Additional Highlights: No known special assessments No known encroachments On-street parking with rear alley access Investment & Value-Add Potential: Property presents strong upside with the ability to stabilize rents and maximize income. May qualify for multiple incentive programs, including: Brownfield TIF, OPRA, PILOT programs, SBA financing (commercial), Potential 4% LIHTC (Low-Income Housing Tax Credit) eligibility. Seller may be open to Land Contract terms. Excellent opportunity for investors seeking a value-add mixed-use asset in a high-demand, high-visibility corridor with long-term growth potential. BATVAI

Listing Status:
Active
Date Added:
April 7, 2026
Data Last Updated:
April 17, 2026 at 7:45AM
Listing Office:
Golden Key Realty Group LLC : 248-422-6962
Listing Agent:
D'Asia Taylor : 313-290-3716
MLS ID:
60981603
  • Basement: Exterior Entry
  • Heating: RadiantSteam
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N MACK E 0.14 FT ON S LINE BG E 0.10 FT ON N LINE OF 7 LYG N & ADJ MACK AVE 120 FT WD8 THRU 10 & S 1/2 OF VAC ALLEY ADJ EXC MACK AVE AS WD TO 120 FT NOTTINGHAM SUB L38 P26 PLATS W C R 21/465 4&5 & S 1/2 OF VAC ALLEY ADJ EXC MACK AVE AS WD TO 120 FT MEININGER SUB L46 P47 PLATS W C R 21/270 100.14 X 82.64A
  • Water: Public
  • Source: MiRealSource

This listing courtesy of D'Asia Taylor , Golden Key Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

J E Clark Preparatory Academy

15755 Bremen St, Detroit, MI, 48224

Grades PK-8

0.38 miles away

J

J E Clark Preparatory Academy

15755 Bremen St, Detroit, MI, 48224

Grades PK-8

0.38 miles away

G

Golightly Career and Technical Center

900 Dickerson St, Detroit, MI, 48215

Grades 9-12

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.