14800 E Vernor Hwy | Value-Add Multifamily - East Detroit / Grosse Pointe Park Border Rare value-add multifamily opportunity on the Vernor corridor, minutes from Grosse Pointe Park. Acquire at a Detroit basis while tapping the rent stability and demand of one of metro Detroit's most established affluent border communities. This 9 -unit brick building, originally built in 1925, anchors a hard corner at Vernor Hwy & Ashland St - strong visibility, high traffic counts, and the durable pre-war masonry construction that's costly to replicate today. The asset is mid-reposition under recent construction financing, giving investors a path to stabilized cash flow without starting cold. Why buyers should move: Detroit acquisition basis with Grosse Pointe Park demand spillover Hard-corner site on a major east-side thoroughfare (MLS Area 05066) units with significant rent upside to market on turnover In-place income today, value-add upside tomorrow FEMA Flood Zone X - outside the high-risk floodplain, lower insurance, cleaner financing Strong access to Mack Ave retail, Alter Rd, and downtown Detroit Detroit's east side is moving, and corridor-fronting multifamily this close to the Pointes doesn't last. Offering memorandum, rent roll, and financials available to qualified buyers on request.

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Listed by Daryl B Harris of Black Diamond Realty

 "Based on information submitted to Realcomp as of June 12, 2026 8:45 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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