19143 Berg Road

Detroit, MI 48219

$1,760,000
Last Sold Price
56
Beds
39,816 Sq. Ft.
$44 / Sq. Ft.
39,816
Sq. Ft.
$44
per Sq. Ft.
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Sold 4/7/25
Sold 4/7/25

Description

Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! Call for Offers for Monday July 1st at 3 pm. Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance....Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! Call for Offers for Monday July 1st at 3 pm. Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000. The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric. Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.
  1. Listed by Dmitriy Selektor • Brokerage DRE #6505375382 • EXP Realty Main
    P: (248)-496-4080 C: (248)-496-4080 d-selektor@usa.net

Property Details for 19143 Berg Road

Subdivision Name
MORE THAN ONE LEGAL INVOLVED
Architectural Style
Common Entry Building
Waterfront
No
Zoning Description
Commercial, Multi Family
Senior Community
No
LISTING CLOSED: 04/07/2025 02:36 PM

Property Details for 19143 Berg Road

StatusSold
MLS #20240042177
Days on Market78
Taxes$34,207 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1963
Lot Size1.26 AC / 54,885 SF
CountyWayne County
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Location

Listing Courtesy of EXP Realty Main

Sold By EXP Realty Main

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Building Information for 19143 Berg Road

Stories-Residences40Year Built1963Building Size-Lot Size1.26 AC / 54,885 SF

Payment Calculator

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$11,796 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,946

Property Taxes

$2,851

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 19143 Berg Road

Summary
Location and General Information
  • Directions: North of 7 Mile
  • Latitude: 42.42981
  • Longitude: -83.26801
  • Cross Street: 7 Mile and Berg
  • MLS Area Major: Area05032Det6To8Grnfld To Limits
Taxes and HOA
  • Parcel Number: W22I119370S001
  • Tax Amount Summer: $30,488.00
  • Tax Amount Winter: $3,719.00
  • Tax Annual Amount: $34,207.00
  • Tax Assessed Value: $394,729.00
  • Tax Legal Description: W BERG N 191.2 FT OF THE S 418.9 FT OF E 1/2 OF S W 1/4 SEC 4 T 1 S R 10 E LYG W OF & ADJ BERG RD N OF & ADJ SEVEN MILE RD & E OF & ADJ RIVER ROUGE 22/--- 1.50 AC
  • Tax Other Annual Assessment Amount: $100.00
School Information
  • High School District: Detroit
Parking
  • Parking Total: 40.0
  • Attached Garage: No
  • Parking Features: Parking Lot, Paved
Property
Lot Information
  • Lot Size Acres: 1.26
  • Lot Size Area: 1.26
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Road Frontage Feet: 241
  • Road Frontage Type: Paved
Property and Assessments
  • State Equalized Value: 776300.0
  • Living Area: 39816.0
  • Above Grade Finished Area: 39816.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1963
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Roof: Asphalt, Rubber
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 40.8
  • Basement: Common, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 40
  • Bathrooms Half: 8
  • Bathrooms Total Integer: 48
  • Cooling: Window Units
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Baseboard, Natural Gas, Steam
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Fencing: Fenced
Multi Family
Multi Family Information
  • Number of Units Leased: 35
  • Number of Units Total: 40
Income & Expenses
  • Gross Scheduled Income: $324,000.00
  • Net Operating Income: $227,000.00
  • Operating Expense: $97,000.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $30,500.00
  • Existing Lease: Yes
  • Pets Allowed: Call
  • Rent Includes: Maintenance On Site, Sewer, Snow Removal, Water, Yard Maintenance
  • Rent Spree: No

Property History for 19143 Berg Road

DateEvent & SourcePriceAppreciation
Apr 7, 2025

Sold

Realcomp #20240042177

—
Apr 7, 2025

Contract Signed

Realcomp #20240042177

—
Mar 21, 2025

Sold (Public Record)

Public Record #1557132798

$1,760,000—
DateEvent & SourcePrice
04/07/2025

Sold

Realcomp #20240042177

—
04/07/2025

Contract Signed

Realcomp #20240042177

—
03/21/2025

Sold (Public Record)

Public Record #1557132798

$1,760,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 19143 Berg Road

Taxable ValueLand-Additions-Total-
Tax Record2025$31,581 ($2,632 / month)
Home Facts
Total Finished SqFt39,816 SqFtAbove Grade Finished SqFt39,816 SqFtStories2Lot Size54,886 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated1963ZoningPDCountyWAYNEAPN22119370.001

Schools near 19143 Berg Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Bates Academy
Public - PK to 8
Wright Charles School
Public - PK to 8
Detroit International Academy For Young Women
Public - PK to 12
Rating
School
Distance
Foreign Language Immersion And Cultural Studies
PublicPK to 8

Bates Academy
PublicPK to 8

Wright Charles School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
19145 Berg Road, Detroit, MI 48219
$1,300,000
45
25,400
0.6
19164 Berg Road, Detroit, MI 48219
–
–
1,015
0.21
19152 Berg Road, Detroit, MI 48219
$18,050
3
1,015
–
19173 Berg Road, Detroit, MI 48219
–
–
–
–
0.4
19142 Berg Road, Detroit, MI 48219
$1,831
–
2,030
0.21

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty Main

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 08/03/2025 01:00 PM PST