24620 West Seven Mile Road

New
New
IMG_2616.jpeg
IMG_2617.jpeg
Active
$450,000
16 beds7,683 sqft$59/sqft
24620 West Seven Mile Road, Detroit, MI 48219
Est: $4,626/moGet pre-approved
Multi FamilyProperty Type
0.25 acresLot Size
1962Year Built
$59/sq ftPrice per sq ft

Description

Investment opportunity — 8-unit multifamily in detroit! Add scale to your investment portfolio with this 8-unit apartment building located at 24620 W 7 Mile Rd in Detroit. This multifamily property offers an excellent opportunity for an investor looking to acquire multiple units under one roof with the potential for ongoing rental income and long-term appreciation. The building consists of eight 2-bedroom, 1-bath units. Whether you’re looking to expand an existing rental portfolio or make your move...Investment opportunity — 8-unit multifamily in detroit! Add scale to your investment portfolio with this 8-unit apartment building located at 24620 W 7 Mile Rd in Detroit. This multifamily property offers an excellent opportunity for an investor looking to acquire multiple units under one roof with the potential for ongoing rental income and long-term appreciation. The building consists of eight 2-bedroom, 1-bath units. Whether you’re looking to expand an existing rental portfolio or make your move into multifamily investing, this property offers the opportunity to build value. Conveniently located along the W Seven Mile corridor with access to major roadways, and surrounding Metro Detroit communities.
Days on Market Listed Today
  • Listed by: TaMia Hairston 248.298.9074 TaMiaRHairston@gmail.com Brokerage DRE #650543149702 • Real Broker, LLC Troy
  • Listed by: Andre Finley 313.300.9955 afinley.realestate@outlook.com Brokerage DRE #650543149702 • Real Broker, LLC Troy
Last updated: 08/31/2026 08:05 PM • Source: Realcomp, MLS#: 20261070024

Location

Listing Courtesy of Real Broker, LLC Troy
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$4,626 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,287

Property Taxes

$2,339

HOA Dues

$0

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Property Information for 24620 West Seven Mile Road

Property Details
  • Taxes: $28,063 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: Hitchmans Thomas Homecroft
  • Architectural Style: Other
  • Waterfront: No
  • Zoning Description: Multi-Family
  • Senior Community: No
Building Information
  • Residences: 8
  • Year Built: 1962
  • Lot Size: 0.25 AC / 10,890 SF
Summary
Location and General Information
  • Carrier Route: C051
  • Directions: grand river to 7 mile
  • Latitude: 42.429097
  • Longitude: -83.284434
  • Cross Street: grand river and 7 mile
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I016771S
  • Tax Amount Summer: $5,788.00
  • Tax Amount Winter: $22,275.00
  • Tax Annual Amount: $28,063.00
  • Tax Assessed Value: $90,454.00
  • Tax Legal Description: N SEVEN MILE S 160 FT OF LOTS 169 & 170EXC W 90 FT OF N 90 FT THEREOF THOMAS HITCHMANS HOMECRAFT SUB L31 P67 PLATS, WCR 22/369 119.08 IRREG
School Information
  • High School District: Detroit
Parking
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.25
  • Lot Size Dimensions: 119.08X92
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 201500.0
  • Living Area: 7683.0
  • Building Area Total: 7683.0
  • Above Grade Finished Area: 7683.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1962
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Sewer At Street
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Other
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 8.0
  • Basement: Common, Interior Entry, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 8
  • Bathrooms Total Integer: 8
  • Has Cooling: No
  • Fireplace: No
  • Heating: Natural Gas, Wall Furnace
  • Has Heating: Yes
  • UnitTwoBedNumberOf: 8
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 8
Income & Expenses
  • Gross Scheduled Income: $96,000.00
  • Net Operating Income: $96,000.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $8,000.00
  • Existing Lease: Yes
  • Pets Allowed: Call

Property History for 24620 West Seven Mile Road

DateEvent & SourcePriceAppreciation
Aug 31, 2026

Listed (Active)

MiRealSource #61026244

$450,000—
Aug 31, 2026

Listed (Active)

Realcomp #20261070024

$450,000—
Apr 10, 2017

Temporarily Off Market

MiRealSource #21280337

$9,900—
DateEvent & SourcePrice
08/31/2026

Listed (Active)

MiRealSource #61026244

$450,000
08/31/2026

Listed (Active)

Realcomp #20261070024

$450,000
04/10/2017

Temporarily Off Market

MiRealSource #21280337

$9,900

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

Public Records for 24620 West Seven Mile Road

Taxable ValueLand-Additions-Total-
Tax Record2025$5,788 ($482 / month)
Home Facts
Total Finished SqFt7,683 SqFtAbove Grade Finished SqFt7,683 SqFtStories2Lot Size10,890 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1962ZoningPDCountyWAYNEAPN22016771.

Schools near 24620 West Seven Mile 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.

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More information about 24620 West Seven Mile Road, Detroit, MI 48219

24620 West Seven Mile Road is a multi-family home for sale in Detroit, MI 48219. This property was listed for sale on August 31, 2026 by Real Broker, LLC Troy, it's currently listed at $450,000. This listing's school district is Detroit Public Schools Community District. Nearby schools include Foreign Language Immersion And Cultural Studies, Bates Academy and Wright Charles School. 24620 West Seven Mile Road is a 16-bed, 8-bath, 7,683 sqft multi-family home built in 1962.

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 Real Broker, LLC Troy

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