Sold
Last Sold Price
16 beds1,459 sqft$69/sqft
7440-7438 Southfield Road, Detroit, MI 48228
Multi FamilyProperty Type
3,920 sq ftLot Size
1968Year Built
$69/sq ftPrice per sq ft
14 carsParking Spaces

Description

Exceptional investment opportunity featuring an 8-unit apartment portfolio consisting of four duplex buildings located at 7438-7440 Southfield, 7444-7446 Southfield, 7452-7454 Southfield, and 7460-7464 Southfield. This fully occupied complex offers immediate cash flow with strong upside potential for the next owner. Well-positioned for investors seeking a stabilized asset with room to increase rents, improve operations, or enhance long-term value. Each duplex offers solid rental demand and a desirable...Exceptional investment opportunity featuring an 8-unit apartment portfolio consisting of four duplex buildings located at 7438-7440 Southfield, 7444-7446 Southfield, 7452-7454 Southfield, and 7460-7464 Southfield. This fully occupied complex offers immediate cash flow with strong upside potential for the next owner. Well-positioned for investors seeking a stabilized asset with room to increase rents, improve operations, or enhance long-term value. Each duplex offers solid rental demand and a desirable multi-building layout that helps diversify tenancy. Whether you're expanding your portfolio or entering the multifamily market, this income-producing property is ready for its next buyer. Rare opportunity to acquire 8 units in one package with endless potential.
  • Listed by: Moe Kassem 248.847.8067 Moe.kassem@exprealty.com Brokerage DRE #6505375382 • EXP Realty Main
  • Listed by: Al Abdallah 313.254.5556 al.abdallah@exprealty.com Brokerage DRE #6505375382 • EXP Realty Main
Listing closed: 06/29/2026 12:00 AM • Source: Realcomp, MLS#: 20261028133

Location

Listing Courtesy of EXP Realty Main

Sold By EXP Realty Main

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Payment Calculator

$773 per month

30 year fixed, 6.55% Interest

Principal and Interest

$508

Property Taxes

$265

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7440-7438 Southfield Road

Property Details
  • Taxes: $3,180 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: West Haven 1
  • Architectural Style: Duplex
  • Waterfront: No
  • Zoning Description: Residential
  • Senior Community: No
Building Information
  • Residences: 8
  • Year Built: 1968
  • Lot Size: 0.09 AC / 3,920 SF
Summary
Location and General Information
  • Directions: E of Southfield Rd and N of W Warren Ave
  • Latitude: 42.34681
  • Longitude: -83.21571
  • Cross Street: Southfield Rd and W Warren Ave
  • MLS Area Major: Detroit (82001)
  • Direction Faces: East
Taxes and HOA
  • Parcel Number: W22I072797S
  • Tax Amount Summer: $1,914.00
  • Tax Amount Winter: $1,266.00
  • Tax Annual Amount: $3,180.00
  • Tax Assessed Value: $29,800.00
  • Tax Legal Description: E SOUTHFIELD E 96.71 FT ON S LINE BG E 96.73 FT ON N LINE OF 382 WESTHAVEN SUB NO 1 L43 P37 PLATS, W C R 22/251 40.01 X 96.72A
School Information
  • High School District: Detroit
Parking
  • Parking Total: 14.0
  • Attached Garage: No
  • Garage: No
  • Parking Features: Parking Lot
Property
Lot Information
  • Frontage Length: 40.0
  • Lot Size Acres: 0.09
  • Lot Size Dimensions: 40X97
  • Lot Size Units: Acres
  • Road Frontage Feet: 40
  • Road Frontage Type: Alley, Gravel, Paved
  • Road Surface Type: Gravel, Paved
Property and Assessments
  • State Equalized Value: 29800.0
  • Living Area: 1459.0
  • Building Area Total: 1459.0
  • Above Grade Finished Area: 1459.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1968
Building Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Levels: One
  • Roof: Asphalt
  • Stories Total: 1
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 8.0
  • Appliances: Gas Water Heater
  • Has Basement: No
  • Bathrooms Full: 8
  • Bathrooms Total Integer: 8
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
  • UnitTwoBedNumberOf: 8
Exterior Features
  • Fencing: Fenced
Multi Family
Multi Family Information
  • Number of Units Leased: 8
  • Number of Units Total: 8
Income & Expenses
  • Gross Scheduled Income: $75,900.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Unit 3
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Unit 4
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
Unit 5
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Unit 6
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Unit 7
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Unit 8
  • Total Bathrooms: 1
  • Sq Ft: 730.0
  • Type: Two Bedroom
  • Total Units: 8.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $6,325.00
  • Existing Lease: No
  • Pets Allowed: Yes

Property History for 7440-7438 Southfield Road

DateEvent & SourcePriceAppreciation
Jun 29, 2026

Sold

MiRealSource #60987019

$99,975
Jun 29, 2026

Sold

Realcomp #20261028133

$99,975
May 7, 2026

Contract Signed

MiRealSource #60987019

DateEvent & SourcePrice
06/29/2026

Sold

MiRealSource #60987019

$99,975
06/29/2026

Sold

Realcomp #20261028133

$99,975
05/07/2026

Contract Signed

MiRealSource #60987019

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

Schools near 7440-7438 Southfield Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Gardner Elementary School
PublicPK to 5

Bates Academy
PublicPK to 8

Henderson Academy
PublicPK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7440-7438 Southfield Road, Detroit, MI 48228
$99,975
16
1,459
3,920
$70,000
1
1,459
3,920
$2,000
1,263
4,792
$70,000
1
1,462
3,920
$72,000
1.5
1,506
3,920
$72,000
1
1,456
3,920

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 07/07/2026 03:45 AM PST