Active
Sale
Multifamily

Blackstone Apartments

21124 Schoolcraft, Detroit, MI 48223

For Sale

$1,650,000

$84.62/SF$55,000/Unit

Total Units
30
Building Size
19,500 SF
Lot Size
0.415 ac
County
Wayne
DOM
54
Listed
08/26/2026
Updated
08/26/2026

Overview

Presenting a prime investment opportunity for multifamily and low-rise/garden investors in Detroit, MI. This 19,500 square foot, 30-unit property was built in 1968 and is zoned B4, offering significant potential for the savvy investor. The property's ideal location and established infrastructure make it a compelling addition to any investment portfolio. With its advantageous features and strong appeal to the rental market, this property represents a promising opportunity in the thriving Detroit area.

  • 30-unit multifamily apartment with an efficient one-bedroom unit mix.
  • On-site parking and spacious site with approximately 0.42 acres.
  • Immediate access to I-96 and Southfield Freeway (M-39), providing quick connectivity throughout Metro Detroit.
  • Approximately 20 minutes from Downtown Detroit and major employment centers.
  • Minutes from neighborhood shopping including Telecraft Shopping Center, Grand River Market Place, and Value Center.
  • Near Rouge Park and Eliza Howell Park, offering extensive green space, walking trails, and recreational amenities.

Additional Information

City
Detroit
County
Wayne
State
MI
Zip Code
48223
Latitude
42.386219
Longitude
-83.2483122
Zoning
B4
Zoning Desc.
General Business District
Total Units
30
Parcel APN
22009440-3
Listing ID
fe877e5a

Parcel & Location