38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 2000
Stories: 4
Living Area: 32,896 SqFt
Listing Office:
Office Name: Own It Realty
Office Phone: (313) 395-0000
Listing Agent: Hassan Shukr
Interior Features
Interior Information:
Basement: Yes
Interior: Elevator/Lift, Fire Sprinkler
Bedroom and Bathroom Information:
Full Bathrooms: 38
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Playground, Fenced
Parking Information:
Parking: Off Site, On Street, Paved
Lot Features
Lot Information:
Lot Size: 0.65 Acres
Utilities
Utilities Information:
Heating: Electric, Natural Gas, Baseboard
Cooling: Window Unit(s)
Other
Directions Information:
Directions: NORTH SIDE OF ML KING JR. BLVD, EAST OF 2ND ST
Price Information
Listing Price Info
Price Summary:
List Price: $3,199,000
Price Per SqFt: $97/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $3.1M more than the Median Sold Price and $26/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #2220012343
Listing Office:
Office Name: Own It Realty
Office Phone: (313) 395-0000
Listing Agent: Hassan Shukr
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.36 miles
Public Charter Grades KG-5
4
/10
University Preparatory Academy (Psad) Elementary School
435 Amsterdam St
Distance between this listing and this school1.52 miles
Public Charter Grades KG-5
4
/10
University Preparatory Science and Math - Elementa
2251 Antietam Ave
Distance between this listing and this school1.69 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
University Preparatory Science and Math (PSAD) Middle School
5100 John R St
Distance between this listing and this school1.00 miles
Public Charter Grades 6-8
5
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school1.22 miles
Public Charter Grades KG-8
4
/10
University Preparatory Academy (Psad) - Middle School
5310 Saint Antoine St
Distance between this listing and this school1.26 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school1.34 miles
Public Charter Grades 9-12
2
/10
Detroit Public Safety Academy
1250 Rosa Parks Blvd
Distance between this listing and this school1.38 miles
Public Charter Grades 9-12
6
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.41 miles
The neighbors living near this home have an average income of $15,833. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
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This home is located at 644 Martin Luther King Jr Blvd in Detroit, MI and zip code 48201 in the Downtown neighborhood. This 32,896 square foot home, which was built in 2000, sits on a 0.65 acre lot. Features: 38 bathrooms. It has been listed on Rocket Homes since November 18, 2021 and is currently priced at $3,199,000.
In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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