Dexter & Ewald

13700 Dexter Ave. & 1991 Ewald Cir., Detroit, MI 48238

Global Real Estate Advisors are pleased to present the exclusive offering of Dexter & Ewald Apartments in Detroit, MI. Located in the nation’s Motor City, the properties are a collection of 16 units originally constructed between 1948 & 1949 and renovated in 2021/2022. This provides a buyer with value-add potential through rent raises, a few light unit upgrades and implementing a RUBS program on the property.   

Since acquiring the building in 2020, the owner has spent $160,000 on capital improvements. These include new cameras, security doors, unit upgrades, new appliances, common area and HVAC updates, including 5 new furnaces in the 13700 Dexter building. Significant plumbing repairs have been made to reduce the ongoing utility expense for the new owner by 35%. 

Eight of the 16 units have been substantially updated. For these units, rents have been increased from $500 to as high as $975. There is a significant opportunity for a new owner to either increase existing rents on unimproved units and / or invest another $50,000 -$60,000 in the unit updates in the unimproved units and significantly increase the rents by as much as 22% across the portfolio.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Nick Kirby

(248) 394-0000 x 255

broker

Elmer Peysakhov

GREA

(248) 394-0000 x 256

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Durfee
  • Zip Code 48238
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.22 miles

  • Grand Boulevard

    3.37 miles

  • Baltimore Street

    3.49 miles

  • Detroit

    3.52 miles

  • Amsterdam Street

    3.65 miles

  • Ferry Street

    3.98 miles

  • Warren Avenue

    4.22 miles

  • Canfield Street

    4.57 miles

  • Checker Cab #977

    4.89 miles

  • Mack Avenue

    4.95 miles

  • Shamrock

    0.26 miles

  • Clark

    0.26 miles

  • BP

    0.45 miles

  • Citgo

    0.47 miles

  • Gulf

    0.47 miles

  • Mobil

    0.49 miles

  • Citgo

    0.54 miles

  • Exxon

    0.56 miles

  • Sunoco

    0.60 miles

  • Valero

    0.66 miles

  • Student / Vistor Parking Lot D

    1.29 miles

  • Student / Vistor Parking Lot B

    1.32 miles

  • Faculty / Visitor Parking Lot C

    1.35 miles

  • Vistor Parking Lot B

    1.37 miles

  • Faculty / Staff Parking Lot E

    1.37 miles

  • Student Parking Lot I

    1.46 miles

  • Faculty / Staff Parking Lot A

    1.46 miles

  • Student Parking Lot H

    1.49 miles

  • Faculty / Staff Parking Lot H

    1.50 miles

  • Student / Vistor Parking Lot F

    1.58 miles

  • Fontaine Motel

    2.37 miles

  • Town Motel

    2.73 miles

  • Rio Grand Motel

    2.74 miles

  • Hotel St. Regis

    3.33 miles

  • Pinkinn Motel

    3.44 miles

  • Hamtramck Hotel & Hostel

    3.65 miles

  • The Inn on Ferry Street

    4.05 miles

  • Veteran's Park Hotel

    4.06 miles

  • Baymont by Wyndham Ferndale/Royal Oak

    4.19 miles

  • El Moore

    4.56 miles

  • Checkers

    0.38 miles

  • Popeyes

    0.38 miles

  • Taco Bell

    0.38 miles

  • Wendy's

    0.42 miles

  • KFC

    0.51 miles

  • McDonald's

    0.52 miles

  • L.A. Coney Island

    0.54 miles

  • Legends Grill

    0.56 miles

  • Grandy's Coney Island Restaurant

    0.83 miles

  • Church's Chicken

    1.25 miles

  • Stewart Elementary-Middle School

    0.43 miles

  • Paul Robeson Academy (former)

    0.49 miles

  • Joy Preparatory Academy

    0.63 miles

  • West Side Alternative High School

    0.69 miles

  • New Paradigm Glazer Academy

    0.91 miles

  • Thurgood Marshall Elementary School

    0.91 miles

  • Hope Academy

    0.97 miles

  • Flagship Charter Academy

    1.30 miles

  • Keidan Special Education Center

    1.34 miles

  • Louisiana Homes School

    1.35 miles

  • Sunnybrook Day Nursery

    1.42 miles

  • Angel Land Child & Parent Center

    2.12 miles

  • Henry Ford Kids Child Care Center

    2.75 miles

  • Hampton Church Child Care Center

    3.22 miles

  • Kingdom Care Learning Center

    3.83 miles

  • Allen Baptist Childcare & Development Center

    4.09 miles

  • Nature's Playhouse

    4.14 miles

  • Green Garden Child Development Center

    4.24 miles

  • Academy of Detroit-West

    4.26 miles

  • Creative Learning Children's College

    4.80 miles

Frequently Asked Questions

What is the total square footage of Dexter & Ewald?

Dexter & Ewald totals 12,000 square feet.

When was this property built?

Dexter & Ewald was built in 1948.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Dexter & Ewald