- For Sale $1,672,501
- Property Type Multi-Family
- Property Size 10,588 SF
- Units 13
- Lot Size 0.63 Acre
- Year Built 1977
- Date Updated May 21, 2026
Description
Garden City is a family-friendly suburb of Detroit, known for its close-knit community and accessible local amenities. With its parks, schools, and shopping centers, it offers a small-town atmosphere while being just a short drive from the urban conveniences of downtown Detroit.Multifamily Investment Opportunity in Garden City, MI. Located at 30468-30546 Krauter Avenue, features a fully occupied 13-unit complex covering 10,588 sq. ft. on a 0.63-acre lot, offered at $1,672,501 with a 7.00% cap rate. Ideal for investors seeking solid returns in well-established residential area with strong community ties and easy access to Detroit’s amenities.
Highlights
- 100% Occupied
- 13-Unit
- NOI: $117,075.09 | 7.00% CAP Rate
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Contacts
Simon Jonna
Colliers Birmingham (MI) - Jonna Group
Location
Contact Listing Broker
Simon Jonna
Colliers Birmingham (MI) - Jonna Group