$990,000

19199 Lahser 1 Detroit, MI 48219

$10,000
Closing credit¹
6.9 acres
Multi-Family

Property details

About 19199 Lahser 1

Calling All Investors - Cash-flowing 18-unit apartment building (with seven 2-bedroom units) located at 19199 Lahser Rd, Detroit, MI 48219;This brick 2-story 15,776 SF 18-unit multifamily building situated on a 18,774 SF site, has 18 separate folio numbers having the ability to be sold as a condo, is currently 100% occupied with stable tenants and an on-site property manager. Most units have been renovated over the past 2 years, therefore, new owner will not have any maintenance to take on. Building has a full basement for storage and washer & dryer for tenants. Roof, Electrical, HVAC were all updated. Parking lot in front and back of building to accommodate 20+ cars.Building is located in a rapidly growing part of West Detroit, this property surrounded by

Highlights

Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
BasementYes
Lot size6.89 Acres
Year built1960
MLS #81025021048

Summary

  • Basement: Yes
  • Heating: Natural Gas, Radiant
  • List Price: $990,000
  • Directions: map
  • Year Built: 1960
  • Lot Size: 6.89 Acres
  • MLS Number: 81025021048
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: BELE Realty Inc
  • Office Phone: (248) 422-1804
  • Listing Agent: Daniel Richardson

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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 6/3/2025, 11:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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19199 Lahser 1, Detroit, MI 48219 - view of building exterior

$990,000

19199 Lahser 1

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

1

Old Redford Academy Elementary School

Public Charter PK-4

1.0 mi

17195 Redford St

1

Beech Elementary School

Public District 2-5

1.9 mi

19990 Beech Daly Rd

3

Distinctive College Preparatory

Public Charter KG-5

2.1 mi

17175 Olympia

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,327. The most common annual income of people living in Detroit, MI is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

47%
<35k
41%
35k-100k
7%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
18%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

This home is located at 19199 Lahser 1 in Detroit, MI and zip code 48219 in the Old Redford neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 11, 2025 and is currently priced at $990,000.

In May 2025, from all listings sold in Detroit, MI there were more than 85 sold above asking price, over 169 sold below and more than 74 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 12.1% between April and May 2025. Listings spent 48 days on the market in May 2025, and had a median list price of $90,022 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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