Apartment Buildings in Detroit | Reonomy

Apartment Buildings in Detroit

Unlock property data on 1,738 apartment buildings in Detroit. Search through Detroit property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Detroit commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in apartment buildings.

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Detroit apartment building sold prices and values

Values and sold prices (last 24 months) United States Michigan Detroit
Average price/sqft -- -- --
Average sold price $2,122,474 $663,643 $197,716
Median sold price $154,972 $57,640 $3,362
Number of sales 198,388 1,526 323
Number of sales over $250k 79,338 495 69
Number of sales over $1m 31,507 109 14
Number of sales over $10m 6,959 15 --
Average total tax amount $23,112 $15,522 $7,933
Average assessed value $1,139,668 $389,984 $155,543
Average market value $1,491,290 $780,024 $311,086

Detroit apartment building property averages

Property averages United States Michigan Detroit
Average lot size 162,585 sf 1,805,933 sf 24,846 sf
Median lot size 7,938 sf 21,844 sf 6,970 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1955 1967 1948
Average number of units 21 38 41
Median number of units 4 12 26

Detroit apartment building total supply

Supply United States Michigan Detroit
Number of parcels 1,694,982 13,040 1,738
Aggregate lot acerage 7,920,212 963,280 829
Aggregate building area -- -- --
Aggregate units 20,277,360 192,598 26,730

Detroit apartment building industrial mortgages

Debt United States Michigan Detroit
Number of mortgages 4,296,299 19,615 1,784
Average value of mortgages $2,587,356 $7,068,719 $2,071,570

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