7430 Alaska, Detroit, MI 48204

bathrooms 8
|Other
NZD $711,794
USD $399,000
Published on: 01 Aug 2026
Last updated on: 31 Oct 2026
7430 Alaska, Detroit, MI 48204
7430 Alaska, Detroit, MI 48204
7430 Alaska, Detroit, MI 48204
+24
7430 Alaska, Detroit, MI 48204
  • 24
Property ID: 110109620430
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Business Opportunity, Detroit, MI

7430 Alaska, Detroit, MI 48204
Exceptional opportunity to acquire a fully renovated 8-unit multifamily asset with immediate cash flow and additional value-add potential. Extensive capital improvements have significantly reduced future maintenance expenses, including renovated unit interiors, updated plumbing, 56 new windows, six new furnaces, six new water heaters, renovated common areas, and exterior improvements. Each unit features updated kitchens, bathrooms, flooring, doors, fixtures, and appliances, providing a turnkey investment with strong tenant appeal and the ability to attract and retain quality residents. Investors can further increase NOI by activating the currently unused basement space for coin-operated laundry and tenant storage, creating additional income streams with minimal capital investment. Located just two blocks from the Joe Louis Greenway and only 10-15 minutes from Downtown Detroit, Midtown, and major employers and retailers, the property benefits from a highly accessible location that supports long-term rental demand. With substantial recent renovations already completed and built-in upside through ancillary income opportunities, this asset offers an attractive combination of stabilized cash flow, reduced capital expenditure risk, and future revenue growth.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
404.69 m2
Building Size
479.38 m2
Year Built
1926
Rooms
8 bathroom(s)
Num Floors
2
County
Wayne
Parcel ID
16023656.
Provider
My State MLS
Subdivision
Midwest
Brokerage Office Name
RE/MAX Connection - Detroit
Brokerage Office Phone
248-505-2509
Neighbourhoods
Midwest
Address
7430 Alaska, Detroit, MI 48204
Contact Agent
Dennis Jakub
RE/MAX Connection - Detroit
6001 Cass Avenue, Detroit, MI 48202
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Dennis Jakub
6001 Cass Avenue, Detroit, MI 48202
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      Property ID: 110109620430

      Original Property ID: 3yd-NYSMLS-11898263
      Data provided by My State MLS, MLS #: 11898263
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