# 18055 Schoenherr Street, Detroit, MI 48205

> **TL;DR:** residential multi family, $2,999,999 ($92/sqft), built 1929, 32,604 sqft. Est. $13,000/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,999,999 |
| Price/sqft | $92 |
| Square Feet | 32,604 |
| Year Built | 1929 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 14 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,000 |
| **Total** | **$13,000** |

## Property Highlights

- Built in 1929
- 0.17 acre lot

## Description

### Agent Description
**Detroit Multifamily Portfolio - Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire portfolio rather than continue managing the project remotely. This package presents investors and developers with a unique opportunity to complete a large-scale multifamily redevelopment project with substantial upside potential. The portfolio includes: - **14299 Fordham Street** - Fully renovated and occupied. Currently operating as a single-room rental property featuring 62 rentable beds with rents ranging from **$450 to $595 per month per bed**. - **14296 Glenwood Street** - 20-unit apartment building approximately 50% rehabilitated. Rough electrical and plumbing work have been completed and approved. - **18036 Schoenherr Street** - 30-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. - **18055 Schoenherr Street** - 20-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. - **18029 Schoenherr Street** - 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. - **10820 Schoolcraft Road** - 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. The vacant properties have been cleaned out and secured, providing a strong foundation for investors looking to complete renovations and maximize long-term cash flow. With a combination of existing income and significant value-add potential, this portfolio offers a rare opportunity to acquire scale in one transaction. Proof of funds required prior to any showings. Please drive by the properties prior to requesting showings.

## Location

- **Address:** 18055 Schoenherr Street, Detroit, MI 48205
- **County:** Wayne
- **Neighborhood:** Trombley Park
- **Coordinates:** 42.428551, -82.985222
- **Google Maps:** https://www.google.com/maps?q=42.428551,-82.985222

## Listing Agent

- **Name:** John Goci
- **Brokerage:** EXP Realty Main
- **Phone:** (888) 501-7085
- **Email:** jg@johngoci.com

## Primary Photo

![18055 Schoenherr Street - Primary Photo](http://lh.rdcpix.com/cd2429384527d02a930dd537a41dfe04l-f230176535r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/18055-schoenherr-street-detroit-mi-48205-61044166)*

---

**MLS#:** 20261044166 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/18055-schoenherr-street-detroit-mi-48205-61044166)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "18055 Schoenherr Street, Detroit, MI 48205",
  "description": "**Detroit Multifamily Portfolio - Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire portfolio rather than continue managing the project remotely. This package presents investors and developers",
  "url": "https://www.propertysimple.com/listing/18055-schoenherr-street-detroit-mi-48205-61044166",
  "image": "http://lh.rdcpix.com/cd2429384527d02a930dd537a41dfe04l-f230176535r.jpg",
  "datePosted": "2026-06-25",
  "price": 2999999,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "18055 Schoenherr Street",
    "addressLocality": "Detroit",
    "addressRegion": "MI",
    "postalCode": "48205",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 42.428551,
    "longitude": -82.985222
  },
  "numberOfFullBathrooms": 60,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 32604,
    "unitCode": "FTK"
  },
  "yearBuilt": 1929
}
```