Pending
Sale Pending at 12564 Pinehurst St, Detroit, MI 48204 | MLS# 5050220846 | Listing updated on 2026-09-10
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$580,000

Monthly Est:$2,887

  • Beds Icon10 Beds
  • Beds Icon
    12 Baths
  • Beds Icon2,881sqft

12564 Pinehurst St, Detroit, MI 48204

$2,887/moEst:

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  • Multi Family

  • Built in 1927

  • $-- HOA

  • 4,356 sqft lot

  • $201/sq.ft

Description

Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700"“$750 per unit. Land contract terms are available with a $50,000 down payment.

  • Houzeo last checked: 2 hours ago
  • Listing updated: September 10, 2026 at 2:04 pm
  • Listing Provided by: Keelie Thomas | Elite Real Estate Professionals, Inc. (810) 715-5486
  • Source: Realcomp MLS-MI | MLS#: 5050220846 Realcomp MLS-MI
  • Originating MLS: East Central Association of REALTORS

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    Grand River I96

  • Year Built

    1927

  • HOA Fees

    -

  • Finished Area

    2,881 sqft

  • Lot Size

    4,356 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    5050220846

  • MLS Status

    Pending

  • Days on Market

    59

  • Cumulative Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 10

    Bathrooms: 12

Interior

  • Sewer

    Public Sewer

  • Heating

    Electric, Forced Air, Separate Meters

Construction

  • Year Built

    Year Built: 1927

  • Home type

    Multi Family

  • Construction Materials

    Brick

  • Architectural Style

    Morethan2stories, Apartment

  • Foundation Details

    Basement

Utilities & Energy

  • Water Source

    Public

Other Features

  • Disclosures

    Taxes Not Homestead Exempt

  • Subdivision Name

    Moore & Veale Sub

Price History

DateEventPrice

09/10/2026

Source: mls_logoRealcomp MLS-MI #5050220846

Pending

$580,000

$201/sqft

09/04/2026

Source: mls_logoMiRealSource MLS-MI #50220846

Listed for Sale

$580,000

$201/sqft

Grand River-I96 Ranks #59 in Detroit, MI

Homes for sale
40

Homes

Rental prices
$1,295

Rental Prices

Median Home Price
$144.45K

Median Home Price

Grand River-I96, Detroit, MI neighborhood guide

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 02, 2026, 02:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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