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Field Apartments Listing Details & Market Data

615 Field St, Detroit, MI 48214

  • For Sale $1,900,000 ($50,000/Unit)
  • Property Type Multi-Family
  • Property Size 26,000 SF
  • Lot Size 0.41 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1925
  • Date Updated Sep 20, 2022

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Location

  • Walk Score ® Somewhat Walkable (58)
  • Transit Score ® Some Transit (49)
  • Bike Score ® Very Bikeable (81)
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  • City Detroit, MI
  • Neighborhood Butzel - Indian Village
  • Zip Code 48214
  • Market Detroit

Points of Interest

Greektown

2.32 miles

Renaissance Center

2.37 miles

Millender Center

2.45 miles

Cadillac Center

2.52 miles

Broadway

2.57 miles

Campus Martius

2.62 miles

Congress Street

2.62 miles

Grand Circus Park

2.65 miles

Adelaide Street

2.72 miles

Sproat Street

2.75 miles

BP

1.68 miles

Speedway

2.14 miles

Citgo

2.42 miles

Bedrock John R 1

2.64 miles

Bedrock Kahn Garage

3.11 miles

Wayne State University - Parking Structure #8

3.17 miles

Wayne State University - Parking Structure #6

3.33 miles

Bedrock Corktown

3.73 miles

Wayne State University - Parking Structure #5

3.74 miles

Marathon

3.79 miles

Detroit Riverwalk Parking

1.99 miles

Beaubien Place Garage

2.32 miles

Ford Underground Parking

2.56 miles

VA Blue Parking Deck

2.94 miles

Detroit Public Safety Headquarters Visitor Parking

3.14 miles

Howard Lot A

3.34 miles

WSU Lot 54

3.43 miles

Parking Structure 5

3.76 miles

HAP Lot A

4.28 miles

Parking Structure

7.84 miles

Slices

2.63 miles

Subway

2.78 miles

Detroit Made Market

2.84 miles

Captain Jay's Fish & Chicken

3.09 miles

Royale with Cheese

3.17 miles

Campus Diner

3.52 miles

White Castle

3.80 miles

Supino Pizza

3.90 miles

Domino's

5.20 miles

Prince Pizza chicken & Ribs

5.91 miles

University of Detroit Mercy Law School

2.18 miles

Grand Valley State University Detroit Center

2.53 miles

WSU Applebaum College of Pharmacy and Health Sciences

2.80 miles

WSU School of Medicine

2.87 miles

Blanche Kelso Bruce Academy

3.14 miles

Wayne County Community College Eastern Campus

3.16 miles

University Tower

3.19 miles

Wayne County Community College Downtown Campus

3.26 miles

College for Creative Studies

3.27 miles

Physics and Astronomy Building

3.48 miles

Sha-Sha's Kiddy Korner

1.18 miles

Matrix Headstart

2.49 miles

Midtown KinderCare

2.66 miles

Kingdom Care Learning Center

3.51 miles

Henry Ford Kids Child Care Center

4.60 miles

Growing Minds Learning Center

4.63 miles

Vista's Nuevas Headstart Gasper Fiore Center

5.00 miles

New Life Head Start

5.28 miles

Fleming Early Learning Neighborhood Center

5.59 miles

The Clifton Daycare and Development Center

6.10 miles

Contacts

broker

Richard Deptula

Friedman Real Estate

(248) 324-2000

Highlights

  • Value-Add Multi-Family comprised of 38 units
  • Unit mix (33) one-bedroom units, (2) two-bedroom units, (3) studio units
  • Located in Detroit’s Islandview neighborhood
  • Walk to Belle Isle, East Riverfront, and Jefferson Avenue shopping
  • Separately metered gas and electric
  • Secure, gated parking
  • Positioned within in a Federal Opportunity Zone
  • High-occupancy submarket
  • Significant opportunity to increase resident base and drive up monthly revenue
  • Close proximity to the Detroit CBD employment centers and Metro area linkages
  • Sale asking price $1,900,000 ($50,000/Unit)

Attachments

Contact Listing Broker

broker

Richard Deptula

Friedman Real Estate

(248) 324-2000

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