8616 2nd Ave

For Sale

8616 2nd Ave, Detroit, MI 48202

This Detroit property for sale is located at 8616 2nd Ave. The current listed sale price for 8616 2nd Ave is $395,000. 8616 2nd Ave is situated on a lot that is 0.29 acre in size.

Contacts

Eric Reed

Encore Real Estate Investment Services

Property Details

  • Property Type Multi-Family
  • Property Size 9,337 SF
  • Units 15
  • Lot Size 0.29 Acre
  • Year Built 1925
  • Date Updated May 28, 2026
Discover the vibrant potential of Detroit's 2nd Ave neighborhood, where historic charm meets modern opportunity. The area is renowned for its cultural richness, with the Detroit Institute of Arts and the Motown Museum beckoning enthusiasts from around the world. Nearby Wayne State University and the Henry Ford Hospital contribute to a robust local economy and a steady rental demand. The area is also dotted with charming cafes, trendy eateries, and boutique shops, offering residents an urban lifestyle full of convenience and excitement. With a rich cultural tapestry and a diverse range of amenities, the location presents an attractive opportunity for a Multifamily / High-Rise investment.Explore the potential of this exceptional Multifamily/Mid-Rise investment opportunity in Detroit. The property boasts a 9,337 SF building, housing 15 units, and exudes timeless charm with its 1925 construction. Zoned B4, it offers enticing development prospects in an area ripe for growth and rejuvenation. With a prime location in Detroit, this property presents an ideal canvas for a savvy investor to capitalize on the city's resurgence. The well-maintained structure and its prime positioning make this offering a compelling choice for those seeking a lucrative addition to their real estate portfolio.
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Getting around

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  • 51/100

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  • 72/100

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Location

  • City Detroit, MI
  • Neighborhood Middle Woodward
  • Zip Code 48202
  • Market Detroit

Points of Interest

  • Grand Boulevard

    0.67 miles

  • Baltimore Street

    0.82 miles

  • Detroit

    0.87 miles

  • Amsterdam Street

    1.00 miles

  • Ferry Street

    1.39 miles

  • Warren Avenue

    1.65 miles

  • Canfield Street

    2.05 miles

  • Mack Avenue

    2.47 miles

  • Martin Luther King Junior Boulevard

    2.48 miles

  • Checker Cab #977

    2.56 miles

  • Citgo

    0.22 miles

  • Mobil

    0.23 miles

  • Marathon

    0.34 miles

  • Sunoco

    0.87 miles

  • Detroit Pistons Performance Center

    1.04 miles

  • BP

    1.11 miles

  • Wayne State University - Parking Structure #5

    1.46 miles

  • Wayne State University - Parking Structure #6

    1.65 miles

  • Wayne State University - Lot #50

    1.73 miles

  • Wayne State University - Parking Structure #8

    1.94 miles

  • New Center Garage

    0.56 miles

  • HFHS Staff Garge

    0.60 miles

  • Fisher Building Garage

    0.61 miles

  • New Center Place Garage

    0.63 miles

  • Lot 12

    0.64 miles

  • HFHS Patient Employee Garage

    0.66 miles

  • Cass Avenue Garage

    0.74 miles

  • HFHS Employee Parking

    0.75 miles

  • F Lot

    0.75 miles

  • HFHS Guest Parking

    0.77 miles

  • Hotel St. Regis

    0.66 miles

  • Paris Hotel

    0.76 miles

  • The Inn on Ferry Street

    1.43 miles

  • Pinkinn Motel

    1.67 miles

  • Rio Grand Motel

    1.68 miles

  • Veteran's Park Hotel

    1.70 miles

  • Town Motel

    1.82 miles

  • Hamtramck Hotel & Hostel

    1.89 miles

  • El Moore

    2.19 miles

  • King's Arms Hotel

    2.47 miles

  • Detroit People's Food Co-op

    0.25 miles

  • King Cole Foods

    0.32 miles

  • Family Foods Superstore

    0.92 miles

  • University Foods

    1.80 miles

  • Food Pride Super Market

    1.81 miles

  • Fresh Valley Market

    1.95 miles

  • Save-A-Lot

    2.07 miles

  • Al-Haramain International Foods

    2.08 miles

  • Food Farm Super Market

    2.09 miles

  • Bismillah Grocery

    2.15 miles

Contact Listing Broker
Eric Reed

Encore Real Estate Investment Services

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