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Sold on 07/01/2025
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18108 Outer Dr, Dearborn, MI 48128

  • $475,000

    Last sold 07/01/2025 after 4 Days

  • 5

    bed

  • 7

    bath

  • 4,109

    Sqft ($116/Sqft)

Multi-family not for sale
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About 18108 Outer Dr

Property type Multi-family
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 6,970 Sqft
Property description
Excellent investment opportunity in Dearborn. Brick 7 unit Apt Building in good condition & fully occupied. Building includes 1 - 2 Bedroom, 3 - 1 Bedroom, and 3 - Studio / Efficiency. See documents for the last 5 years of financials. Annual gross income could be higher. This building is fully occupied. Owner is asking for
Listed by
Listing Agent - Paul Szostek
Listing Agent Contact: 3132741700
Listing Office - Century 21 Curran & Oberski
Source: Realcomp mls logo
MLS#20251007004 • last updated 11 months ago
Movoto checked Realcomp for data 6 minutes ago
Overview
Heating HotWater, NaturalGas
Levels/Style Two, Other
Status Closed
SubType Multi Family
Living Area 4109
MLS # 20251007004
Lot Size (Acres) 0.16
Property Tax 10019
Interior
Total # of Bathrooms 7
# of Full Baths 7
Exterior
Construction Brick
Foundation Basement, Block
Roof Asphalt
Amenities / Utilities
Pool None
Location
Subdivision WARREN DEARBORN
High School District Dearborn
APN 320916201014
Directions South Of Ford Rd & West Side Of Outer Drive
Zoning Multi-Family, Residential
Multifamily Details
Rent Includes Electricity, Heat, Water
# Efficiency Units 3
# Units Leased 7
Gross Scheduled Income 58800
Operating Expense 25129
Net Operating Income 33671
Monthly Rental Income 4900
Lot/ Land Details
Road Frontage Paved
  • Jul 2025
    mls logo MLS # 20251007004
  • Jul 3, 2025 Sold
    $475,000
  • Jul 3, 2025 Pending
    —
  • Jun 27, 2025 Listed
    $475,000
  • 18108 Outer Dr
    $475K
  • Howard Park
    $489K +34% y/y
  • 48128
    $314K -10% y/y
  • Dearborn
    $275K -8% y/y
No chart available
Statistics calculated by Movoto

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8/10
Howard Elementary School
public Grades PK, K-5
Dearborn City School District
7/10
Bryant Middle School
public Grades 6-8
Dearborn City School District
6/10
Dearborn High School
public Grades 9-12
Dearborn City School District
Source: GreatSchools.org © 2026. All rights reserved.

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