Residential > Multi-family
Active
04/08/2025
List Price
$1,000,000$87/ft²
4470 Outer Dr
Detroit, MI 48234
- -Bed
- 18Baths
- 11,439ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1956Year Built
- 81DOM
- -Permit
4470 Outer Dr, Detroit, MI 48234 is a 18 bath, 11,439 ft² multi-family home house built in 1956 on a 0.300 acre lot. This multi-family home is currently listed for $1,000,000, and it was last sold in 2022 for $875,000.
MLS Description
The listing agent's description. Original Listing
Welcome to 4470 E Outer Dr, a renovated 2-story, 2-building garden style 18-unit brick apartment building. All units are 1-bed, 1-bath situated on a 13,068 sq ft site with great curb appeal. With 8 agency tenants and 10 cash tenants, this building comes fully occupied and stabilized with room yet to increase rents significantly without large capital expenditures. Two newer boilers have been installed, the roof is newer, and the windows are newer and vinyl as well. There is also a parking lot with plenty of parking for tenants. Overall, an ideal opportunity to both cash flow now and value add through a simpler business plan of raising rents in already quality units. Offering memorandum, rent roll and P&L are available upon request.
Listing Agents
The listing agent for 4470 Outer Dr is Joseph Hammel.
JH
Joseph Hammel
Keller Williams Somerset
Phone: (248) 649-7200
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$29,899.86From latest Total Assessed Value8.72%Total Assessed Value$342,700=Land+
Assessed Value$0Additions
Assessed Value$0
In 2023, taxes billed for 4470 Outer Dr were $29,899.86, which is 8.72% from latest Total Assessed Value of $342,700.
Property History
4470 Outer Dr has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 4470 Outer Dr
Hazard Risks
Wind228Hail158Tornado112Nat'l Avg100Ozone91Air Pollution91Carb Mono82Particulates75Weather73Lead59Earthquake20Hurricane16
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 4470 Outer Dr.
Walkability Index
13 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
4470 Outer Dr has a walkability score of 13 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
21°F
High
34°F
Summer
Average
Low
61°F
High
81°F
In the winter at 4470 Outer Dr, temperatures range from 20.62°F to 33.83°F with an average of 27.23°F. In the summer, the temperature ranges from 61.48°F to 81.13°F with and average of 71.31°F.
School Information
Public/private schools serving 4470 Outer Dr
Public Schools
Marion Law Academy
Grades: PK-8
0.29 mi
D-
Osborn High School
Grades: 9-12
1.21 mi
D-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 4470 Outer Dr have ratings undefined, and undefined.
Neighborhood
This property is located in Nortown, Detroit, MI 48234.
Seasonal Housing units 48234
1%of housing is for seasonal rent.
Daytime Population for 48234
-20%of people during work hours.
Crime Index for 48234
134
134
The crime index in 48234 is 134, which is 1.3 times higher than national average.
Market Trends
Historical market data near 4470 Outer Dr over selected time period.
Nearby Properties on Outer Dr
- 5861 E Outer Dr, Detroit, MI 48234 (Mt. Olivet) is a 1,838 square foot, 2.25 bathroom, 0.14 acre property. It was built in 1932 and has an estimate of $100,943 with a price per ft² of $55.
- 5017 W Outer Dr, Detroit, MI 48235 (Schulze) is a 1,763 square foot, 2.25 bathroom, 0.14 acre property. It was built in 1946 and has an estimate of $111,188 with a price per ft² of $63.
- 12151 E Outer Dr, Detroit, MI 48224 (East English Village) is a 1,442 square foot, 2.25 bathroom, 0.11 acre property. It was built in 1935 and has an estimate of $109,060 with a price per ft² of $76.
- 5647 E Outer Dr, Detroit, MI 48234 (Mt. Olivet) is a 1,121 square foot, 1 bathroom, 0.16 acre property. It was built in 1947 and has an estimate of $50,806 with a price per ft² of $45.
- 8456 W Outer Dr, Detroit, MI 48219 (Evergreen / Outer Drive) is a 1,266 square foot, 1 bathroom, 0.1 acre property. It was built in 1949 and has an estimate of $72,618 with a price per ft² of $57.
- 11360 W Outer Dr, Detroit, MI 48223 (Brightmoor) is a 672 square foot, 1 bathroom, 0.1 acre property.
- 9213 E Outer Dr, Detroit, MI 48213 (Eden Gardens) is a 2,226 square foot, 2 bathroom, 0.14 acre property. It was built in 1942 and has an estimate of $74,214 with a price per ft² of $33.
- 11918 W Outer Dr, Detroit, MI 48223 (Brightmoor) is a 749 square foot, 1 bathroom, 0.1 acre property. It was built in 1942 and has an estimate of $61,685 with a price per ft² of $82.
- 4242 E Outer Dr, Detroit, MI 48234 (Nortown) is a 1,133 square foot, 1 bathroom, 0.16 acre property. It was built in 1951 and has an estimate of $68,325 with a price per ft² of $60.
- 12262 E Outer Dr, Detroit, MI 48224 (Morningside) is a 1,871 square foot, 2.25 bathroom, 0.17 acre property. It was built in 1936 and has an estimate of $79,800 with a price per ft² of $43.
- 3756 W Outer Dr, Detroit, MI 48221 (Oakgrove) is a 1,507 square foot, 2.25 bathroom, 0.21 acre property. It was built in 1954 and has an estimate of $103,474 with a price per ft² of $69.
- 8441 W Outer Dr, Detroit, MI 48219 (Evergreen / Outer Drive) is a 1,269 square foot, 1 bathroom, 0.1 acre property. It was built in 1947 and has an estimate of $90,972 with a price per ft² of $72.
- 1637 E Outer Dr, Detroit, MI 48234 (Butler) is a 1,680 square foot, 2.25 bathroom, 0.1 acre property. It was built in 1927 and has an estimate of $72,270 with a price per ft² of $43.
- 3104 W Outer Dr, Detroit, MI 48221 (Oakgrove) is a 2,145 square foot, 2.25 bathroom, 0.31 acre property. It was built in 1947 and has an estimate of $79,160 with a price per ft² of $37.
- 13900 W Outer Dr, Detroit, MI 48239 (West Outer Drive) is a 991 square foot, 1 bathroom, 0.1 acre property. It was built in 1951 and has an estimate of $92,021 with a price per ft² of $93.
- 4161 E Outer Dr, Detroit, MI 48234 (Sherwood) is a 1,548 square foot, 2.25 bathroom, 0.12 acre property. It was built in 1949 and has an estimate of $51,090 with a price per ft² of $33.
- 8868 W Outer Dr, Detroit, MI 48219 (Evergreen / Outer Drive) is a 1,582 square foot, 2 bathroom, 0.1 acre property. It was built in 1950 and has an estimate of $110,544 with a price per ft² of $70.
- 11137 E Outer Dr, Detroit, MI 48224 (Morningside) is a 1,137 square foot, 2.25 bathroom, 0.11 acre property. It was built in 1940 and has an estimate of $56,924 with a price per ft² of $50.
- 9549 E Outer Dr, Detroit, MI 48213 (Outer Drive / Hayes) is a 904 square foot, 1 bathroom, 0.14 acre property. It was built in 1949 and has an estimate of $78,110 with a price per ft² of $86.
- 9376 E Outer Dr, Detroit, MI 48213 (Outer Drive / Hayes) is a 1,664 square foot, 2.25 bathroom, 0.14 acre property.
- 6283 W Outer Dr, Detroit, MI 48235 (Winship) is a 1,031 square foot, 2.25 bathroom, 0.12 acre property. It was built in 1947 and has an estimate of $95,228 with a price per ft² of $92.
- 4900 W Outer Dr, Detroit, MI 48235 (Greenwich) is a 1,933 square foot, 2.25 bathroom, 0.33 acre property. It was built in 1942 and has an estimate of $92,380 with a price per ft² of $48.
- 1888 E Outer Dr # 55, Detroit, MI 48234 (Pershing) is a 868 square foot, 1 bathroom, 0.01 acre property. It was built in 1947 and has an estimate of $33,124 with a price per ft² of $38.
- 7051 W Outer Dr, Detroit, MI 48235 (College Park) is a 1,242 square foot, 2.25 bathroom, 0.11 acre property. It was built in 1951 and has an estimate of $98,648 with a price per ft² of $79.
- 1676 E Outer Dr # 10, Detroit, MI 48234 (Pershing) is a 868 square foot, 1 bathroom, 0.01 acre property. It was built in 1947 and has an estimate of $33,124 with a price per ft² of $38.
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