Chalmers Portfolio

14144 Corbett Street and 9441 Queen Street comprise a 42-unit, two-building multifamily portfolio totaling 31,324 in Detroit, Michigan. The portfolio is currently 92% occupied, providing immediate in-place cash flow while offering meaningful value-add potential through lease-up, interior renovations, and operational enhancements.

The property consists of 13 two-bedroom units and 29 one-bedroom units, offering investors the opportunity to increase rental income through continued unit renovations, improved management, and strategic capital improvements. Located near the heavily traveled Woodward Avenue corridor and just north of Interstate 94, the portfolio benefits from convenient access to major employment centers, shopping, and neighborhood amenities, including East English Village, Morningside, and Grosse Pointe.

Positioned within minutes of Gratiot Avenue and Interstates 94 and 75, the property offers excellent regional connectivity throughout Detroit and the surrounding metropolitan area. Public transportation is readily available via DDOT and SMART bus routes along nearby Gratiot Avenue, including FAST service with convenient connections to the QLINE, providing direct access to Midtown and Downtown Detroit.

The surrounding submarket continues to demonstrate strong fundamentals for workforce housing. Within a three-mile radius, approximately 46% of households are renter-occupied, while 56% consist of one- and two-person households, supporting sustained demand for one- and two-bedroom apartment homes.

With stable in-place occupancy, proven rental demand, and significant opportunities to enhance operations and increase revenues, 14144 Corbett Street and 9441 Queen Street represent an attractive value-add multifamily investment in one of Detroit’s established residential submarkets.