Brick Quadplex Redevelopment Opportunity in Detroit’s Nardin Park

This brick quadplex investment opportunity in the city of Detroit represents a rare chance for experienced investors, developers, and visionary buyers to acquire a multi-unit property in a well-established neighborhood with long-term upside potential. Located in Detroit’s Nardin Park neighborhood and zoned R2, this property offers the scale, structure, and location needed to support a meaningful redevelopment project that can contribute both to an investor’s portfolio and to the continued revitalization of the surrounding community.

The property is a solid brick quadplex, a building type that has long been valued in Detroit for its durability, classic architectural presence, and ability to support multiple income streams under one roof. While the building requires a full rehabilitation, it provides a strong canvas for redevelopment, allowing the next owner to reimagine the space from the inside out while preserving the inherent strength and character of its masonry construction.


A True Value-Add Project for Serious Investors

This is not a cosmetic fixer or light renovation—it is a full rehab opportunity, making it ideal for buyers who are prepared to take on a comprehensive redevelopment project. For the right investor or development team, this property presents the ability to redesign unit layouts, modernize systems, improve energy efficiency, and ultimately reposition the asset for long-term rental stability or strategic resale.

Quadplex properties are particularly attractive because they balance scale and manageability. With four units under one roof, owners can benefit from:

  • Multiple income streams

  • More efficient management compared to scattered single-family rentals

  • Strong demand for multi-family housing in urban neighborhoods

  • The ability to spread operating costs across several units

Once renovated, this quadplex has the potential to become a reliable income-producing asset in a market where quality rental housing continues to be in demand.


Nardin Park: A Neighborhood With Established Identity

Situated in the Nardin Park neighborhood, the property benefits from being in an area known for its residential character and proximity to key Detroit amenities. Nardin Park is recognized for its classic housing stock, community presence, and access to major roads, employment centers, and local services. These neighborhood fundamentals are important for long-term tenant demand and investment stability.

Detroit’s continued focus on neighborhood revitalization, infrastructure improvement, and housing redevelopment has made areas like Nardin Park increasingly attractive to investors who are willing to renovate and reposition properties thoughtfully. A fully rehabbed quadplex in this location can appeal to renters seeking solid construction, updated interiors, and access to city conveniences.


Zoning and Development Flexibility

The property is zoned R2, which supports residential use and aligns well with its current quadplex configuration. This zoning provides clarity and confidence for redevelopment as a multi-unit residential property. Buyers should conduct their own due diligence regarding zoning compliance, permitted uses, and any redevelopment plans, but the existing configuration and zoning make this an appropriate candidate for residential reinvestment.


DLBA Requirements and Structured Acquisition Process

This property is being offered through the Detroit Land Bank Authority (DLBA), which means buyers must follow a structured and transparent acquisition process. As part of submitting an offer, buyers are required to submit a formal proposal to purchase, which must include:

  • Detailed rehabilitation plans, outlining the scope of work, timeline, and intended outcomes

  • A financing plan, supported by either Proof of Funds or a Pre-Approval Letter for a new construction loan

This process ensures that the selected purchaser has the financial capacity and development experience necessary to complete the rehabilitation and return the property to productive use. While this adds an extra layer of preparation, it also helps ensure that projects move forward successfully and contribute positively to the neighborhood.


Tax Capture Considerations

An important component of this opportunity is the DLBA tax capture provision. The DLBA is entitled to a tax capture for the five tax years following the transfer of ownership. This means that a portion of property tax revenue during that period may be captured by the DLBA rather than fully benefiting the property owner.

It is also important to note that:

  • The DLBA tax capture may be incompatible with certain tax abatements that might otherwise be available

  • The DLBA will review requests to waive its tax capture rights on a case-by-case basis

  • In some situations, the DLBA may require a payment in lieu of taxes (PILOT) to approve such a waiver

  • Any required payment will be determined after reviewing the development pro forma and assessing how tax abatements impact the project’s financing

These considerations make it essential for buyers to carefully model their financial projections and understand how tax capture may affect cash flow during the initial years of ownership. Experienced developers often view this as a manageable aspect of the project when balanced against acquisition price and long-term value creation.


“As-Is” Sale and Due Diligence

The property is being sold BATVAI (Buyer’s Agent to Verify All Information), emphasizing the importance of thorough due diligence. Buyers should independently verify all property details, conditions, zoning, and redevelopment requirements. The as-is nature of the sale reinforces that the buyer is responsible for all repairs, improvements, and compliance with applicable regulations.

For seasoned investors, this level of responsibility is expected and often welcomed, as it allows full control over design, materials, and construction quality.


Redevelopment Vision and Long-Term Upside

With a full rehabilitation, this brick quadplex has the potential to be transformed into modern, functional residential units that meet today’s renter expectations while retaining the durability of classic Detroit construction. Potential redevelopment outcomes may include:

  • Updated unit layouts with modern kitchens and bathrooms

  • New mechanical, electrical, and plumbing systems

  • Improved insulation and energy efficiency

  • Enhanced curb appeal and common areas

  • Strong rental positioning within the neighborhood

As Detroit continues to evolve, renovated multi-family properties play a critical role in supporting housing demand and neighborhood stability. A thoughtfully executed redevelopment can result in long-term rental income, appreciation, and portfolio growth.


Ideal Buyer Profile

This opportunity is best suited for:

  • Experienced real estate investors

  • Multi-family developers

  • Construction professionals with redevelopment expertise

  • Buyers comfortable with structured acquisition processes

  • Investors seeking long-term value rather than quick cosmetic flips

Those who understand Detroit’s redevelopment landscape and are prepared to meet DLBA requirements will find this property to be a compelling addition to their investment strategy.


Conclusion

This brick quadplex in Detroit’s Nardin Park neighborhood represents a serious redevelopment opportunity with meaningful long-term potential. While it requires a full rehabilitation and adherence to DLBA acquisition and tax capture requirements, it offers the scale, structure, and location that many investors seek but rarely find at this level.

For buyers with a clear vision, solid financing, and a commitment to quality redevelopment, this property provides the chance to transform a distressed asset into a productive, income-generating multi-family residence—while contributing to the ongoing revitalization of Detroit’s neighborhoods.

Listed on Zillow

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