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$199,000
New Listing
1561 Webb StreetDetroit City, MI 48206
For Sale|Commercial Sale|Coming Soon
0
Beds
0
Total Baths
8,648
SqFt
$23
/SqFt
1916
Built
Subdivision:
ROBERT OAKMANS HAMILTON BLVD SUB
County:
Wayne
Call Now: 888-825-1420
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888-825-1420



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8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential. Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan. Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
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Listing Snapshot
Price
$199,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
8,648 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.36 Acres
Year Built
1916
MLS® Number
20261008320
Status
Coming Soon
Property Tax
$7,656
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 hours ago | Listing first seen on site | |
| 7 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.36
Additional Property Use
Multi-Family
Cross Street
Southfield - Grand River
Foundation
Block
Parking
Parking Lot
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
8648
SqFt Total
8648
Water Source
Public
Zoning
Commercial, MultiFamily
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Exterior Features
Construction Details
Brick
Roof
Shingle
Community Features
Financing Terms Available
CashConventional1031 ExchangeTrade
MLS Area
Area05043DetLivernoisI756GdRiver
Roads
Paved
School District
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXP Realty Main: [email protected]
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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