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$199,000 for Sale

1561 webb, detroit, MI 48206

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Property Description
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 $950â??$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
General Information
Sale Price: $199,000
Price/SqFt: $23
Status: Active
MLS#: 733
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.36
Lot Dim: 153.00X102.00
Size: 8,648 sq.ft.
Acreage: 0.36 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes:  $3,828
Est. Winter Taxes:  $3,828


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Jennifer Aparicio-Zavalza of EXP Realty Main

This listing last updated: Fri, February 13, 2026 at 6:50:28 AM EST

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 1:09am
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Listings presented by:
Jennifer Aparicio-Zavalza
EXP Realty Main
Call: (313) 350-3731

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