8,648 sqft

$140,000

1561 Webb Street, Detroit MI, 48206 1397

Price per sqft$16.19

Property size8,648 sqft

Property typeCommercial

Overview

Active

Listed Feb 13, 2026

Updated 38h ago

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.

Additional information

MLS^® ID: 60968733

Interior Features

Basement: No

Exterior Features

Lot Size: 0.36 Acres

Other Property Details

Taxes: $7,656
Tax Frequency: Annually
Municipality: Detroit

Also listed on REALCOMP

Listed by Jennifer Aparicio-Zavalza with EXP Realty Main
Listing Contact: 313-350-3731

Based on information originating from the MiRealSource as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/22/2026 at 4:42 AM UTC