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Mike Himes

mhimes.remax@gmail.com +1(517) 617-8911

$ 899,000

Est. payment | -/mo

4 Baths

4,791 Sqft Lot

Save

$ 899,000

Est. payment | -/mo

Save

4 Baths

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261016823

Year Built 2026

Annual Tax Amount $38

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X115

Source Realcomp

Property Description

*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION POSSIBLE IF BUYER WANTS 4-Unit Multifamily investment opportunity in North Corktown with Certificate of Occupancy issued March 23, 2026. Located in the Heart of Downtown Detroit, This turnkey multi-family property features 4 identical units, each offering 2 bedrooms, 1 full bath, spacious living area, full kitchen with quartz countertops, gas, laundry hookups, central air conditioning, and private entry. With approximately 3,600 total sq ft, this newly built asset was designed for efficient, low-maintenance ownership. Each unit includes heavy-duty security doors, smart locks, and smart thermostats, while the property also offers 24-hour surveillance cameras and a rear parking lot with 8 spaces. Fast Growing Area for Developments with 7-unit apartment building being built right across the street. Tax Exemption in place until 2033. Projected gross monthly income of approximately $12,000. Rare opportunity for local and out-of-state investors seeking a newly constructed, easy-to-manage asset in one of Detroit's fastest-growing neighborhoods.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family,Residential

Direction Trumbul/Martin Luther King JrS of Martin Luther King JR / W of Trumbul

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Water Public

Structure Type Aluminum Siding,Vinyl Siding

Schools

School District Detroit

Others

Tax ID W08I000759S

Acceptable Financing Cash, Conventional, FHA, Land Contract

Listing Terms Cash, Conventional, FHA, Land Contract

Listed by Keller Williams Paint Creek

Nearby Locations

GET MORE INFORMATION

Mike Himes

Associate Broker | Lic# 501408694

mhimes.remax@gmail.com

+1(517) 617-8911

26078 W US12 Sturgis MI 49091

1541 Elm Street Detroit, MI 48216

Mike Himes

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

1541 Elm Street