8,648 sqft

$140,000

1561 Webb Street, Detroit City Wayne Michigan, 48206

Price per sqft$16.19

Built in1916

Property size8,648 sqft

Property typeCommercial

Overview

Active

Listed Feb 13, 2026

Updated 11 days 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.

Other Property Details

Taxes: $7,656
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of EXP Realty Main

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christine Champlin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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.

Data last updated 3:30 AM UTC, 10/1/2026