$899,000

1541 elm street, detroit, MI 48216

Property Description
Exceptional NEW CONSTRUCTION 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-manag
General Information
Price: $899,000
Price/SqFt: $250
Status: Active
MLS#: 20261016823
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: mc keowns sub
Acres: 0.11
Lot Dimensions: 40X115
Bedrooms:0
Bathrooms:4   (4 full, 0 half)
Size: 3,600 sq.ft.
Acreage: 0.11 est.
Year Built: 2026
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior:  Aluminum, Vinyl
Basement:  0
Cooling:  Central Air
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $38
Est. Winter Taxes:  $0
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2026 Realcomp II Ltd. Shareholders Listing By: Briyana Jordan of Keller Williams Paint Creek, Phone: (248) 609-8000
(810) 252-9467 Call Cathie Plummer for more information about this property.

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Listings Presented by:
Cathie Plummer
Call:
(810) 252-9467