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1408 Lee Place, Detroit, MI, 48206
Detroit Multifamily Investment Opportunity

1408 Lee Place Detroit, MI 48206

For Sale
$399,000

MULTI_FAMILY - Art Deco - Detroit, MI

Property Size19,686 SF
Lot Size0.21 Acres
Price / SF$20.27
Days on Market120

Property Features for 1408 Lee Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 43
Bathrooms 29
Rooms Bedroom 16, Bedroom 19, Bathroom 17, Bedroom 2, Bedroom 9, Bedroom 6, Bedroom 27, Bedroom 32, Bathroom 11, Bedroom 7, Bedroom 8, Bathroom 8, Bathroom 13, Bedroom 10, Bedroom 1, Bedroom 13, Bedroom 24, Bathroom 24, Bathroom 28, Bathroom 29, Bedroom 29, Bathroom 25, Bathroom 15, Bedroom 4, Bathroom 27, Bathroom 9, Bedroom 3, Bedroom 5, Bedroom 37, Bathroom 4, Basement, Bathroom 7, Bedroom 41, Bedroom 31, Bedroom 20, Bedroom 15, Bedroom 26, Bedroom 42, Bathroom 6, Bathroom 5, Bathroom 22, Bedroom 39, Bedroom 34, Bedroom 28, Bedroom 35, Bedroom 38, Bathroom 3, Bathroom 14, Bathroom 16, Bedroom 12, Bedroom 11, Bedroom 17, Bedroom 25, Bedroom 14, Bedroom 30, Bathroom 1, Bathroom 18, Bathroom 21, Bedroom 22, Bathroom 20, Bathroom 2, Bedroom 40, Bathroom 12, Bathroom 19, Bedroom 43, Bathroom 26, Bedroom 36, Bedroom 18, Bathroom 23, Bedroom 33, Bedroom 23, Bathroom 10, Bedroom 21
Pets allowed Yes
Standard status Active
APN W06I002129S
Size 19,686 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description N LEE PLACE 52 53 54 BARBERS SUB L30 P64 PLATS, W C R 6/182 96.66 X 95.77
Tax Annual Amount 2261

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1924
Number of units 29
Building materials Brick
Architectural style Art Deco
Listing Agency: Realtyflo Inc
Listed By: Lawrence Else · License #6502386964
Added: Apr 1 Changed: Jul 11 Last Checked: Jul 29 at 4:06AM
MLS# 20261020942

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 29-unit apartment building features 15 one-bedroom units and 14 two-bedroom units. The property is situated on a corner lot in the Herman Kiefer sub, just south of Boston Edison. The building offers an opportunity for renovation. The lot size is 0.21 acres and the property size is 19686 square feet. The property is located in Detroit, Michigan, with a zoning designation of Multi-Family.

Key Highlights

  • 29‑unit apartment building with 15 one‑bedroom units and 14 two‑bedroom units
  • Art Deco building constructed with brick materials
  • Forced air heating system

Property Analytics

Property Profile Location Intelligence

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Spa & Massage Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Apartment building - 29-unit apartment building in Detroit's Herman Kiefer sub.
Where is this apartment building located?
The property is located at 1408 Lee Place Detroit, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 29‑unit apartment building with 15 one‑bedroom units and 14 two‑bedroom units; Art Deco building constructed with brick materials; Forced air heating system
More about this property
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