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    Detroit Multifamily Investment Opportunity Title is generated by Realmo AI

    1408 Lee Place, Detroit, MI 48206

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    For Sale
    $399,000

    MULTI_FAMILY - Art Deco - Detroit, MI

    Property size:
    19,686 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $20/SF
    Added:
    Apr 1, 2026
    Days on Market:
    71
    Last Refresh:
    Jun 10 at 7:06 am

    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 11, Bedroom 5, Bedroom 4, Bathroom 22, Bedroom 41, Bathroom 13, Bedroom 27, Bedroom 8, Bedroom 21, Bedroom 31, Bedroom 29, Bathroom 3, Bedroom 10, Bedroom 33, Bathroom 10, Bathroom 19, Bedroom 24, Bathroom 20, Bathroom 27, Bedroom 3, Bathroom 15, Bathroom 28, Bathroom 29, Bedroom 42, Bedroom 23, Bathroom 14, Bedroom 22, Bathroom 17, Bathroom 2, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 40, Bedroom 28, Bedroom 20, Bathroom 21, Bedroom 9, Bedroom 12, Bathroom 18, Bathroom 26, Bedroom 15, Bedroom 26, Bathroom 5, Bedroom 43, Bathroom 6, Bedroom 14, Bathroom 9, Bedroom 36, Bedroom 38, Bedroom 2, Bedroom 16, Bedroom 39, Bedroom 35, Bathroom 11, Bathroom 12, Bedroom 19, Bedroom 32, Bathroom 25, Bathroom 8, Basement, Bathroom 23, Bathroom 1, Bedroom 30, Bedroom 34, Bedroom 13, Bathroom 24, Bedroom 6, Bathroom 16, Bedroom 18, Bedroom 37, Bathroom 7, Bedroom 25, Bedroom 17
    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

    We can help!

    Listing Contact
    Lawrence Else

    Listing agent Lawrence Else License #6502386964

    Listing office Realtyflo Inc 15007 Kercheval, Detroit, MI

    Listing date Apr 1, 2026

    MLS# 20261020942 Listing URL

    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.

    HighLights

    • 29‑unit apartment building offering significant investment potential.
    • Strategic corner location in the Herman Kiefer sub, south of Boston Edison.
    • Attractive mix of 15 one‑bedroom and 14 two‑bedroom apartments.
    • Clear title with warranty deed and title insurance provided.
    • Built in 1924 with Art Deco architectural style.
    • Brick construction.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.091507
    Latitude
    42.374771

    FAQs

    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 offering significant investment potential.; Strategic corner location in the Herman Kiefer sub, south of Boston Edison.; Attractive mix of 15 one‑bedroom and 14 two‑bedroom apartments.
    More about this property
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