1541 Elm Street Detroit, MI 48216
- Added:
- Mar 16, 2026
- Days on Market:
- 17
- Last Refresh:
- Apr 1 at 4:06 pm
Property Features for 1541 Elm Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family,Residential
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
- Parking
- 8
- Interior features
- Cable Available, Dual-Flush Toilet(s), ENERGY STAR® Qualified Door(s), ENERGY STAR® Qualified Light Fixture(s), ENERGY STAR® Qualified Window(s), High Spd Internet Avail, Laundry Facility, Programmable Thermostat
- Standard status
- Active
- APN
- W08I000759S
- Size
- 3,600 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 38
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Briyana Jordan (248) 649-7200
Listing office Keller Williams Paint Creek 440 S Main Street, Troy, MI (248) 649-7200
Listing date Mar 16, 2026
MLS# 20261016823
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.
Overview
New Construction Multifamily Investment Opportunity
This new construction multifamily property is located in North Corktown, in the heart of Downtown Detroit. The turnkey property features four identical units. Each unit offers 2 bedrooms, 1 full bath, a spacious living area, a full kitchen with quartz countertops, gas, laundry hookups, central air conditioning, and a private entry. The property has approximately 3,600 total square feet. Designed for efficient, low-maintenance ownership, each unit includes heavy-duty security doors, smart locks, and smart thermostats. The property also offers 24-hour surveillance cameras and a rear parking lot with 8 spaces. A 7-unit apartment building is under construction across the street. A tax exemption is in place until 2033. The property is located on a lot of 0.11 acres. The Certificate of Occupancy was issued March 23, 2026. The property is zoned for Multi-Family and Residential use. This property is an opportunity for investors seeking a newly constructed, easy-to-manage asset in one of Detroit’s fastest-growing neighborhoods.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0722294
- Latitude
- 42.3389344
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - New 4-unit multifamily property in Detroit's growing North Corktown.
Where is this quadplex located?
The property is located at 1541 Elm Street Detroit, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Newly constructed (2026) 4‑unit multifamily property in North Corktown, Detroit.; Certificate of Occupancy issued March 2026, indicating immediate readiness for occupancy and operation.; Tax exemption in place until 2033, offering significant cost savings.
