Restored Queen Anne
For Sale
$799,000
691 W CANFIELD Street, Detroit, MI 48201
MULTI_FAMILY - Queen Anne - Detroit, MI
Property Size2,746 SF
Price / SF$290.97
Days on Market93
Property Features for 691 W CANFIELD Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family,Multiple,Res
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Basement, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 3
Pets allowed
Yes
Interior features
High Spd Internet Avail, Laundry Facility
Subdivision
CASS FARM SUB OF BLKS 97 & 98 (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
On Canfield East of Third Street
Standard status
Active
APN
W04I000902S
Size
2,746 SF
Taxes and HOA fees
Tax Description
S CANFIELD W 50 FT OF E 100 FT 6 THRU 8 BLK 98 AND VAC CANFIELD AVE ADJ CASS FARM SUB L1 P259 PLATS, W C R 4/40 50 X 170
Tax Annual Amount
4800
Legal Description
S CANFIELD W 50 FT OF E 100 FT 6 THRU 8 BLK 98 AND VAC CANFIELD AVE ADJ CASS FARM SUB L1 P259 PLATS, W C R 4/40 50 X 170
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1895
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Queen Anne
Listing Agency:
@properties Christie's Int'l R.E. Detroit
(313) 230-0510
Listed By:
Hannah J Hoppough · License #6501365413
(313) 230-0510
Added: May 1
Changed: Jul 31
Last Checked: Aug 1 at 4:06AM
MLS# 20261027651
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 restored Queen Anne duplex at 691 W Canfield Street features character details from its 1895 construction, including decorative custom woodwork and moldings, multiple fireplaces with original mantels, and a grand entry staircase. The home’s layout includes two distinct spaces: a first-floor owner/occupant arrangement and an upper income-generating flat.
The first floor includes white oak hardwood floors and an open kitchen design with white shaker cabinets, bronze architectural hardware, Carrara marble countertops, Grohe plumbing fixtures, and stainless steel appliances. The bathroom offers hexagon Carrera tile, a custom vanity, and a large walk-in rain shower.
The upper flat has high ceilings and lots of light, with three rooms, one full bath, and an in-unit washer/dryer. It also includes oak hardwood floors, quartz countertops, a backsplash, and stainless steel appliances. The basement has been fully renovated, adding 1,000 sqft of additional bonus living space with a full kitchen, three rooms, a full bathroom, and a mud room with entryway.
Additional property features include brick construction, forced-air heating, central air conditioning, an asphalt roof, public water service, and available high-speed internet. Total building size is 2,746 sqft.
The first floor includes white oak hardwood floors and an open kitchen design with white shaker cabinets, bronze architectural hardware, Carrara marble countertops, Grohe plumbing fixtures, and stainless steel appliances. The bathroom offers hexagon Carrera tile, a custom vanity, and a large walk-in rain shower.
The upper flat has high ceilings and lots of light, with three rooms, one full bath, and an in-unit washer/dryer. It also includes oak hardwood floors, quartz countertops, a backsplash, and stainless steel appliances. The basement has been fully renovated, adding 1,000 sqft of additional bonus living space with a full kitchen, three rooms, a full bathroom, and a mud room with entryway.
Additional property features include brick construction, forced-air heating, central air conditioning, an asphalt roof, public water service, and available high-speed internet. Total building size is 2,746 sqft.
Key Highlights
- Restored Queen Anne duplex built in 1895 with decorative woodwork, moldings, and a grand entry staircase
- Multiple fireplaces with original mantels plus decorative custom woodwork and moldings
- Brick construction with forced‑air heating and central air, plus public water service
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.8k | $17.40 |
| − Vacancy | −$2.9k | −$1.07 |
| EGI | $44.8k | $16.33 |
| − OpEx | −$13.4k | −$4.90 |
| NOI | $31.4k | $11.43 |
2,746 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$448.3K
$392.3K – $523.1K
NOI $31,383 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$411.5K
$360.1K – $480.1K
NOI $28,807 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$605.8K
$530.1K – $706.7K
NOI $42,404 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 48201, MI
14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Restored Queen Anne duplex with central air and in-unit washer/dryer in the upper flat.
Where is this duplex located?
The property is located at 691 W CANFIELD Street Detroit, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Restored Queen Anne duplex built in 1895 with decorative woodwork, moldings, and a grand entry staircase; Multiple fireplaces with original mantels plus decorative custom woodwork and moldings; Brick construction with forced‑air heating and central air, plus public water service
