Corner Apartment Building
1408 Lee Pl Detroit, MI 48206
For Sale
$399,000
29-unit apartment building with 1-bedroom and 2-bedroom units on a corner location.
Days on Market9
Property Features for 1408 Lee Pl
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1924
Listing Agency:
Downtown Realty
(313) 315-3215
Listed By:
Lawrence Else · License #6502386964
(313) 315-3215
Source:
Elliman
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 28 at 10:38AM
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Investment Insights
Based on property information with market context.
This 29-unit apartment building includes 15 one-bedroom units and 14 two-bedroom units. The property is presented as an opportunity for a buyer looking to restore and reposition the building.
Located on a corner in the Herman Kiefer sub just south of Boston Edison, the property is described as bikeable (BikeScore 68) with good transit access (TransitScore 50) and a more car-dependent walking profile (WalkScore 40).
The offering is for sale with a clear title, provided with a warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, and related details.
Located on a corner in the Herman Kiefer sub just south of Boston Edison, the property is described as bikeable (BikeScore 68) with good transit access (TransitScore 50) and a more car-dependent walking profile (WalkScore 40).
The offering is for sale with a clear title, provided with a warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, and related details.
Key Highlights
- 29‑unit apartment building built in 1924
- Unit mix: 15 one‑bedroom units and 14 two‑bedroom units
- Corner location in the Herman Kiefer sub just south of Boston Edison
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 29-unit apartment building with 1-bedroom and 2-bedroom units on a corner location.
Where is this apartment building located?
The property is located at 1408 Lee Pl 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 built in 1924; Unit mix: 15 one‑bedroom units and 14 two‑bedroom units; Corner location in the Herman Kiefer sub just south of Boston Edison
