Historic Multifamily
New
For Sale
$400,000
1574 & 1582 Cadillac Boulevard, Detroit, MI 48214
Twin brick structures retain original architectural details and offer substantial redevelopment scope across three full stories.
Property Size8,630 SF
Price / SF$46.35
Days on Market2
Property Features for 1574 & 1582 Cadillac Boulevard
General Information
Standard status
Active
Size
8,630 SF
Property subtype
Multi Family
Property Condition
Severity
Major Repairs Needed
Evidence
full interior demolition
Additional Details
Asking Price
$400,000
Building Details
Buildings
2
Stories
3
Listing Agency:
O'Connor Realty Detroit, LLC
(313) 963-9891
Listed By:
Randall S Fogelman · License #6501278483
(313) 378-4270
Source:
Alexmi
Added: Sep 18
Last Checked: Sep 19 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Connor Realty Detroit, LLC
Investment Insights
Based on property information with market context.
This offering includes two adjoining historic brick buildings totaling approximately 8,630 square feet. Each structure contains three full stories, a deep basement, and original interior elements including fireplaces, inlaid tile foyers, pocket doors, paneling, and wainscoting. Both interiors have been fully demolished, the roofs have been replaced, and one third floor has been rebuilt. The properties rest on original fieldstone foundations.
The remaining work includes masonry repairs, porch reconstruction, and selected second-floor framing. Basement ceiling heights may support conversion to additional living space. The buildings can be restored together or separately, with layouts suitable for multifamily redevelopment or other residential configurations supported by the existing structure.
The property is located at 1574 & 1582 Cadillac Boulevard in Detroit’s East Village, two blocks from The Shepherd and Pewabic. Both buildings include sizable rear yards with alley access, providing space for potential off-street parking, outdoor areas, or landscaping.
The remaining work includes masonry repairs, porch reconstruction, and selected second-floor framing. Basement ceiling heights may support conversion to additional living space. The buildings can be restored together or separately, with layouts suitable for multifamily redevelopment or other residential configurations supported by the existing structure.
The property is located at 1574 & 1582 Cadillac Boulevard in Detroit’s East Village, two blocks from The Shepherd and Pewabic. Both buildings include sizable rear yards with alley access, providing space for potential off-street parking, outdoor areas, or landscaping.
Key Highlights
- Two adjoining buildings totaling approximately 8,630 square feet
- Three full stories in each building, plus deep basements
- New roofs installed; one third floor fully rebuilt
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
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Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Twin brick structures retain original architectural details and offer substantial redevelopment scope across three full stories.
Where is this multifamily property located?
The property is located at 1574 & 1582 Cadillac Boulevard Detroit, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two adjoining buildings totaling approximately 8,630 square feet; Three full stories in each building, plus deep basements; New roofs installed; one third floor fully rebuilt
