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1651 Webb St, Detroit, MI 48206

Apartment buildings

Property Size6,180 SF
Price / SF$24.27
Days on Market105

Property Features for 1651 Webb St

General Information

Standard status Active
Size 6,180 SF
Class C
Property subtype Multifamily
Zoning R5

Building Details

Year Built 1920
Buildings 1
Units 13
Listing Agency: Encore Real Estate Investment Services
Listed By: Kishon Harbert · License #MI 6501402939
Source: Crexi
Added: Jul 6 Changed: Oct 6 Last Checked: Oct 16 at 8:39AM

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 Encore Real Estate Investment Services

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Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

Where is this apartment building located?
The property is located at 1651 Webb St Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
(313) 919-1935 Call to check price and availability
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