525 W Lafayette Boulevard #18E AND 19C
Detroit, Michigan 48226
3
Bed
3
Bath
2,209Sqft
Exceptional investment opportunity in the Fort Shelby Residences, located in the heart of Detroit’s Central Business District. This offering includes two high-floor condos situated just below the penthouse level. Both units are fully leased through July 2026, providing immediate and reliable cash flow. Residents benefit from the amenities of the Hilton DoubleTree Hotel located below the residences, including lobby reception, coffee shop, restaurant and bar, business and reception center, and fitness room. The residential floors sit above the hotel in the historic Albert Kahn tower, offering additional privacy. These units enjoy extremely low property taxes—less than $3,000 per unit per year—thanks to the NEZ-Rehab tax abatement in place through 2032. The HOA does not restrict long-term l
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 3 Full Baths: 3 -
Room Information
Total Rooms: 6 -
Heating & Cooling
Cooling: Central Air,Heat Pump Heating: Heat Pump Heating Fuel: Heat Pump
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Building Information
Year Built: 1927 Building Stories: 1 Story Foundation/Basement: Slab Architecture: High Rise -
Exterior Features
Construction: Brick,Stone -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Property Information
SQ ft: 2209 Subdivision: Fort Shelby Hotel Condo Financing: Cash,Conventional,Warranty Deed
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Listing Price Information
Original List Price: $699,000 -
Listing Information
Possession: At Close Legal Description: S LAFAYETTE W UNIT 42; WAYNE COUNTY CONDO PLAN NO. 945 "FORT SHELBY HOTEL CONDOMINIUM" RECORDED IN L46262 P1428-1542 DEEDS, WCR 4/132 0.461% SPLIT/COMBINED ON 07/23/2018 FROM 04000118.005;
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Tax Information
Annual Tax: $2,179 Parcel Number: W04I000118S045Terms/Deposits/Fees
Assoc Fee Freq: $Monthly -
Possession
At Close -
Legal Information
Legal Description: Section: S LAFAYETTE W UNIT 42; WAYNE COUNTY CONDO PLAN NO. 945 "FORT SHELBY HOTEL CONDOMINIUM" RECORDED IN L46262 P1428-1542 DEEDS, WCR 4/132 0.461% SPLIT/COMBINED ON 07/23/2018 FROM 04000118.005;
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Parking Information
Garage Size: No Garage Garage Description: 2+ Assigned Spaces,Driveway,Parking Lot -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2003 Brooklyn Street #.., Detroit, MI, 48226 | $585,000 | 2 | 2.5 | 1,621 | 1,621 SqFt |
| 1001 W Jefferson Avenue.., Detroit, MI, 48226 | $315,000 | 2 | 2 | 1,202 | 1,202 SqFt |
| 1535 6th Street #4, Detroit, MI, 48226 | $409,900 | 1 | 1 | 1,374 | 1,374 SqFt |
| 525 W Lafayette Bouleva.., Detroit, MI, 48226 | $385,000 | 2 | 1 | 1,350 | 1,350 SqFt |
| 1001 W Jefferson Avenue.., Detroit, MI, 48226 | $330,000 | 2 | 2 | 1,201 | 1,201 SqFt |
| 1135 Shelby Street #2509, Detroit, MI, 48226 | $475,000 | 2 | 2 | 1,179 | 1,179 SqFt |
| 1 Park Avenue #1711, Detroit, MI, 48226 | $399,850 | 1 | 1 | 714 | 714 SqFt |
| 1 Park Avenue #1309, Detroit, MI, 48226 | $805,625 | 2 | 2 | 1,273 | 1,273 SqFt |
| 1 Park Avenue #1402, Detroit, MI, 48226 | $275,275 | 1 | 1 | 569 | 569 SqFt |
| 1 Park Avenue #1604, Detroit, MI, 48226 | $313,050 | 1 | 1 | 638 | 638 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/16/2026 @ 11:05
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