1541 Elm Street
Detroit, Michigan 48216
8
Bed
4
Bath
3,600Sqft
0.11Acre(Lot)
*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION POSSIBLE IF BUYER WANTS 4-Unit Multifamily investment opportunity in North Corktown! Located in the Heart of Downtown Detroit, This turnkey multi-family property features 4 identical units, each offering 2 bedrooms, 1 full bath, spacious living area, full kitchen with quartz countertops, gas, laundry hookups, central air conditioning, and private entry. With approximately 3,600 total sq ft, this newly built asset was designed for efficient, low-maintenance ownership. Each unit includes heavy-duty security doors, smart locks, and smart thermostats, while the property also offers 24-hour surveillance cameras and a rear parking lot with 8 spaces. Fast Growing Area for Developments with 7-unit apartment buil
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4 Full Baths: 4 -
Room Information
Porches: Porch - Covered,Porch,CoveredInterior Features
Cable Available,Dual-Flush Toilet(s),ENERGY STAR® Qualified Door(s),ENERGY STAR® Qualified Light Fixture(s),ENERGY STAR® Qualified Window(s),High Spd Internet Avail,Laundry Facility,Programmable Thermostat Roof: Asphalt -
Heating & Cooling
Cooling: Central Air Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 2026 Building Stories: 2 Story Total Units: 4 Roof: Asphalt Foundation/Basement: Crawl Architecture: Other,Quadruplex -
Exterior Features
Construction: Aluminum,Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.11 Lot Dimensions: 40X115 Frontage Feet: 40 -
Property Information
SQ ft: 3600 Subdivision: Mc Keowns Sub Financing: Cash,Contract,Conventional,FHA
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Listing Price Information
Original List Price: $899,000 -
Listing Information
Possession: At Close Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. S ELM 92 MC KEOWNS SUB L3 P50 PLATS, W C R 8/43 40 X 115
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Tax Information
Annual Tax: $38 Parcel Number: W08I000759SPossession
At CloseLegal Information
Legal Description: Section: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. S ELM 92 MC KEOWNS SUB L3 P50 PLATS, W C R 8/43 40 X 115
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Unit 2 Information
# of Bedrooms: 4
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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 |
|---|---|---|---|---|---|
| 1244 25th Street , Detroit, MI, 48216 | $169,000 | 4 | 2 | 2,286 | 2,286 SqFt |
| 1488 17th Street , Detroit, MI, 48216 | $225,000 | 7 | 2 | 2,378 | 2,378 SqFt |
| 1475 25th Street , Detroit, MI, 48216 | $234,900 | 7 | -- | -- |
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ByOwner last updated this listing 08/05/2026 @ 12:12
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