Active

1241 E Woodward Heights Boulevard

Hazel Park, Michigan 48030

$1,500,000 $6,324/Mo

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Overview

Bed

Bath

20,250

Sqft

0.50

Acre(Lot)

Description

MAJOR PRICE REDUCTION OF $220,000! NOW OFFERED AT $1,500,000. Rare opportunity to acquire a stabilized 8 unit multifamily asset in Hazel Park, one of Metro Detroit's strongest rental submarkets. With deep tenant demand, low area vacancy, and a workforce housing profile that performs in every market cycle, this building is ideal for investors seeking dependable long term cash flow at a significantly improved basis. Portfolio buyers take note: the adjacent building will be coming to market soon, offering a chance to scale your position in this corridor with two assets side by side. The rent roll is supported by location: minutes from the I75 and I696 interchange, with major employment anchors nearby including the Amazon facility at 10 Mile and Dequindre, Corewell Health Royal Oak, the GM Tec h Center in Warren, and downtown Detroit roughly 15 minutes south. Hazel Park's ongoing revitalization, including the growing restaurant and retail corridor along John R, continues to drive tenant demand and rent growth in the area. Residents are served by Hazel Park Schools including Webb Elementary, Hazel Park Junior High, and Hazel Park High School, plus parks, the recreation center, and the district library, amenities that support strong tenant retention and low turnover. Rent roll and financials available to qualified buyers. BATVAI

Property Details

Property Type : Multifamily

Price : $1,500,000

AD Id : 84711903

MLS Id : 20261044209

Beds : 16

Lot Size : 0.50 Acre

Living Area Size : 20,250

Year Built : 2019

Garage : Garage

County : Oakland

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 16 Full Baths: 16
Room Information

Porches: Balcony,Patio

Interior Features

220 Volts,Circuit Breakers,Laundry Facility Roof: Asphalt
Heating & Cooling

Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas

Water Heater

Natural Gas

Building Information

Year Built: 2019 Building Stories: 2 Story Total Units: 8 Roof: Asphalt Foundation/Basement: Slab Architecture: Townhouse
Exterior Features

Construction: Brick
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal) Water Heat: Natural Gas

Lot Information

Lot Size: 0.50 Lot Dimensions: 136x295 Frontage Feet: 136
Property Information

SQ ft: 20250 Financing: Cash,Conventional

Listing Price Information

Original List Price: $1,500,000
Listing Information

Possession: At Close Legal Description: T1N, R11E, SEC 25 PART OF NE 1/4 BEG AT PT DIST W 1950.30 FT FROM E 1/4 COR, TH W 136 FT, TH N 00-15-30 W 159.35 FT, TH N 89-44-30 E 63.50 FT, TH N 00-15-30 W 1.65 FT, TH N 89-44-30 E 72.50 FT, TH S 00-15-30 E 161.61 FT TO BEG 0.50 A 5-13-21 FR 005

Tax Information

Annual Tax: $43,337 Parcel Number: 2525251011
Possession

At Close
Legal Information

Legal Description: Section: T1N, R11E, SEC 25 PART OF NE 1/4 BEG AT PT DIST W 1950.30 FT FROM E 1/4 COR, TH W 136 FT, TH N 00-15-30 W 159.35 FT, TH N 89-44-30 E 63.50 FT, TH N 00-15-30 W 1.65 FT, TH N 89-44-30 E 72.50 FT, TH S 00-15-30 E 161.61 FT TO BEG 0.50 A 5-13-21 FR 005

Unit 2 Information

# of Bedrooms: 8

School Information

School District: Hazel Park
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
23831 John R Road , Hazel Park, MI, 48030	$1,200,000	4	3.5	5,425	5,425 SqFt
453 Manatee Avenue , Hazel Park, MI, 48030	$315,000	4	2	1,440	1,440 SqFt

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23831 John R Road ,
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453 Manatee Avenue ,
Hazel Park, MI, 48030

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Acre(Lot)

1241 E Woodward Heights Boulevard ,
Hazel Park, MI, 48030

Bed

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20,250

Sqft

0.50

Acre(Lot)

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/14/2026 @ 22:03

MLS: 20261044209 LISTED BY: Joseph Rauti , Century 21 Curran & Oberski 313-274-7200 SOURCE: Realcomp II Ltd