1541 Elm Street, Detroit, MI 48216
Local realty services provided by:ERA Prime Real Estate Group
1541 Elm Street,Detroit, MI 48216
$899,000
- - Beds
- 4 Baths
- 3,600 sq. ft.
- Multi-family
- Active
Listed by: briyana jordan
Office: keller williams paint creek
MLS#:20261016823
Source:MI_REALCOMP
Price summary
- Price:$899,000
- Price per sq. ft.:$249.72
About this home
*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION. 4BEDROOM 2 UNIT DUPLEX, BUT 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 2 identical units, each offering 4 Bedrooms, 2 full Baths on EACH LEVEL, 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 building being built right across the street. Tax Exemption in place until 2033. Projected gross monthly income of approximately $12,000. Rare opportunity for local and out-of-state investors seeking a newly constructed, easy-to-manage asset in one of Detroit’s fastest-growing neighborhoods....
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Home facts
- Year built:2026
- Subdivision & Development:MC KEOWNS SUB
- Listing ID #:20261016823
- Added:131 day(s) ago
- Updated:August 02, 2026 at 10:06 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Bathrooms Description:Dual Flush Toilets
- Living area:3,600 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:2026
- Building area:3,600 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Duplex
- Construction Materials:Aluminum Siding, Vinyl Siding
- Exterior Features:Covered, Porch
- Foundation Description:Crawl Space
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$249.72
- Tax amount:$38
Features and amenities
- Laundry features:In Unit
- Amenities:Dual Flush Toilets, ENERGY STAR Qualified Doors, ENERGY STAR Qualified Light Fixture(s), High Speed Internet, Programmable Thermostat
Parking
- Total parking spaces:8
- Parking description:Parking Lot
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