681 W Canfield Street, Detroit, MI 48201
Local realty services provided by:ERA Prime Real Estate Group
681 W Canfield Street,Detroit, MI 48201
$1,000,000
- - Beds
- 5 Baths
- 7,000 sq. ft.
- Multi-family
- Active
Listed by: shane parker
Office: s&p realty
MLS#:20261063150
Source:MI_REALCOMP
Price summary
- Price:$1,000,000
- Price per sq. ft.:$142.86
About this home
Rare opportunity to own a meticulously maintained four-unit multifamily property on Historic West Canfield in the heart of Midtown Detroit. Originally built in 1910, this beautifully preserved carriage house offers approximately 7,000 square feet and features four spacious two-bedroom apartments. Three of the four units include private in-unit laundry, while the fourth is served by a common laundry area. Also three of four units are occupied, generating income from day one. The property has benefited from extensive capital improvements, including a newer roof, gutters, tuckpointing, newer vinyl replacement windows, updated plumbing, separate gas and electric meters, and modern mechanical systems. A newly constructed secure fenced and gated parking lot provides approximately 10 off-street parking spaces—a rare amenity in Midtown. Current rents are below market, presenting an outstanding value-add opportunity for investors seeking immediate upside through future lease renewals. Ideally located just steps from Mad Nice, Selden Standard, SheWolf, Awake Cafe, Oak & Reel, Whole Foods Market, and the Detroit Institute of Arts, with convenient access to Wayne State University, Detroit Medical Center, Children's Hospital of Michigan, Henry Ford Health, the QLINE, I-75, I-94, and Downtown Detroit. A turnkey investment in one of Detroit's most desirable and walkable neighborhoods offering strong long-term appreciation potential. Do not miss out on this rare opportunity! 4230 3rd Street is included in the sale. This is the dedicated parking with 9 spaces that is supported by recorded easements and maintenance agreements, with documentation available upon request. Financial information, current rent roll and operating information available to qualified buyers upon request. Rental amounts reflected in the MLS are pro forma estimates only and are not representations of current or actual rental income. photos may be digitally enhanced, Information is deemed reliable, buyer to verify all information and data....
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Home facts
- Year built:1910
- Subdivision & Development:CASS FARM SUB OF BLKS 97 & 98
- Listing ID #:20261063150
- Added:49 day(s) ago
- Updated:October 01, 2026 at 10:13 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Living area:7,000 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1910
- Building area:7,000 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Carriage House
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,000,000
- Price per sq. ft.:$142.86
- Tax amount:$3,960
Parking
- Total parking spaces:10
- Parking description:Garage, Parking Lot, Paved
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