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1251 E Woodward Heights

Hazel Park, MI 48030
  • $2,600,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 20261055690
Price Reduced
UPDATED: 136 min ago
$2,600,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
  • 15,714
    SQFT
  • $165
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Description

NEW PRICE REDUCTION TO $2,600,000 - CALLING FOR ALL OFFERS - MONDAY, AUGUST 17, 2026 @ 4:00 PM Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. This Investment also offers potential as a great Condo Conversion project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
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1251 E Woodward Heights Hazel Park, MI 48030

  • Price: $2,600,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 136 min ago
  • MLS #: 20261055690
0
Beds
20
Baths
0
½ Baths
0.52
Acres
15,714
SQFT
$165
$/SQFT
2022
Built
Neighborhood:
Hazel Park (63257)
County:
Oakland
Area:
Hazel Park (63257)
School District:
Hazel Park City School District
Property Description
NEW PRICE REDUCTION TO $2,600,000 - CALLING FOR ALL OFFERS - MONDAY, AUGUST 17, 2026 @ 4:00 PM Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. This Investment also offers potential as a great Condo Conversion project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.
Exterior Features

Exterior Construction Vinyl Siding Foundation Type Slab Frontage 100 Lot Size 151X151 Roads Paved Street Structure Style 2 Story Waterfront YN No

Interior Features

Basement YN No Cooling System Central A/C Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease Information Water Included Lease YN Yes Municipality Hazel Park Municipality Type City Net Operating Income 150700 Ownership Private Property Type Multi-Family SEV 598650 Subject To Short Sale Approval No Summer Tax Amount 50596 Taxable Value 598650 Total Expenses 79393 Total Tax Amount 51622 Unit1 Rent Rate 2000 Unit2 Rent Rate 2250 Water Public Water Winter Tax Amount 1026 Zoning Multi-Family

Listing courtesy of RLB Realty Limited LLC : 313-550-2541.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
 
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