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1408 Lee

Detroit, MI 48206
  • $399,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 20261020942
UPDATED: 65 min ago
$399,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 29
    BATHS
  • 0
    1/2 BATHS
  • 19,686
    SQFT
  • $20
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

School District:

Description

*OPPORTUNITY!* 29 unit apartment building (15 one bedroom units and 14 two bedroom units) in strategic corner location in the Herman Kiefer sub just south of Boston Edison. Huge opportunity to bring this apartment building back to its former glory! Bring all offers and act fast! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc.

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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: 2026-05-09T17:51:38.743.
www.sellsmi.com/homes/174711823
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1408 Lee Detroit, MI 48206

  • Price: $399,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 65 min ago
  • MLS #: 20261020942
0
Beds
29
Baths
0
½ Baths
0.21
Acres
19,686
SQFT
$20
$/SQFT
1924
Built
Neighborhood:
Barbers Sub
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
*OPPORTUNITY!* 29 unit apartment building (15 one bedroom units and 14 two bedroom units) in strategic corner location in the Herman Kiefer sub just south of Boston Edison. Huge opportunity to bring this apartment building back to its former glory! Bring all offers and act fast! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 96.66X95.77 Roads Paved Street Waterfront YN No

Interior Features

Basement Type Block Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms Cash For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Net Operating Income 337600 Ownership Private Property Type Multi-Family SEV 232800 Subject To Short Sale Approval No Summer Tax Amount 804 Taxable Value 9561 Total Expenses 80000 Total Tax Amount 2261 Water Public Water Winter Tax Amount 1457 Zoning Multi-Family

Listing courtesy of Realtyflo Inc : 313-466-7253.

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: 2026-05-09T17:51:38.743.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507