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1541 Elm Street
Detroit MI 48216 US

$899,000

Active Listing ID 20261016823
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4.00 Bath (4 Full)
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Lot: 0.11 Acres
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Other

$899,000

Active Listing ID 20261016823
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1541 Elm Street Exceptional NEW CONSTRUCTION 4-Unit Multifamily investment opportunity in North Corktown with Certificate of Occupancy issued March 23, 2026. Located in the Heart of Downtown Detroit, This turnkey multi-family property features 4 identical units, each offering 2 bedrooms, 1 full bath, 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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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Roof Type: Asphalt
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 899000
  • unparsedaddress: 1541 Elm Street
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48216
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 3600
  • livingareaunits: Square Feet
  • listagentfullname: Briyana Jordan
  • listagentemail: 1briyanajordan@gmail.com
  • listagentkey: 3yd-REALCOMPMI-427277
  • listagentmlsid: 427277
  • listagentpreferredphone: 2486497200
  • listagentofficephone: 2486497200
  • listofficekey: 3yd-REALCOMPMI-408421
  • listofficemlsid: 408421
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 2026
  • listingcontractdate: 2026-03-16
  • listagenturl: http://www.kwtroy.com/
  • countyorparish: Wayne
  • parcelnumber: W08I000759S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • cooling: Central Air
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Cable Available, Dual-Flush Toilet(s), ENERGY STAR® Qualified Door(s), ENERGY STAR® Qualified Light Fixture(s), ENERGY STAR® Qualified Window(s), High Spd Internet Avail, Laundry Facility, Programmable Thermostat
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"M77 LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw928@kw.com", "ListBrokerageCity":"Troy", "ListBrokerageCountry":"US", "ListBrokerageEmail":"laithyaldo@hotmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/REALCOMPMI/c5ababf0228558c101228906f5200095/20090729120511040.jpeg", "ListBrokerageName":"M77 LLC", "ListBrokeragePhone":"248-649-7200", "ListBrokeragePostalCode":"48084", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Ste 100", "ListBrokerageUnparsedAddress":"901 Wilshire", "ListBrokerageWebsiteUrl":"http://www.kwtroy.com/", "ListOfficeAddress1":"440 S Main Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"304862", "ListOfficeCity":"Rochester", "ListOfficeCountry":"US", "ListOfficeEmail":"laithyaldo@hotmail.com", "ListOfficePostalCode":"48307", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Other, Quadruplex - Detroit, MI", "ListingURL":"https://listings.listhub.net/pages/REALCOMPMI/20261016823/?channel=rexren", "MLSModificationTimestamp":"2026-03-24T11:21:20Z", "Neighborhoods":[{"Description":null, "Name":"Det Woodward-Mcclellan/So Mack"}], "PostalCode":null, "RawPropertySubType":"Other, Quadruplex", "RawPropertyType":"Multi-Unit/Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":38, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/24/2026 4:04:18 PM GMT
Source Updated Date: 3/29/2026 1:42:56 PM GMT

Courtesy of: Briyana Jordan, Keller Williams Paint Creek, 1briyanajordan@gmail.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.