1408 Lee Place Detroit MI 48206 MLS #20261020942

1408 Lee Place
Detroit, MI, 48206
$420,000
Beds
29 Baths
19,686 SqFt
0.21 Acres
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MLS #20261020942 image #0
*OPPORTUNITY!* 29 unit apartment building (Mix of 1 and 2 bed units) in prime 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.

Property Details

Price:
$420,000
MLS #:
20261020942
Status:
Active
Beds:
0
Baths:
29
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
BARBERS SUB
Neighborhood:
area05043detlivernoisi756gdriver
Listed Date:
Apr 1, 2026
Finished Sq Ft:
19,686
Year Built:
1924
Short SaleArtdecoArea05043detlivernoisi756gdriverArea05043detlivernoisi756gdriverBarbers SubDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
19686
Bathrooms
29 Full Bathrooms
Heating
Forced Air, Natural Gas
Levels
Story4to10

Exterior

Architectural Style
ArtDeco
Construction Materials
Brick

Financial

Net Operating Income
$337,600
Taxes
$2,261

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Apr 02, 2026
3,102
Single Family Listed
121
Avg DOM
83
Avg $ / SqFt
$149,064
Avg List Price

Property Summary

    Located in the BARBERS SUB subdivision, 1408 Lee Place Detroit MI is a Single Family for sale in Detroit, MI, 48206. It is listed for $420,000 and features 0 beds, 29 baths, and has approximately 19,686 square feet of living space, and was originally constructed in 1924. The current price per square foot is $21. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $149,064. To schedule a showing of MLS#20261020942 at 1408 Lee Place in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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