Exceptional investment opportunity in the Fort Shelby Residences, located in the heart of Detroit’s Central Business District. This offering includes two high-floor condos situated just below the penthouse level. Both units are fully leased through July 2026, providing immediate and reliable cash flow.
Residents benefit from the amenities of the Hilton DoubleTree Hotel located below the residences, including lobby reception, coffee shop, restaurant and bar, business and reception center, and fitness room. The residential floors sit above the hotel in the historic Albert Kahn tower, offering additional privacy.
These units enjoy extremely low property taxes—less than $3,000 per unit per year—thanks to the NEZ-Rehab tax abatement in place through 2032. The HOA does not restrict long-term leasing; short-term rentals are not permitted.
With continued development throughout West Downtown, including the Cambria Hotel, Water Square Apartments at the former Joe Louis site, and the Ralph C. Wilson Jr. Centennial Park, these condos are well-positioned for appreciation. As individual condominium units, they may also be sold separately in the future to maximize resale value.
Residents benefit from the amenities of the Hilton DoubleTree Hotel located below the residences, including lobby reception, coffee shop, restaurant and bar, business and reception center, and fitness room. The residential floors sit above the hotel in the historic Albert Kahn tower, offering additional privacy.
These units enjoy extremely low property taxes—less than $3,000 per unit per year—thanks to the NEZ-Rehab tax abatement in place through 2032. The HOA does not restrict long-term leasing; short-term rentals are not permitted.
With continued development throughout West Downtown, including the Cambria Hotel, Water Square Apartments at the former Joe Louis site, and the Ralph C. Wilson Jr. Centennial Park, these condos are well-positioned for appreciation. As individual condominium units, they may also be sold separately in the future to maximize resale value.
Property Details
Price:
$699,000
MLS #:
20261002827
Status:
Active
Beds:
3
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
FORT SHELBY HOTEL CONDO
Neighborhood:
05101detsouthofgrandriver
Listed Date:
Jan 14, 2026
Finished Sq Ft:
2,209
Year Built:
1927
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Heat Pump
Heating
Heat Pump
Exterior
Architectural Style
HighRise
Construction Materials
Brick, Stone
Parking Features
Assigned2Spaces, Driveway, ParkingLot, NoGarage
Financial
HOA Fee
$1,100
HOA Frequency
Monthly
Taxes
$2,179
Map
Community
- Address525 W Lafayette Boulevard #18E and 19C Detroit MI
- SubdivisionFORT SHELBY HOTEL CONDO
- CityDetroit
- CountyWayne
- Zip Code48226
Market Summary
Property Summary
- Located in the FORT SHELBY HOTEL CONDO subdivision, 525 W Lafayette Boulevard #18E and 19C Detroit MI is a Condo for sale in Detroit, MI, 48226. It is listed for $699,000 and features 3 beds, 3 baths, and has approximately 2,209 square feet of living space, and was originally constructed in 1927. The current price per square foot is $316. The average price per square foot for Condo listings in Detroit is $258. The average listing price for Condo in Detroit is $360,686. To schedule a showing of MLS#20261002827 at 525 W Lafayette Boulevard #18E and 19C in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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