8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential.
Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan.
Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan.
Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
Property Details
Price:
$199,000
MLS #:
20261008320
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
ROBERT OAKMANS HAMILTON BLVD SUB
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Feb 9, 2026
Finished Sq Ft:
8,648
Total Sq Ft:
8,648
Year Built:
1916
See this Listing
Schools
School District:
Detroit
Interior
Exterior
Construction Materials
Brick
Parking Features
ParkingLot
Roof
ENERGYSTAR Shingles
Financial
Taxes
$7,656
Map
Community
- Address1561 Webb Street Detroit MI
- SubdivisionROBERT OAKMANS HAMILTON BLVD SUB
- CityDetroit
- CountyWayne
- Zip Code48206
Market Summary
Current real estate data for Commercial in Detroit as of Mar 02, 2026
505
Commercial Listed
266
Avg DOM
143
Avg $ / SqFt
$548,011
Avg List Price
Property Summary
- Located in the ROBERT OAKMANS HAMILTON BLVD SUB subdivision, 1561 Webb Street Detroit MI is a Commercial for sale in Detroit, MI, 48206. It is listed for $199,000 To schedule a showing of MLS#20261008320 at 1561 Webb Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
Similar Listings Nearby

1561 Webb Street
Detroit, MI