1408 Lee Place
Detroit, MI, 48206
$399,000
Beds
29 Baths
0 SqFt
0.21 Acres
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$399,000
1408 Lee Place
Detroit, MI, 48206
MLS #20261020942 image #0
*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.

Property Details

Price:
$399,000
MLS #:
20261020942
Status:
Active
Beds:
0
Baths:
29
Type:
Single Family
Listed Date:
Apr 1, 2026
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1924
Detroit

Schools

School District:
Detroit

Interior

Heating
Forced Air

Exterior

Association Amenities
Pets Allowed
Construction Materials
Brick

Financial

Net Operating Income
$337,600
Taxes
$2,261
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Current real estate data for Single Family in Detroit as of Jun 16, 2026
3,938
Single Family Listed
138
Avg DOM
85
Avg $ / SqFt
$154,635
Avg List Price

Community

Subdivisions in Detroit

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Property Summary

    1408 Lee Place Detroit MI is a Single Family for sale in Detroit, MI, 48206. It is listed for $399,000 and features 0 beds, 29 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Detroit is $85. The average listing price for Single Family in Detroit is $154,635.
1408 Lee Place
Detroit, MI

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