There are multiple listings for this address:
1541 Elm Street
Detroit, MI, 48216
$899,000
Beds
4 Baths
0 SqFt
0.11 Acres
Add
Add
$899,000
1541 Elm Street
Detroit, MI, 48216
MLS #20261016823 image #0
*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION. 2 BEDROOM 1Bathroom UNITS, 4-Unit Multifamily investment opportunity in North Corktown! 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 $8,000. 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.

Property Details

Price:
$899,000
MLS #:
20261016823
Status:
Pending
Beds:
0
Baths:
4
Type:
Single Family
Listed Date:
Aug 30, 2026
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
2026
NewconstructionDetroit

Schools

School District:
Detroit

Interior

Cooling
Central Air
Heating
Forced Air

Exterior

Construction Materials
Aluminum Siding, Vinyl Siding

Financial

Net Operating Income
$144,000
Taxes
$38
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Current real estate data for Single Family in Detroit as of Oct 06, 2026
3,954
Single Family Listed
135
Avg DOM
84
Avg $ / SqFt
$151,248
Avg List Price

Community

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Property Summary

    1541 Elm Street Detroit MI is a Single Family for sale in Detroit, MI, 48216. It is listed for $899,000 and features 0 beds, 4 baths, and has approximately 0 square feet of living space, and was originally constructed in 2026. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,248.
1541 Elm Street
Detroit, MI
1541 Elm Street
Detroit, MI, 48216
$899,000
8 Beds
4 Baths
3,980 SqFt
0.11 Acres
Add
Add
$899,000
1541 Elm Street
Detroit, MI, 48216
MLS #20261019971 image #0
*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION. 2 BEDROOM 1Bathroom UNITS, 4-Unit Multifamily investment opportunity in North Corktown! 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 $8,000. 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.

Property Details

Price:
$899,000
MLS #:
20261019971
Status:
Pending
Beds:
8
Baths:
4
Type:
Single Family
Listed Date:
Jul 30, 2026
Finished Sq Ft:
3,980
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
2026
NewconstructionDetroit

Schools

School District:
Detroit

Interior

Cooling
Central Air
Heating
Forced Air

Exterior

Construction Materials
Aluminum Siding, Vinyl Siding

Financial

Net Operating Income
$144,000
Taxes
$38
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Map

Current real estate data for Single Family in Detroit as of Oct 06, 2026
3,954
Single Family Listed
135
Avg DOM
84
Avg $ / SqFt
$151,248
Avg List Price

Community

Subdivisions in Detroit

Similar Listings Nearby

broker reciprocity
MLS# 20261051971broker reciprocity
610 W Boston Boulevard
Detroit, MI

$1,100,000

3.4 miles away

broker reciprocity
MLS# 20261019237broker reciprocity
3401 & 3415 Michigan ave
Detroit, MI

$1,100,000

1.1 miles away

broker reciprocity
MLS# 20261063150broker reciprocity
681 W Canfield Street
Detroit, MI

$1,000,000

0.8 miles away

broker reciprocity
MLS# 26039193broker reciprocity
461 W Alexandrine Street
Detroit, MI

$995,000

0.8 miles away

broker reciprocity
MLS# 20261068886broker reciprocity
1390 & 1394 PINE
Detroit, MI

$950,000

0.3 miles away

broker reciprocity
MLS# 20250000212broker reciprocity
2941 E WARREN Avenue
Detroit, MI

$900,000

2.6 miles away

broker reciprocity
MLS# 20261069298broker reciprocity
2940 Iroquois Street
Detroit, MI

$899,000

4.2 miles away

broker reciprocity
MLS# 20261073348broker reciprocity
94 E BOSTON Boulevard
Detroit, MI

$850,000

3.4 miles away

broker reciprocity
MLS# 20261070646broker reciprocity
3912 4th Street
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$849,900

0.6 miles away

broker reciprocity
MLS# 20261059097broker reciprocity
691 W Alexandrine Street
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$819,000

0.7 miles away

Property Summary

    1541 Elm Street Detroit MI is a Single Family for sale in Detroit, MI, 48216. It is listed for $899,000 and features 8 beds, 4 baths, and has approximately 3,980 square feet of living space, and was originally constructed in 2026. The current price per square foot is $226. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,248.

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