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. 4BEDROOM 2 UNIT DUPLEX, BUT POSSIBLE IF BUYER WANTS 4-Unit Multifamily investment opportunity in North Corktown! Located in the Heart of Downtown Detroit, This turnkey multi-family property features 2 identical units, each offering 4 Bedrooms, 2 full Baths on EACH LEVEL, 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 $12,000. 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:
Active
Beds:
0
Baths:
4
Type:
Single Family
Listed Date:
Jul 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 Aug 02, 2026
3,894
Single Family Listed
134
Avg DOM
84
Avg $ / SqFt
$149,386
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 $149,386.
1541 Elm Street
Detroit, MI
1541 Elm Street
Detroit, MI, 48216
$899,000
8 Beds
4 Baths
3,600 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. 4BEDROOM 2 UNIT DUPLEX, BUT POSSIBLE IF BUYER WANTS 4-Unit Multifamily investment opportunity in North Corktown! Located in the Heart of Downtown Detroit, This turnkey multi-family property features 2 identical units, each offering 4 Bedrooms, 2 full Baths on EACH LEVEL, 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 $12,000. 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:
Active
Beds:
8
Baths:
4
Type:
Single Family
Listed Date:
Jul 30, 2026
Finished Sq Ft:
3,600
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 Aug 02, 2026
3,894
Single Family Listed
134
Avg DOM
84
Avg $ / SqFt
$149,386
Avg List Price

Community

Subdivisions in Detroit

Similar Listings Nearby

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

$1,100,000

1.1 miles away

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

$1,050,000

0.8 miles away

broker reciprocity
MLS# 20261044815broker reciprocity
13233 La Salle Boulevard
Detroit, MI

$999,999

4.4 miles away

broker reciprocity
MLS# 20261025586broker reciprocity
12745 Lawton Street
Detroit, MI

$965,000

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broker reciprocity
MLS# 20261025584broker reciprocity
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Detroit, MI

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broker reciprocity
MLS# 20261025583broker reciprocity
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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 8 beds, 4 baths, and has approximately 3,600 square feet of living space, and was originally constructed in 2026. The current price per square foot is $250. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $149,386.

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