$680,000
525 W Lafayette Boulevard
Detroit, MI, 48226
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.
Property Details
Price:
$680,000
MLS #:
20261009241
Status:
Active
Beds:
0
Baths:
3
Type:
Single Family
Listed Date:
Feb 11, 2026
Year Built:
1927
Schools
School District:
Detroit
Interior
Cooling
Central Air
Heating
Heat Pump
Exterior
Construction Materials
Brick, Stone
Financial
Taxes
$2,179
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Nov 10, 2026
3,922
Single Family Listed
140
Avg DOM
84
Avg $ / SqFt
$153,846
Avg List Price
Community
- Address525 W Lafayette Boulevard Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48226
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- Arthur Meyer Estate Subdivision
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
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- Berry Park
- Birwood Sub
- Blackstone Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Cass Farms
- Charles Engel Plats
- Chas Bewicks Sub
- College Drive
- COOPERS LEIGH G CADIEUX SEVEN
- Detroit City
- DEXTER BLVD SUB PLATS
- DORANS LA SALLE BLVD ANNEX PLATS
- Drennan & Seldons Regent Park 1
- EAST DETROIT DEVELOPMENT COS NO 1
- EDWARD J MINOCKS PLATS
- ENGEL CHARLES NO 1
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- FRISCHKORNS ESTATES PLATS
- FRISCHKORNS GRAND-DALE SUB
- Frischkorns Parkdale
- Garden Court
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- Radio
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- Roseland Park
- Rouge Outer Drive Also Pg 83
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- Rugby
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- Seven Mile Cadieux Sub 7
- SHADY LAWN SUB NO 1
- Shoreline East Condo
- Shorepointe Village
- SITERLET ESTATES
- Sloans Park Drive
- ST MARTINS PLATS
- State Fair-Nolan
- STORMFELTZ-LOVELEY CO SUB
- Strathmoor
- The Garden Add
- The Garden Add 2
- The Lofts at Rivertown
- The Partner Land Subdivision
- The Partners Land Subdivision
- Town Square Cooperative
- Village Square Condominums
- WARRENDALE PARKSIDE PLATS
- Wayne City
- Wayne county condo Plan 919 Garden Lofts
- Wayne County Condo Sub Plan 687 L37283 P83-127
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
- WD MARTIN & FAIRCHILDS
- WEST WARREN PARK
- Wildemere
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- WOODLAND PLATS
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Property Summary
- 525 W Lafayette Boulevard Detroit MI is a Single Family for sale in Detroit, MI, 48226. It is listed for $680,000 and features 0 beds, 3 baths, and has approximately 0 square feet of living space, and was originally constructed in 1927. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $153,846.

525 W Lafayette Boulevard
Detroit, MI

