For sale

Price cut: $21K (4/21)

$399,000

1408 Lee Pl, Detroit, MI 48206

43beds

19,686sqft

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Multi Family

Built in 1924

-- sqft lot

$-- Zestimate^®

$20/sqft

$-- HOA

What's special

Strategic corner location

*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.

98 days

342

36

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 43
Bathrooms: 2
Full bathrooms: 29

Heating

Forced Air, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 19,686 sqft
Finished area above ground: 19,686

Property

Features

Levels: Story 4 to 10
Pool features: None

Lot

Size: 9,147 Square Feet
Dimensions: 96.66 x 95.77

Details

Parcel number: W06I002129S
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Art Deco
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: BARBERS SUB

Location

Region: Detroit

Financial & listing details

Price per square foot: $20/sqft
Tax assessed value: $9,561
Annual tax amount: $2,261
Date on market: 4/1/2026
Cumulative days on market: 98 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,166/mo

Price history

Date	Event	Price
4/21/2026	Price change	$399,000-5%$20/sqft
Source: Realcomp II #20261020942 Report a problem
4/1/2026	Listed for sale	$420,000-30%$21/sqft
Source: Realcomp II #20261020942 Report a problem
12/15/2021	Listing removed	--
Source: Realcomp II #5050031398 Report a problem
5/27/2021	Pending sale	$600,000$30/sqft
Source: MiRealSource #50031398 Report a problem
2/14/2021	Price change	$600,000-40%$30/sqft
Source: Realcomp II #5050031398 Report a problem
12/30/2020	Listed for sale	$1,000,000$51/sqft
Source: MiRealSource #50031398 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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