*** 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.
For sale
$899,000
1541 Elm St, Detroit, MI 48216
8beds
3,600sqft
Duplex
Built in 2026
-- sqft lot
$870,500 Zestimate®
$250/sqft
$-- HOA
What's special
- 71 days |
- 475 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Briyana Jordan 616-469-7164,
Keller Williams Paint Creek 248-609-8000
Source: Realcomp II,MLS#: 20261016823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Dual Flush Toilets, ENERGYSTAR Qualified Doors, ENERGYSTAR Qualified Light Fixtures, High Speed Internet, Programmable Thermostat
- Windows: Energy Star Qualified Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 3,600 sqft
- Finished area above ground: 3,600
Property
Parking
- Total spaces: 8
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Pool features: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 115
Details
- Parcel number: W08I000759S
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex,Other
- Property subtype: Duplex
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available
Community & HOA
Community
- Subdivision: MC KEOWNS SUB
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $515
- Annual tax amount: $38
- Date on market: 3/23/2026
- Cumulative days on market: 71 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conventional,FHA
Estimated market value
Zestimate®
$870,500
Estimated sales range
$827,000 - $914,000
Rent Zestimate®
$2,366/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $899,000$250/sqft |
Source: | ||
| 5/12/2026 | Listing removed | $899,000$250/sqft |
Source: | ||
| 3/24/2026 | Listed for sale | $899,000$250/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $500 |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | $400 -20% |
| 2017 | -- | $500 -77.3% |
| 2016 | $26 | $2,200 +1000% |
| 2015 | $26 -22.4% | $200 -41.3% |
| 2013 | $34 +28.9% | $341 -12.1% |
| 2010 | $26 | $388 |
| 2009 | -- | $388 |
| 2008 | -- | $388 |
| 2007 | -- | $388 +5.4% |
| 2005 | $4 | $368 +3.1% |
| 2004 | -- | $357 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Briggs
Nearby schools
GreatSchools rating
- 4/10Burton International SchoolGrades: PK-8Distance: 0.4 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 2 mi
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