Four-unit investment opportunity near Detroit’s New Center! Located at 1626 Gladstone, this vacant quadplex features two bedrooms and one full bathroom in each unit, for a total of eight bedrooms and four bathrooms.
Three units have been recently renovated, giving the next owner a strong head start toward completing and operating the property. Renovations are still underway, and additional repairs and finishing work are needed throughout the building. With all four units currently vacant, the property offers flexibility for continued improvements, tenant placement, and future management.
Conveniently located near Henry Ford Hospital, Wayne State University, New Center, and major Detroit thoroughfares. Property is being sold as-is. The buyer and buyer’s agent must independently verify all information, including property condition, unit count and configuration, measurements, square footage, zoning, potential income, rental requirements, and municipal requirements.
For sale
Price cut: $34.9K (9/28)
$390,000
1626 Gladstone St, Detroit, MI 48206
8beds
3,320sqft
Multi Family
Built in 1920
-- sqft lot
$370,500 Zestimate®
$117/sqft
$-- HOA
What's special
- 35 days
- 205
- 24
Zillow last checked:
Listing updated:
Listed by:
Jasmine Broski 734-757-5194,
JP Dwellings 734-757-5194
Source: Realcomp II,MLS#: 20261071411
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,320 sqft
- Finished area above ground: 3,320
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 134.21
Details
- Parcel number: W08I002476S
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Quadruplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar, Michigan Basement
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Waterat Street
Community & HOA
Community
- Subdivision: STEPHENS SUB
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $47,652
- Annual tax amount: $8,117
- Date on market: 9/9/2026
- Cumulative days on market: 35 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$370,500
$352,000 - $389,000
$1,068/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $390,000-8.2%$117/sqft |
Source: | ||
| 9/9/2026 | Listed for sale | $424,900+11.8%$128/sqft |
Source: | ||
| 4/16/2026 | Listing removed | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 4/8/2026 | Listed for rent | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 8/26/2024 | Sold | $379,900$114/sqft |
Source: | ||
| 8/2/2024 | Pending sale | $379,900$114/sqft |
Source: | ||
| 7/17/2024 | Listed for sale | $379,900+11.1%$114/sqft |
Source: | ||
| 11/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/16/2023 | Listed for rent | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 7/29/2022 | Sold | $342,000-2.3%$103/sqft |
Source: Public Record Report a problem | ||
| 6/13/2022 | Pending sale | $350,000$105/sqft |
Source: | ||
| 6/12/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 5/11/2022 | Listed for sale | $350,000+20107.9%$105/sqft |
Source: | ||
| 1/12/2022 | Listed for rent | $1,295 |
Source: Zillow Rental Network_1 Report a problem | ||
| 4/19/2012 | Sold | $1,732$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $38,400 +26.7% |
| 2024 | -- | $30,300 +17.9% |
| 2023 | -- | $25,700 +33.9% |
| 2022 | -- | $19,200 +15% |
| 2021 | -- | $16,700 |
| 2020 | $1,164 -3.4% | $16,700 +31.5% |
| 2019 | $1,205 | $12,700 +25.7% |
| 2018 | $1,205 | $10,100 +3.1% |
| 2017 | -- | $9,800 -77.9% |
| 2016 | $1,052 | $44,300 +263.1% |
| 2015 | $1,052 +9.2% | $12,200 -28.1% |
| 2013 | $964 -8.4% | $16,966 -30.2% |
| 2010 | $1,052 | $24,309 -12% |
| 2009 | -- | $27,624 -10.5% |
| 2008 | -- | $30,865 |
| 2007 | -- | $30,865 +5.5% |
| 2005 | $97 | $29,256 +3% |
| 2004 | -- | $28,404 |
Find assessor info on the county website
Monthly payment
Est. payment








