Fantastic 4-Unit Investment Opportunity in Detroit’s LaSalle Park Community
Located in the rapidly developing LaSalle Park neighborhood, this 4-unit multi-family property offers an exceptional opportunity for investors. Each unit features 2 spacious bedrooms, 1 bathroom, hardwood floors, and its own private balcony porch. While the property does require rehab to reach top rental potential, its location within Detroit’s North End Empowerment Zone makes it a prime investment.
The area is flush with new developments, including modern condos and renovated multi-unit buildings, ensuring long-term growth and demand. With continued investment pouring into the neighborhood, this property is ideal for those looking to create a lucrative rental income or explore the possibilities of short-term rentals like Airbnb.
Don’t miss out on this chance to own a piece of Detroit’s growing real estate market!
Buyer to pay listing broker a $495 compliance fee
Sold for $149,900
$149,900
1975 Seward St, Detroit, MI 48206
8beds
3,250sqft
Multi Family
Built in 1916
-- sqft lot
$280,800 Zestimate®
$46/sqft
$1,459 Estimated rent
Home value
$280,800
$227,000 - $340,000
$1,459/mo
Zestimate® history
Owner options
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$1,459/mo
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$1,459/mo
Rent Zestimate®
Refinance and save
$1,107/mo
Est. payment
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$1,107/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Erick Howard 248-963-7048,
Amin Realty
Bought with:
Alex Lauer, 6502432421
Clyde Realty, LLC
Source: Realcomp II,MLS#: 20240070977
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,250 sqft
- Finished area above ground: 3,250
Property
Parking
- Total spaces: 10
- Parking features: Parking Lot, On Street
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 35.00 x 133.00
Details
- Parcel number: W08I001916S
- Zoning description: MultiFamily, Multiple
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Quadruplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: MC GREGORS (PLATS)
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $10,555
- Annual tax amount: $1,152
- Date on market: 9/20/2024
- Cumulative days on market: 25 days
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2024 | Pending sale | $149,900$46/sqft |
Source:  Realcomp II #20240070977 Report a problem | ||
| 11/22/2024 | Sold | $149,900$46/sqft |
Source: Realcomp II #20240070977 Report a problem | ||
| 9/20/2024 | Listed for sale | $149,900$46/sqft |
Source: Realcomp II #20240070977 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $37,500 +26.7% |
| 2024 | -- | $29,600 +23.3% |
| 2023 | -- | $24,000 +34.1% |
| 2022 | -- | $17,900 +14.7% |
| 2021 | -- | $15,600 |
| 2020 | $590 -48% | $15,600 +33.3% |
| 2019 | $1,136 | $11,700 +27.2% |
| 2018 | $1,136 | $9,200 -14.8% |
| 2017 | -- | $10,800 -63% |
| 2016 | $994 | $29,200 +102.8% |
| 2015 | $994 +12.3% | $14,400 -27.9% |
| 2013 | $885 -10.9% | $19,963 -30.2% |
| 2010 | $994 | $28,603 -12% |
| 2009 | -- | $32,503 -10.5% |
| 2008 | -- | $36,316 |
| 2007 | -- | $36,316 +5.5% |
| 2005 | $89 | $34,423 +3% |
| 2004 | -- | $33,420 |
Find assessor info on the county website
Neighborhood: LaSalle Gardens
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Nearby schools
GreatSchools rating
- 4/10Thirkell Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$280,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$280,800
- Michigan
- Wayne County
- Detroit
- 48206
- LaSalle Gardens
- 1975 Seward St
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