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For sale
    • Price cut: $25K (5/21)
    $150,000

    2984 Leslie St, Detroit, MI 48238

    4beds
    2,256sqft
    : 
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    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $66/sqft
    $-- HOA

    What's special

    Classic brick multifamily propertySpacious unitsFacade improvementsPublic art
    Prime multifamily investment opportunity located in Detroit’s historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit’s residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015578, 20261015583, 20261015586, 20261015683
    120 days
    |
    222
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Gerisch 734-459-4700,

    KW Professionals 734-459-4700

    Source: Realcomp II,MLS#: 20261015577MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans, Window Units
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,256 sqft
      • Finished area above ground: 2,256

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Pool features: None
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 34 x 121.56
      Details
      • Parcel number: W12I004141S
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: OAKMANS ROBT CHERRY LANE
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $66/sqft
      • Tax assessed value: $28,300
      • Annual tax amount: $2,445
      • Date on market: 3/17/2026
      • Cumulative days on market: 183 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,255/mo

        Price history

        DateEventPrice
        5/21/2026Price change$150,000-14.3%$66/sqft
        Source: Realcomp II #20261024053 Report a problem
        3/17/2026Listed for sale$175,000$78/sqft
        Source: Realcomp II #20261015577 Report a problem
        2/16/2026Listing removed$175,000$78/sqft
        Source: Realcomp II #20251048161 Report a problem
        12/11/2025Listed for sale$175,000$78/sqft
        Source: Realcomp II #20251048161 Report a problem
        12/2/2025Pending sale$175,000$78/sqft
        Source: Realcomp II #20251048161 Report a problem
        10/23/2025Price change$175,000+272.3%$78/sqft
        Source: Realcomp II #20251048161 Report a problem
        3/28/2024Pending sale$47,000+9.3%$21/sqft
        Source: Realcomp II #20240014668 Report a problem
        3/24/2024Sold$43,000-8.5%$19/sqft
        Source: Realcomp II #20240014668 Report a problem
        3/8/2024Listed for sale$47,000+88%$21/sqft
        Source: Realcomp II #20240014668 Report a problem
        7/18/2020Listing removed$650
        Source: SMILEY MANAGEMENT LLC Report a problem
        7/15/2020Listed for rent$650
        Source: SMILEY MANAGEMENT LLC Report a problem
        3/17/2020Listing removed$650
        Source: SMILEY MANAGEMENT LLC Report a problem
        3/14/2020Listed for rent$650-45.8%
        Source: SMILEY MANAGEMENT LLC Report a problem
        2/10/2020Listing removed$1,200$1/sqft
        Source: SMILEY MANAGEMENT LLC Report a problem
        12/30/2019Price change$1,200+26.3%$1/sqft
        Source: SMILEY MANAGEMENT LLC Report a problem
        12/16/2019Price change$950+58.3%
        Source: SMILEY MANAGEMENT LLC Report a problem
        10/7/2019Listed for rent$600-50%
        Source: SMILEY MANAGEMENT LLC Report a problem
        8/22/2019Listing removed$1,200$1/sqft
        Source: SMILEY MANAGEMENT LLC Report a problem
        8/12/2019Price change$1,200-14.3%$1/sqft
        Source: SMILEY MANAGEMENT LLC Report a problem
        8/6/2019Listed for rent$1,400+133.3%$1/sqft
        Source: SMILEY MANAGEMENT LLC Report a problem
        5/26/2019Listing removed$600
        Source: SMILEY MANAGEMENT LLC Report a problem
        4/23/2019Listed for rent$600-25%
        Source: SMILEY MANAGEMENT LLC Report a problem
        12/20/2016Listing removed$800-11.1%
        Source: Smiley Management LLC Report a problem
        4/4/2016Listing removed$900+9.1%
        Source: Zillow Rental Network Report a problem
        3/5/2016Listed for rent$825
        Source: Smiley Management LLC Report a problem
        11/7/2006Sold$25,000+15.8%$11/sqft
        Source: Public Record Report a problem
        7/1/2005Sold$21,587$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $23,900 +25.1%
        2024-- $19,100 +17.9%
        2023-- $16,200 +23.7%
        2022-- $13,100 +7.4%
        2021-- $12,200
        2020$1,156 +72.5%$12,200 +6.1%
        2019$671 $11,500 +6.5%
        2018$671 $10,800 -2.7%
        2017-- $11,100 -57.3%
        2016$1,650 $26,000 +430.6%
        2015$1,650 +72.9%$4,900 -57.5%
        2013$954 -42.2%$11,541 -49.3%
        2010$1,650 $22,769 -12%
        2009-- $25,874 -10.5%
        2008-- $28,910
        2007-- $28,910 +5.5%
        2005$178 $27,403 +3%
        2004-- $26,605
        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.
        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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        Climate risks

        Neighborhood: Dexter-Linwood

        Getting around

        59 / 100
        Somewhat Walkable
        51 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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