Rare opportunity to own a meticulously maintained four-unit multifamily property on Historic West Canfield in the heart of Midtown Detroit. Originally built in 1910, this beautifully preserved carriage house offers approximately 7,000 square feet and features four spacious two-bedroom apartments. Three of the four units include private in-unit laundry, while the fourth is served by a common laundry area. Also three of four units are occupied, generating income from day one. The property has benefited from extensive capital improvements, including a newer roof, gutters, tuckpointing, newer vinyl replacement windows, updated plumbing, separate gas and electric meters, and modern mechanical systems. A newly constructed secure fenced and gated parking lot provides approximately 10 off-street parking spaces—a rare amenity in Midtown. Current rents are below market, presenting an outstanding value-add opportunity for investors seeking immediate upside through future lease renewals. Ideally located just steps from Mad Nice, Selden Standard, SheWolf, Awake Cafe, Oak & Reel, Whole Foods Market, and the Detroit Institute of Arts, with convenient access to Wayne State University, Detroit Medical Center, Children's Hospital of Michigan, Henry Ford Health, the QLINE, I-75, I-94, and Downtown Detroit. A turnkey investment in one of Detroit's most desirable and walkable neighborhoods offering strong long-term appreciation potential. Do not miss out on this rare opportunity! 4230 3rd Street is included in the sale. This is the dedicated parking with 9 spaces that is supported by recorded easements and maintenance agreements, with documentation available upon request. Financial information, current rent roll and operating information available to qualified buyers upon request. Rental amounts reflected in the MLS are pro forma estimates only and are not representations of current or actual rental income. photos may be digitally enhanced, Information is deemed reliable, buyer to verify all information and data.
For sale
Price cut: $200K (8/30)
$1,000,000
681 W Canfield St, Detroit, MI 48201
8beds
7,000sqft
Multi Family
Built in 1910
-- sqft lot
$907,200 Zestimate®
$143/sqft
$-- HOA
What's special
- 56 days
- 808
- 72
Zillow last checked:
Listing updated:
Listed by:
Shane Parker 313-454-8608,
S&P Realty 734-333-7219
Source: Realcomp II,MLS#: 20261063150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 7,000 sqft
- Finished area above ground: 7,000
Property
Parking
- Total spaces: 10
- Parking features: Garage, Parking Lot, Paved
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 50 x 71.38
Details
- Parcel number: W04I000900S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Carriage House
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: CASS FARM SUB OF BLKS 97 & 98
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $18,515
- Annual tax amount: $3,960
- Date on market: 8/12/2026
- Cumulative days on market: 56 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Trade 1031 Exchange
Estimated market value
$907,200
$862,000 - $953,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Price change | $1,000,000-16.7%$143/sqft |
Source: | ||
| 8/12/2026 | Listed for sale | $1,200,000$171/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $292,700 +4.1% |
| 2024 | -- | $281,300 +14.2% |
| 2023 | -- | $246,400 +24.3% |
| 2022 | -- | $198,300 +3.3% |
| 2021 | -- | $191,900 |
| 2020 | $70 +103.7% | $191,900 +1.9% |
| 2019 | $35 | $188,400 +47000% |
| 2018 | $35 | $400 |
| 2017 | -- | $400 -95.1% |
| 2016 | $395 | $8,100 -19.8% |
| 2015 | $395 -26.1% | $10,100 -50.1% |
| 2013 | $534 +35.4% | $20,256 -14% |
| 2010 | $395 | $23,553 |
| 2009 | -- | $23,553 |
| 2008 | -- | $23,553 |
| 2007 | -- | $23,553 +5.5% |
| 2005 | $54 | $22,325 +3% |
| 2004 | -- | $21,675 |
Find assessor info on the county website
Monthly payment
Est. payment








