1561 Webb Street Detroit, MI ^$ 199,000

1561 Webb Street

^$ 199,000

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Recently Listed

1561 Webb Street

Detroit, MI, 48206

^$ 199,000

Bedrooms-- Baths-- Sq 8,648

Monthly Estimate*

^$ 1,225

1561 Webb Street, Detroit, MI 48206 - Image 1

1561 Webb Street, Detroit, MI 48206 - Image 2

1561 Webb Street, Detroit, MI 48206 - Image 3

1561 Webb Street, Detroit, MI 48206 - Image 4

1561 Webb Street, Detroit, MI 48206 - Image 5

Commercial Property for sale in Detroit, MI

for $199,000. This 8,648 square foot building was built on a lot size of 0.36.

8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential. Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan. Projected market rents estimated between $950Ã¢â¬â$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.

Commercial Active

Price

^$ 199,000

Property Type

Commercial

Taxes

^$ 7,656

Style

Commercial/Industrial

Lot Size

0.36

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60968733

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Robert Oakmans Hamilton Blvd Sub MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Multi-Family Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Southfield and Grand river

City Detroit

Financial Terms Cash Conventional Exchange/Trade

Legal Description S WEBB W 36.2 FT ON N LINE BG W 35 FT ON S LINE 103 102&101 R OAKMANS HAMILTON BLVD SUB L29 P37 PLATS W C R 6/156 152.7 IRREG

DOM 11

Postal Code 48206

Price Per Sq Ft Total AG 23.01

Public Remarks 8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs

Exterior

Exterior Brick

Frontage 50

Lot Size Area 0.36

Lot Dimensions 153.00X102.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jennifer Aparicio-Zavalza

Listing Agent

Exp Realty Main

Broker

jennifer.aparicio-zavalza@exprealty.com

Affordability Calculator

$1,863

Per Month

Monthly Principal & Interest: $1,225
Monthly Property Taxes: $638
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$442,278

Percent of Sale Price 122%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/10/2026	$199,000		Listed Price

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1561 Webb Street, Detroit, MI, 48206 is a Commercial Property for sale at $199,000 with 8,648 sqft and a lot size of 0.36. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1561 Webb Street

Commercial Property for sale in Detroit, MI

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