1241 E WOODWARD HEIGHTS Boulevard Hazel Park, MI $ 2,000,000
1241 E WOODWARD HEIGHTS Boulevard
$ 2,000,000
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1241 E WOODWARD HEIGHTS Boulevard

Hazel Park, MI, 48030
$ 2,000,000
Bedrooms16 Baths16.0 Sq 12,192

Monthly Estimate*

$ 12,628

1241 E WOODWARD HEIGHTS Boulevard, Hazel Park, MI 48030 - Image 1
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1241 E WOODWARD HEIGHTS Boulevard, Hazel Park, MI 48030 - Image 9

Multi-Family Home for sale in Hazel Park, MI

for $2,000,000 with 16 bedrooms and 16 full baths. This 12,192 square foot home was built in 2019 on a lot size of 0.5.

Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. This Investment also offers potential as a great Condo Conversation project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

16

Full Bath

16

Property Type

Multi-Family

Taxes

$ 45,847

Style

Townhouse

Lot Size

0.5

Year Built

2019

Town/City

Hazel Park

County/Region

Oakland

MLS | Web ID

20261055689

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Architectural Style Townhouse
Pool Features None
Construction Materials BrickVeneer VinylSiding
Pets Allowed CatsOk DogsOk
Year Built 2019
Levels Two
Property Subtype MultiFamily
County Oakland
Net Operating Income 119392.0
Operating Expense 63575.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Rent Includes Sewer Water
Full Baths 16
Status Active
Directions Take John R to E. Woodward Heights (east bound)
City HazelParkCity_Oakland
Disclosures ConformstoZoning ProjectedIncome TaxesPartiallyHomesteadExempt
Senior Community Y/N N
High School District HazelPark
Zoning Description MultiFamily
Number Of Units Total 8
MLS Area Area02257HazelPark
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 8
Land Lease Y/N N
Tax Annual Amount 45847.79
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 504130
Expected Active Date 2026-07-19
Legal Description T1N R11E SEC 25 PART OF NE 1/4 BEG AT PT DIST W 1950.30 FT FROM E 1/4 COR TH W 136 FT TH N 00-15-30 W 159.35 FT TH N 89-44-30 E 63.50 FT TH N 00-15-30 W 1.65 FT TH N 89-44-30 E 72.50 FT TH S
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Exterior
Water Source Public
Total Parking 0.0
Foundation Details Slab
Spa N
Lot Dimensions 151x151
Lot Size Acres 0.5
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 12192.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 16
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Internal Only
Street Number 1 1241
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* Excluded Features
List By
Richard Brace

Listing Agent

Rlb Realty Limited Llc

Broker

(313) 550-2541

Phone

Affordability Calculator

$16,449
Per Month
77%
23%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
$3,821
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4909273 Elementary School
4909339 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2026$2,000,000 Listed Price

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1241 E WOODWARD HEIGHTS Boulevard, Hazel Park, MI, 48030 is a Multi-Family Home for sale at $2,000,000 with 12,192 sqft and a lot size of 0.5. 1241 E WOODWARD HEIGHTS Boulevard has 16 bedrooms, 16.0 baths, and was built in 2019. The property's zip code is 48030 which is in Hazel Park, MI