1574 & 1582 Cadillac Boulevard
Detroit, MI, 48214 $ 400,000
Bedrooms15 Baths10.0 Sq 7,424 Monthly Estimate*
$ 2,526
for $400,000 with 15 bedrooms and 10 full baths. This 7,424 square foot home was built in 1925 on a lot size of 0.28.
Two side-by-side historic buildings in Detroit's East Village, offered together at $400,000 or individually at $200,000 each. The major structural work is behind you: new roofs, full demo, a rebuilt third floor, original fireplaces and woodwork preserved. Bring your architect and finish the story, two blocks from The Shepherd and Pewabic, on a tree-lined street where neighbors are restoring these old homes one by one. Two side-by-side historic buildings are waiting for someone with vision. Behind their brick facades, the bones of a grander era are still intact: original fireplaces, inlaid tile foyers, large pocket doors, hand-detailed paneling and wainscotting, all carefully preserved through a full interior demolition. Both buildings have a brand-new roof, both are gut-demoed and ready to build, and one has a fully rebuilt third floor. What's left is the best part: bringing them back to life. The buildings sit on original fieldstone foundations. The roof and the structural work up top are already handled, so your architect gets to focus on the vision. There is real structural work still ahead, including masonry repair, both porches to rebuild, and some second-floor framing to address, but it's defined, visible scope, not the hidden surprises that sink a rehab budget. At roughly 8,630 square feet across the two buildings, three full stories each, plus deep basements with the ceiling height to convert to additional living space, the possibilities are genuinely open. Restore them as a pair of grand single-family homes. Create a boutique collection of apartments. Live in one and lease the other. Out back, massive yards with alley access leave room for off-street parking and the kind of garden, patio, or gathering space that turns a building into a home. The stone base is proven and the structure is understood, so you're building on a known quantity, not guessing.
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FeaturesGeneralSewer PublicSewer SewerAtStreet
Heating OtherHeatingSource
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Stone
Pets Allowed Yes
Year Built 1925
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 100000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WATERWORKS
Garage Y/N N
Full Baths 10
Status Active
Directions 1574 Cadillac
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 10
MLS Area Area05066DetMcclellanEastMackToShore
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 6730.0
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 Vacant
Tax Assessed Value 13000
Expected Active Date 2026-09-03
Legal Description E CADILLAC 13 WATERWORKS SUB L9 P91 PLATS W C R 19/33 50 X 125
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 7424.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 10
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ExteriorWater Source Public WateratStreet
Foundation Details Basement BrickMortar Stone
Spa N
Lot Dimensions 100X125
Lot Size Acres 0.28
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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* Excluded FeaturesList ByRandall S FogelmanListing Agent
O'connor Realty Detroit, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,526
- Monthly Property Taxes
- $561
- 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.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $259,991
Percent of Sale Price 35%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $400,000 | | Listed Price |