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
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 4
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1241 E WOODWARD HEIGHTS Boulevard, Hazel Park, MI 48030 - Image 9
Studio

Multi-Family Home for sale in Hazel Park, MI

for $2,000,000 with 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. 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 great 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

Studio

Full Bath

16

Property Type

Multi-Family

Taxes

$ 45,847

Style

Lot Size

0.5

Year Built

2019

Town/City

Hazel Park

County/Region

Oakland

MLS | Web ID

61012778

Features
General
Heating Forced Air
Cooling Central A/C
Possession At Close
Water Public Water
Status Active Active
Full Baths 16
Half Baths 0
Bathrooms 16
Year Built 2019
Water Heater Gas
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 119392
Ownership Private
Municipality Hazel Park
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Hazel Park (63257)
Primary City Hazel Park
Directions Take John R to E. Woodward Heights (east bound)
City Hazel Park
School District Hazel Park City School District
Financial Terms Cash Conventional
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
DOM 3
Postal Code 48030
Price Per Sq Ft Total AG 164.04
Public Remarks Steeple Chase (1241 & 1251 E. Woodward Heights Blvd. Hazel Park MI
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Exterior
Exterior Vinyl Siding
Frontage 100
Lot Size Area 0.5
Lot Dimensions 151x151
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 8
Fuel Type Natural Gas
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* Excluded Features
List By
Richard Brace

Listing Agent

Rlb Realty Limited Llc

Broker

rick.brace@berkadia.com

Email

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
760526 Elementary School
759670 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 is a studio with 16.0 baths and was built in 2019. The property's zip code is 48030 which is in Hazel Park, MI