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About This Home

This 43-bedroom, 29-bathroom residential multi family at 1408 Lee Place in Detroit, MI is listed for $399,000 ($20 per sqft). Built in 1924, the home offers 19,686 sqft of living space on a 0.21 acres lot.

Agent Description

*OPPORTUNITY!* 29 unit apartment building (15 one bedroom units and 14 two bedroom units) in strategic corner location in the Herman Kiefer sub just south of Boston Edison. Huge opportunity to bring this apartment building back to its former glory! Bring all offers and act fast! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc.

Key Features

  • Built in 1924
  • 0.21 acre lot

Property Details

29 full
1924

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

1408 Lee Place

Detroit, MI 48206

Barbers Sub

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 43-bedroom, 29-bathroom residential multi family at 1408 Lee Place is listed at $399,000 ($20/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.21 acre lot.

This property is listed by Lawrence Else and can be reached at (313) 466-7253 or team@realtyflo.com.

LE

Lawrence Else

Agent at Realtyflo Inc

(313) 466-7253

Listed by Realtyflo Inc · View on Broker Site

MLS# 20261020942· Source: listhub· Updated 61 days ago

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1408 Lee Place, Detroit, MI 48206

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