# 1408 Lee Place, Detroit, MI 48206

> **TL;DR:** 43bd/29ba residential multi family, $399,000 ($20/sqft), built 1924, 19,686 sqft. Est. $1,729/mo. Listed 61 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $399,000 |
| Price/sqft | $20 |
| Bedrooms | 43 |
| Bathrooms | 29 full |
| Square Feet | 19,686 |
| Year Built | 1924 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 61 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,729 |
| **Total** | **$1,729** |

## Property Highlights

- Built in 1924
- 0.21 acre lot

## Description

### 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.

## Location

- **Address:** 1408 Lee Place, Detroit, MI 48206
- **County:** Wayne
- **Neighborhood:** Barbers Sub
- **Coordinates:** 42.374771, -83.091507
- **Google Maps:** https://www.google.com/maps?q=42.374771,-83.091507

## Listing Agent

- **Name:** Lawrence Else
- **Brokerage:** Realtyflo Inc
- **Phone:** (313) 466-7253
- **Email:** team@realtyflo.com

## Primary Photo

![1408 Lee Place - Primary Photo](http://lh.rdcpix.com/3a5893b9b2582e6e1e3477e4457e1e9cl-f4206558317r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/1408-lee-place-detroit-mi-48206-61020942)*

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**MLS#:** 20261020942 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1408-lee-place-detroit-mi-48206-61020942)

---

## Structured Data

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  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1408 Lee Place, Detroit, MI 48206",
  "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.",
  "url": "https://www.propertysimple.com/listing/1408-lee-place-detroit-mi-48206-61020942",
  "image": "http://lh.rdcpix.com/3a5893b9b2582e6e1e3477e4457e1e9cl-f4206558317r.jpg",
  "datePosted": "2026-06-19",
  "price": 399000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1408 Lee Place",
    "addressLocality": "Detroit",
    "addressRegion": "MI",
    "postalCode": "48206",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 42.374771,
    "longitude": -83.091507
  },
  "numberOfBedrooms": 43,
  "numberOfBathroomsTotal": 29,
  "numberOfFullBathrooms": 29,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 19686,
    "unitCode": "FTK"
  },
  "yearBuilt": 1924
}
```