About 1561 Webb Street
8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential. Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan. Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
Features of 1561 Webb Street
| MLS® # | 20261008320 |
|---|---|
| Price | $199,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,648 |
| Acres | 0.36 |
| Year Built | 1916 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 1561 Webb Street |
|---|---|
| Area | 05043 - Det: Livernois-I75 6-Gd River |
| Subdivision | ROBERT OAKMANS HAMILTON BLVD SUB |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48206 |
Amenities
| Parking | Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Brick |
|---|---|
| Foundation | Basement, Block |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty Main |
|---|---|
| Contact Info | jennifer.aparicio-zavalza@exprealty.com |