USAMIHazel Park1241 E Woodward Heights Blvd
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New
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$1,500,000

For Sale

3 days ago

1241 E Woodward Heights Blvd, Hazel Park, MI

House

MLS® 20261044209

0 Bed

16 Bath

20250 sqft

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 20250 sqft
Garage Yes
Taxes $43,337
Days Active 2
Lot Size 0.5 Acres
Approx. Age 2019
Avg. Price Per Sqft $74
MLS® Number 20261044209

Property Address: 1241 E Woodward Heights Blvd, Hazel Park, MI, 48030-1557

Average square foot calculated using Size range provided by listing agent.

Description

MAJOR PRICE REDUCTION OF $220, 000! NOW OFFERED AT $1, 500, 000. Rare opportunity to acquire a stabilized 8 unit multifamily asset in Hazel Park, one of Metro Detroit's strongest rental submarkets. With deep tenant demand, low area vacancy, and a workforce housing profile that performs in every market cycle, this building is ideal for investors seeking dependable long term cash flow at a significantly improved basis. Portfolio buyers take note: the adjacent building will be coming to market soon, offering a chance to scale your position in this corridor with two assets side by side. The rent roll is supported by location: minutes from the I75 and I696 interchange, with major employment anchors nearby including the Amazon facility at 10 Mile and Dequindre, Corewell Health Royal Oak, the GM Tech Center in Warren, and downtown Detroit roughly 15 minutes south. Hazel Park's ongoing revitalization, including the growing restaurant and retail corridor along John R, continues to drive tenant demand and rent growth in the area. Residents are served by Hazel Park Schools including Webb Elementary, Hazel Park Junior High, and Hazel Park High School, plus parks, the recreation center, and the district library, amenities that support strong tenant retention and low turnover. Rent roll and financials available to qualified buyers. BATVAI
MLS® Number20261044209
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2019
Basement
DrivewayGarage, Parking Lot
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$1,500,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$1,720,000List Price
  • Commute

Commute

Starting Address
Destination Address
1241 E Woodward Heights Blvd, Hazel Park, MI

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