681 W Canfield Street Detroit, MI 48201 1139
Listing Courtesy of: MIREALSOURCE / Listed By: S&P Realty

  681 W Canfield Street Detroit, MI 48201 1139

Active
$1,200,000 (USD)
5
BATH
7,000
SQFT

Description

Rare opportunity to own a meticulously maintained four-unit multifamily property on Historic West Canfield in the heart of Midtown Detroit. Originally built in 1910, this beautifully preserved carriage house offers approximately 7,000 square feet and features four spacious two-bedroom apartments. Three of the four units include private in-unit laundry, while the fourth is served by a common laundry area. Also three of four units are occupied, generating income from day one. The property has benefited from extensive capital improvements, including a newer roof, gutters, tuckpointing, newer vinyl replacement windows, updated plumbing, separate gas and electric meters, and modern mechanical systems. A newly constructed secure fenced and gated parking lot provides approximately 10 off-street parking spaces--a rare amenity in Midtown. Current rents are below market, presenting an outstanding value-add opportunity for investors seeking immediate upside through future lease renewals. Ideally located just steps from Mad Nice, Selden Standard, SheWolf, Awake Cafe, Oak & Reel, Whole Foods Market, and the Detroit Institute of Arts, with convenient access to Wayne State University, Detroit Medical Center, Children's Hospital of Michigan, Henry Ford Health, the QLINE, I-75, I-94, and Downtown Detroit. A turnkey investment in one of Detroit's most desirable and walkable neighborhoods offering strong long-term appreciation potential. Do not miss out on this rare opportunity! Dedicated parking is supported by recorded easement and maintenance agreements, with documentation available upon request. Financial information, rent roll and operating information available to qualified buyers upon request. photos may be digitally enhanced, Information is deemed reliable, buyer to verify all information and data.

MLS #:
61020366
Taxes
$3,960
Lot Size
4,356 SQFT
Type
Single-Family Home
Year Built
1910
School District
Detroit City School District
County
Wayne County
Community
Cass Farm Sub of Blks 97 & 98

Listed By

Shane Parker, S&P Realty
Source
MIREALSOURCE
Last checked Aug 12 2026 at 4:59 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Subdivision
  • Cass Farm Sub Of Blks 97 & 98
Property Features
  • Foundation: Slab
Heating and Cooling
  • Forced Air
Stories
  • 2
Living Area
  • 7,000 sqft
Location
   
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Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38