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For sale
  • $1,200,000

    681 W Canfield St, Detroit, MI 48201

    8beds
    7,000sqft
    : 
    $9,936/mo
    Get pre-qualified
    Multi Family
    Built in 1910
    -- sqft lot
    $441,400 Zestimate®
    $171/sqft
    $-- HOA

    What's special

    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! 4230 3rd Street is included in the sale. This is the dedicated parking with 10 spaces that is supported by recorded easements and maintenance agreements, with documentation available upon request. Financial information, current rent roll and operating information available to qualified buyers upon request. Rental amounts reflected in the MLS are pro forma estimates only and are not representations of current or actual rental income. photos may be digitally enhanced, Information is deemed reliable, buyer to verify all information and data.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Parker 313-454-8608,

    S&P Realty 734-333-7219

    Source: Realcomp II,MLS#: 20261063150MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Forced Air, Natural Gas
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 7,000 sqft
      • Finished area above ground: 7,000

      Property

      Parking
      • Total spaces: 10
      • Parking features: Garage, Parking Lot, Paved
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 50 x 71.38
      Details
      • Parcel number: W04I000900S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Carriage House
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: CASS FARM SUB OF BLKS 97 & 98
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $171/sqft
      • Tax assessed value: $18,515
      • Annual tax amount: $3,960
      • Date on market: 8/12/2026
      • Cumulative days on market: 3 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Trade 1031 Exchange

        Estimated market value

        $441,400

        $362,000 - $530,000

        $2,549/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$1,200,000$171/sqft
        Source: Realcomp II #20261063150 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $292,700 +4.1%
        2024-- $281,300 +14.2%
        2023-- $246,400 +24.3%
        2022-- $198,300 +3.3%
        2021-- $191,900
        2020$70 +103.7%$191,900 +1.9%
        2019$35 $188,400 +47000%
        2018$35 $400
        2017-- $400 -95.1%
        2016$395 $8,100 -19.8%
        2015$395 -26.1%$10,100 -50.1%
        2013$534 +35.4%$20,256 -14%
        2010$395 $23,553
        2009-- $23,553
        2008-- $23,553
        2007-- $23,553 +5.5%
        2005$54 $22,325 +3%
        2004-- $21,675
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        94 / 100
        Walker's Paradise
        63 / 100
        Good Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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