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    251 S OAKWOOD Detroit, MI $ 199,900
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    $ 199,900 Get more info
    251 S OAKWOOD
    $ 199,900
    Back to search
    Share Save

    251 S OAKWOOD

    Detroit, MI, 48217
    $ 199,900
    Bedrooms-- Baths-- Sq 2,142

    Monthly Estimate*

    $ 1,329

    251 S OAKWOOD, Detroit, MI 48217 - Image 1

    Commercial Property for sale in Detroit, MI

    for $199,900. This 2,142 square foot building was built in 1912 on a lot size of 0.08.

    This mixed-use property in Detroit features one commercial unit and two residential units, sitting on five lots with ample room for expansion. Ideal for adding more retail shops or converting into an apartment building, it offers endless potential for investors or developers. High-traffic location with strong demand—don’t miss this versatile opportunity!

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    Commercial Active

    Price

    $ 199,900

    Property Type

    Commercial

    Taxes

    $ 856

    Style

    RealEstateOnly

    Lot Size

    0.08

    Year Built

    1912

    Town/City

    Detroit

    County/Region

    Wayne

    MLS | Web ID

    20250009628
    Features
    Interior
    Interior Amenities []
    Basement (Y/N) Y
    Air Conditioning Y/N Y
    Heating Y/N Y
    Fireplace Y/N N
    Above Grade Finished Area 2142.0
    Total Bedrooms 0
    General
    Sewer PublicSewer
    Heating ForcedAir
    Cooling CentralAir
    Possession AtClose
    Appliances []
    Architectural Style []
    Construction Materials Brick
    Year Built 1912
    Levels One
    Property Subtype RealEstateOnly
    Current Use MixedUse MultiFamily Retail
    Business Type []
    County Wayne
    Net Operating Income 999999.0
    Operating Expense 999999.0
    New Construction N
    Property Type CommercialSale
    Association Amenities []
    HOA N
    Attached Garage N
    Subdivision Name OAKWOOD SUB
    Garage Y/N N
    Building Features []
    Status Active
    Directions S POWELL E OAKWOOD
    City DetroitCity_Wayne
    Disclosures []
    Senior Community Y/N N
    High School District Detroit
    Zoning Description Commercial MultiFamily Office Residential
    MLS Area Area05101DetSouthOfGrandRiver
    Lot Size Units Acres
    Waterfront Y/N N
    Carport Y/N N
    Electric On Property Y/N N
    Land Lease Y/N N
    Tax Annual Amount 856.0
    Home Warranty Y/N N
    Lease Renewal Y/N N
    Additional Parcels Y/N N
    Lease Considered Y/N N
    Rent Control Y/N N
    Standard Status Active
    Occupancy Type Owner
    Tax Assessed Value 8968
    TaxOtherAnnualAssessmentAmount 100.0
    Expected Active Date 2025-02-12
    Legal Description S OAKWOOD 171 OAKWOOD L13 P36 PLATS W C R 20/401 30 X 120
    Exterior
    Parking Features []
    Lot Features []
    Water Source ThirdPartyUnknown
    Lot Size Area 0.08
    Foundation Details Basement Block
    Spa N
    Building Area Total 1890.0
    Lot Dimensions 30.00 x 120.00
    Lot Size Acres 0.08
    Road Frontage Type Paved
    Crops Included Y/N N
    Open Parking Y/N N
    Horse Y/N N
    Irrigation Water Rights Y/N N
    Internal Only
    Street Number 1 251
    * Excluded Features
    List By
    Almokdad Abdo

    Listing Agent

    Keller Williams Legacy

    Broker

    (313) 918-4991

    Phone

    Affordability Calculator

    $1,400
    Per Month
    95%
    5%
    0%
    Monthly Principal & Interest
    $1,329
    Monthly Property Taxes
    $71
    Monthly Home Insurance
    --
    Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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    Nearby
    848539 Elementary School
    848135 Middle School
    Unknown High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    2/13/2025$199,900 Listed Price

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    251 S OAKWOOD, Detroit, MI, 48217 is a Commercial Property for sale at $199,900 with 2,142 sqft and a lot size of 0.08. 251 S OAKWOOD was built in 1912. The property's zip code is 48217 which is in Detroit, MI

    Get more info