Listed By:
Berkshire Hathaway HomeServices The Loft Warehouse - 3136586400
Address
1450 6th Street, Detroit, MI
Price
$ 1,399,000
Property Attributes
  • ID#20261047847
  • TypeMulti-Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet South Of Grand River
  • NeighborhoodLABROSSE FARM
  • Zip48226
  • StyleCommon Entry Building,Historic
  • Year Built1906
  • Taxes$ 492
  • Price$ 1,399,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size0.42 Acres
Data Source:
RealComp
Property Description

A developer’s opportunity for immediate cashflow + vacant land for redevelopment - in burgeoning Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: (1) Triangle-shaped vacant land to the north (1500 6th); (2) a brick 4-unit, occupied, newer roof and boiler, all electrical and plumbing updated, additional upside to finish a former basement apartment, and includes the vacated Labrosse St (1450 6th) and (3) vacant land to the south of the structure (1440 6th). This location is in close proximity to the restaurants lining Michigan Avenue and one mile to Ford’s Michigan Central Innovation District. Half a block south on 6th street, two vacant office towers and multiple lots are being redeveloped into hotel, residential and retail. The offering is a half acre and combined under tax ID 06004564-743. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. Additional photos available upon request. Located in an NEZ-New/Rehab district (property tax abatement), and an Opportunity Zone.

Price History
6/26/2026 Listed $1,399,000

General Features

Sewer PublicSewer
Heating HotWater, NaturalGas
Possession SubjectToTenantRights
Roof WhiteRoof
Garage Spaces 0.0
Architectural Style CommonEntryBuilding, Historic
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1906
Levels Two
Property Subtype MultiFamily
Community Features Sidewalks
County Wayne
Net Operating Income 79200.0
Operating Expense 0.0
New Construction No
Property Type ResidentialIncome
HOA No
Attached Garage No
Subdivision Name LABROSSE FARM (DEEDS)
Garage Y/N No
Rent Includes Heat, Sewer, SnowRemoval, TrashCollection, Water, YardMaintenance
Full Baths 4
Status Active
Directions Michigan Ave to 6th St, head south, property is on the left
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist, ProjectedIncome, TaxesPartiallyHomesteadExempt
Senior Community Y/N No
High School District Detroit
Zoning Description Commercial, MultiFamily, Residential
Number Of Units Total 4
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N No
Number of Units Leased 2
Land Lease Y/N No
Tax Annual Amount 492.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 2853
Expected Active Date 2026-06-26
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description E SIXTH W 40 FT ON S LINE BG W 5 FT ON N LINE OF 6 N 84 FT OF 7 AND VAC LABROSSE ST ADJ BLK 53 LABROSSE FARM W 57.07 FT ON S LINE BG W 21.21 FT ON N LINE OF LOTS 10 & 11 TRIANG PT OF 9 BG W 15.12 FT

Interior Features

Basement Full, PartiallyFinished, WalkOutAccess
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Window Features EgressWindows
Fireplace Y/N No
Above Grade Finished Area 4200.0
Laundry Features InUnit
Below Grade Finished Area 800.0
WaterHeaterFuel NaturalGas
LivingAreaSource PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4

Exterior Features

Fencing FencingAllowed
Parking Features ParkingLot
Water Source Public
Foundation Details Basement, BrickMortar
Spa No
Lot Dimensions irregular
Lot Size Acres 0.42
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Berkshire Hathaway HomeServices The Loft Warehouse and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. 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 is updated as of September 21, 2026 8:25 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48226

Price
AVG $920K
$1.4M
Taxes
AVG $1,528
$492
Year Built
AVG 1915
1906
Visits
AVG 149
101
Data Provided by Inside Real Estate®