16940 Log Cabin Street Detroit MI 48203 MLS #20251011838

16940 Log Cabin Street
Detroit, MI, 48203
$699,000
Beds
13 Baths
8,676 SqFt
0.35 Acres
Add
13-Unit Apartment Building – Turnkey Investment Opportunity – One-bedroom units, many featuring original hardwood floors. Newer roof and boiler, current Certificate of Compliance. Coin operated laundry in basement.
Tenants enjoy secure gated parking, well-kept common areas, and a spacious green lot for added outdoor space. Ideally located near public transit. Less than 10 minutes to Downtown, Ferndale, and the 8 Mile/Woodward corridor—home to major retailers, gyms, restaurants, and grocery stores. This is a smart, low-maintenance asset ready to perform, with additional upside. Comes with adjacent two car garage for storage or parking. Detroit property with Highland Park mailing address. Ideal for the city of Detroit PILOT program (payment in lieu of taxes) to reduce tax bill and create workforce housing. This listing includes additional parcels 16920 Log Cabin #08009542 and 16930 Log Cabin #08009543. ** Do not disturb tenants**

Property Details

Price:
$699,000
MLS #:
20251011838
Status:
Active
Beds:
0
Baths:
13
Address:
16940 Log Cabin Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
LOG CABIN HEIGHTS SUB
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Jun 26, 2025
State:
MI
Finished Sq Ft:
8,676
ZIP:
48203
Year Built:
1923
Ask a Question

See this Listing

Send
  

Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

More About Andrea

Mortgage Calculator

 

Schools

School District:
Detroit

Interior

Bathrooms
13 Full Bathrooms
Heating
Hot Water, Natural Gas
Laundry Features
Laundry Room

Exterior

Architectural Style
Common Entry Building
Construction Materials
Brick
Exterior Features
Lighting
Parking Features
Garage, Parking Lot, Paved, Unassigned
Parking Spots
10
Roof
Other
Security Features
Building Security

Financial

Net Operating Income
$134,476
Taxes
$53,822

Map

Community

Similar Listings Nearby

16940 Log Cabin Street
Detroit, MI