2984 Leslie St Detroit, MI 48238
Dexter-Linwood NeighborhoodEstimated payment $1,132/month
About This Home
Prime multifamily investment opportunity located in Detroit’s historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit’s residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015578, 20261015583, 20261015586, 20261015683
Home Details
Home Type
- Single Family
Year Built
- Built in 1926
Home Design
- Brick Exterior Construction
- Block Foundation
Additional Features
- Lot Dimensions are 34x121.56
- Ground Level
- Basement
Community Details
- Oakmans Robt Cherry Lane Subdivision
Listing and Financial Details
- Assessor Parcel Number W12I004141S
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,445 | $28,300 | $0 | $0 |
| 2024 | $539 | $23,900 | $0 | $0 |
| 2023 | $767 | $19,100 | $0 | $0 |
| 2022 | $802 | $16,200 | $0 | $0 |
| 2021 | $787 | $13,100 | $0 | $0 |
| 2020 | $787 | $12,200 | $0 | $0 |
| 2019 | $779 | $11,500 | $0 | $0 |
| 2018 | $625 | $10,800 | $0 | $0 |
| 2017 | $90 | $11,100 | $0 | $0 |
| 2016 | $673 | $26,000 | $0 | $0 |
| 2015 | $490 | $4,900 | $0 | $0 |
| 2013 | $954 | $11,541 | $0 | $0 |
| 2010 | -- | $22,769 | $963 | $21,806 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $175,000 | +307.0% | $78 / Sq Ft | |
| 03/24/2024 03/24/24 | Sold | $43,000 | -8.5% | $19 / Sq Ft | View Prior Sale |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- | |
| 03/08/2024 03/08/24 | For Sale | $47,000 | -- | $21 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $43,000 | Speedy Title & Escrow Services | |
| Land Contract | -- | None Available | |
| Quit Claim Deed | $250 | None Available | |
| Sheriffs Deed | $21,587 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $132,000 | New Conventional |
Source: Realcomp
MLS Number: 20261024053
APN: 12-004141
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.