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New Center Multifamily Home for Sale

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  • /95

    $639,900

    • 8 Beds
    • 4 Baths
    • 4,456 Sq Ft

    824 Delaware St, Detroit, MI 48202

    Welcome to 824 Delaware, a beautifully renovated 4-unit multifamily property located in between Detroit’s thriving New Center. Each spacious unit features 2 bedrooms, 1 full bathroom, formal dining room, kitchen, and a living room with a fireplace. This offers generous living space and modern comfort perfect for tenants seeking style and convenience.This turnkey property has been

    Valyncia Page Front Page Properties

    824 Delaware St, Detroit, MI 48202

Why Live in New Center

New Center in Detroit is a vibrant neighborhood known for its historic homes and elegant high-rise architecture. Residents appreciate the walkability and proximity to major employers like Henry Ford Hospital. The area boasts a variety of dining options along Woodward Avenue, including Joe Louis Southern Kitchen and Baobab Fare, recognized for its East African cuisine. Retail locations in the Fisher Building and New Center One, such as The Fashion Place and Pure Detroit, offer shopping opportunities. The Fisher Building, a landmark designed by Albert Kahn, houses the Fisher Theater, which hosts Broadway shows, making it a key point of interest. New Center Park offers outdoor movie nights in the summer, while Pallister Park provides green space with a jungle gym and sports fields. The neighborhood features a mix of American Foursquare and Arts and Crafts homes, along with condominiums and apartments. Studio condos start around $100,000, while more luxurious 3-bedroom units can be found from the mid $200,000s. The QLINE streetcar system connects residents to midtown and downtown Detroit, enhancing convenience. Detroit Metropolitan Wayne County Airport is less than 20 miles away, facilitating travel. While local schools have average ratings, Wayne State University is nearby, offering higher education opportunities. The neighborhood's blend of historic charm, modern amenities, and accessibility make it a dynamic place to live.

Home Trends in New Center, MI

Housing Trends

Median Sale Price
$144,900
Median Single Family Sale Price
$365,000
Median 2 Bedroom Sale Price
$120,000
Median 1 Bedroom Sale Price
$129,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
5
Last 12 months Home Sales
21
Months of Supply
2.90
Median List Price
$147,400
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-11%
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