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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1626 Gladstone St , Detroit, MI 48206
$390,000
Est. Payment: $866.67/mo
4 Bath
0.12 Acres
Status: active backup | Days on site: 54
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432651 - 403558
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Jim Blehm
Team Owner, Realtor®

House Description

Four-unit investment opportunity near Detroit’s New Center! Located at 1626 Gladstone, this vacant quadplex features two bedrooms and one full bathroom in each unit, for a total of eight bedrooms and four bathrooms.Three units have been recently renovated, giving the next owner a strong head start toward completing and operating the property. Renovations are still underway, and additional repairs and finishing work are needed throughout the building. With all four units currently vacant, the property offers flexibility for continued improvements, tenant placement, and future management.Conveniently located near Henry Ford Hospital, Wayne State University, New Center, and major Detroit thoroughfares. Property is being sold as-is. The buyer and buyer’s agent must independently verify all information, including property condition, unit count and configuration, measurements, square footage, zoning, potential income, rental requirements, and municipal requirements.

Highlights

Listed by Jasmine Broski , 734-757-5194 JP Dwellings , 734-757-5194. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.12

HOA Fee

Year Built

1920

County

Wayne

School District

Detroit

Listing ID

20261071411

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:4
Basement:Michigan Basement

Exterior Features

Principal Interest
$867
Taxes
$676
HOA
$0

Home Price

$390,000

Loan Details

30 yrs
0%

Down Payment

20%
$78,000
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Monthly Price:
$866.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $866.67 $676.42 $0.00 $1,543.08
Yearly $10,400.00 $8,117.00 $0.00 $18,517.00
Total $312,000.00 $243,510.00 $0.00 $555,510.00
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T18:23:34.000Z

© 2026 MichRIC