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Image 1 - 1798 Wabash St, Detroit, Michigan, 48216 - House for sale
Image 2 - 1798 Wabash St, Detroit, Michigan, 48216 - House for sale
Image 3 - 1798 Wabash St, Detroit, Michigan, 48216 - House for sale
Image 4 - 1798 Wabash St, Detroit, Michigan, 48216 - House for sale
Wabash St, Detroit, Home For Sale
1798 Wabash St, Detroit, Michigan, 48216

Wabash St, Detroit, Home For Sale

house for sale
Listed: 07/05/24

1798 Wabash St, Detroit, Michigan, 48216

4 Bed:
1.5 Bath:
6,173 Sq Ft Living Area:
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Price
$ 1

About This House

Corktown's Hottest Property! Incredible Investment Opportunity - Listed at $1 - Make Your Offer Today! (estimated sale price $800k-$1.4m) Discover the unparalleled potential of 1798 Wabash, an extraordinary property strategically positioned in Detroit's dynamic Corktown district. Located steps away from the newly revitalized Michigan Central Station, recently renovated by Ford Motor Company, this property presents a once-in-a-lifetime chance to secure a prime piece of real estate at an incredible value. Highlights: Currently a non-conforming commercial use with it being zoned R2 under Detroit's Master Plan. This allows for single family or condo development. Expansive Space: Boasting over 6000 sqft of space, currently divided into 4 units, each equipped with 220-volt electricity. Potential for Growth: Expand to 6 units and explore …  Full description

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Corktown Housing & Living

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.