2951 Leslie Street, Detroit City, MI 48238
OAKMANS ROBT CHERRY LANE · Wayne County
Key Facts
Description
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, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586, 20261015683
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1926
Living Area
2,800 sq ft
Lot Size
0.10 acres
Lot Dimensions
35X121.56
Garage Spaces
1
Days on Market
82
MLS® Listing#
20261024019
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Patio
Fencing
Construction
Foundation
Roof
Sewer
Water Source
Rooms
- Second
- Bedroom10 X 10Second
- Bedroom10 X 10
- Bedroom10 X 10Second
- Bedroom10 X 10
- Bedroom10 X 10
- Bedroom10 X 10Second
Financial Details
HOA
None
Annual Taxes
$2,883
Assessed Value
$39,074
Parcel Number
W12I004071S
Directions
From Davison head South on Dexter to Leslie. Head East onto Leslie. Home will be on the right.
Affordability Calculator
$35,000
Estimated monthly payment
$931/mo
Principal $140,000 · Est. interest $195,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $232,490
- Median Listing Price
- 58
- Median Days on Market
- 1,485
- Median Sq Ft
- $135
- Median Price / Sq Ft
- 14,130
- Active Listings
- This home’s price is 25% below the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Stewart Elementary School
Elementary · 0.2 mi away
Renaissance Head Start
School · 0.6 mi away
Central High School
Secondary · 0.6 mi away
Durfee Elementary Middle School
Elementary · 0.7 mi away
Mark Glazer Elementary School
Elementary · 0.8 mi away
New Paradigm Glazer Academy
School · 0.8 mi away
Hope Academy
School · 0.9 mi away
Detroit Job Corps Center
School · 0.9 mi away
Keidan Special Education Center
Elementary · 1.0 mi away
McKerrow School
School · 1.1 mi away
Joy Preparatory Academy
School · 1.2 mi away
Brady Elementary School
Elementary · 1.2 mi away
Thurgood Marshall Elementary Middle School
Elementary · 1.3 mi away
Mosque-El Hagg School
School · 1.3 mi away
University Prep Art & Design Elementary
Primary School · 1.6 mi away
Renaissance Head Start
Elementary · 1.6 mi away
Jamieson Elementary School
Elementary · 1.6 mi away
Allen Academy
School · 1.7 mi away
Hutchins Middle School
School · 1.7 mi away
Flagship Charter Academy
School · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3020 Highland Street, Muskegon Heights City, MI | $124,900 | 5 | 2 | 1,232 |
| 118 E Chestnut Street, Morenci City, MI | $124,900 | 5 | 1 | 1,416 |
| 15759 Indiana Street, Detroit City, MI | $125,000 | 5 | 2 | 1,606 |
| 9316 McKinney Street, Detroit City, MI | $125,000 | 5 | 1 | 1,408 |
| 1641 Beidler Street, Muskegon City, MI | $125,000 | 5 | 2 | 1,812 |
| 822 Jackson Street, Saginaw City, MI | $125,000 | 5 | 3 | 2,078 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: KW Professionals - 7344594700
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