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Jenn Smart

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1582 Cadillac , Detroit, MI 48214
$200,000
Est. Payment: $1,042.23/mo
5 Bed
2 Bath
2818 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Two side-by-side historic buildings in Detroit's East Village, offered together at $400,000 or individually at $200,000 each. The major structural work is behind you: new roofs, full demo, a rebuilt third floor, original fireplaces and woodwork preserved. Bring your architect and finish the story, two blocks from The Shepherd and Pewabic, on a tree-lined street where neighbors are restoring these old homes one by one. Two side-by-side historic buildings are waiting for someone with vision. Behind their brick facades, the bones of a grander era are still intact: original fireplaces, inlaid tile foyers, large pocket doors, hand-detailed paneling and wainscotting, all carefully preserved through a full interior demolition. Both buildings have a brand-new roof, both are gut-demoed and ready to build, and one has a fully rebuilt third floor. What's left is the best part: bringing them back to life. The buildings sit on original fieldstone foundations. The roof and the structural work up top are already handled, so your architect gets to focus on the vision. There is real structural work still ahead, including masonry repair, both porches to rebuild, and some second-floor framing to address, but it's defined, visible scope, not the hidden surprises that sink a rehab budget. At roughly 8,630 square feet across the two buildings, three full stories each, plus deep basements with the ceiling height to convert to additional living space, the possibilities are genuinely open. Restore them as a pair of grand single-family homes. Create a boutique collection of apartments. Live in one and lease the other. Out back, massive yards with alley access leave room for off-street parking and the kind of garden, patio, or gathering space that turns a building into a home. The stone base is proven and the structure is understood, so you're building on a known quantity, not guessing.

Highlights

Listed by Randall Fogelman , 313-378-4270 O'Connor Realty Detroit, LLC , 313-963-9891. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.14

Year Built

1908

County

Wayne

Area

Detroit (82001)

Neighborhood

Waterworks

School District

Detroit City School District

Listing ID

61026527

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:2
Above Ground Sq Ft:2818
Basement:Unfinished
Water:Public Water at Street

Exterior Features

Lot Dimensions:50X125
Sewer:Public At Street
Principal Interest
$1,042
Taxes
$477

Home Price

$200,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$40,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,042.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,042.23 $476.75 $0.00 $1,518.98
Yearly $12,506.73 $5,721.00 $0.00 $18,227.73
Total $375,202.01 $171,630.00 $0.00 $546,832.01
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Data last updated: 2026-09-02T07:12:09.900Z

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