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16 Baths
12,192 sqft

$1,600,000

1241 E Woodward Heights Boulevard, Hazel Park MI, 48030 1557

Price per sqft$131.23
Built in2019
Property size12,192 sqft
Property typeResidential

Overview

Active

Listed Jul 19, 2026

Updated 2 weeks ago

LENDER SUPPORTED CALL FOR OFFERS - NEW PRICE REDUCTION TO $1,600,000 Steeple Chase (1241 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 8-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. This Investment also offers potential as a great Condo Conversion project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
61012778

Interior Features

Bathrooms
16
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.5 Acres

Other Property Details

Taxes
$45,848
Tax Frequency
Annually
MLS provider logo

Listed by Richard Brace with RLB Realty Limited LLC
Listing Contact: 313-550-2541 

Based on information originating from the MiRealSource as of 9/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 9/27/2026 at 3:20 AM UTC

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