1251 E WOODWARD HEIGHTS Boulevard
Hazel Park, MI 48030
Multi Family · MLS # 20261055690 · Listing courtesy of RLB Realty Limited LLC
About this home
LENDER SUPPORTED CALL FOR OFFERS - NEW PRICE REDUCTION TO $2,600,000 Steeple Chase (1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 10-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.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Hazel Park
Over the last 90 days, 73 homes sold in Hazel Park for a median of $177,500, about $159 per square foot, and the typical one went under contract in 14 days. This home is listed at $2,600,000, or $165 per square foot, 4% above the city median, and has been on the market 75 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Hazel Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $51,622 a year. A buyer who lives here would pay about $39,316 to $85,377 a year once the taxable value resets after the sale, at the 2025 homestead rate of 65.02 mills for Hazel Park City and Hazel Park schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 8:18 PM.