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Detroit, MI, 48226 • Downtown • Wayne County
$312/sqft
-$9,000 since Mar 16, 2026
Down payment assistance available
3Beds
3Baths
2,209Sqft
1927Built
High Rise Style
Built 1927 · 99 years of history
FORT SHELBY HOTEL CONDO
Downtown
This home is getting attention
Listed 83 days ago · 745 views · 9 saves
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745 views
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9 saves
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83 days on market
Established listing
$312/sqft
Price per square foot
Condo · Built 1927 · Historic
Exceptional investment opportunity in the Fort Shelby Residences, located in the heart of Detroit’s Central Business District. This offering includes two high-floor condos situated just below the penthouse level. Both units are fully leased through July 2026, providing immediate and reliable cash flow. Residents benefit from the amenities of the Hilton DoubleTree Hotel located below the residences, including lobby reception, coffee shop, restaurant and bar, business and reception center, and fitness room. The residential floors sit above the hotel in the historic Albert Kahn tower, offering additional privacy. These units enjoy extremely low property taxes—less than $3,000 per unit per year—thanks to the NEZ-Rehab tax abatement in place through 2032. The HOA does not restrict long-term leasing; short-term rentals are not permitted. With continued development throughout West Downtown, including the Cambria Hotel, Water Square Apartments at the former Joe Louis site, and the Ralph C. Wilson Jr. Centennial Park, these condos are well-positioned for appreciation. As individual condominium units, they may also be sold separately in the future to maximize resale value.
Based on current rates
Est. 6.14% rate · 30yr fixed · $552,000 loan
Full calculator →Key facts and listing details
4 categories of property features
6 rooms detailed
Primary Bedroom
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2 schools rated nearby
Detroit, MI, 48226
2 events
Local context around this listing
Detroit, MI • Wayne County
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