485 E GRAND BLVD, Detroit, MI 48207 - MLS#20251013684

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Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$365,000

Est. payment - /mo

6 Baths

2,884 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $126

Subdivision More Than One Subdivision Involved

MLS Listing ID 20251013684

Style Colonial

Full Baths 4

Half Baths 2

Year Built 1912

Property Sub-Type MultiFamily

Property Description

Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with nine long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.

Location

State MI

County Wayne

Area Area05053Detwoodwardmcclellansomack

Rooms

Basement Full, Unfinished

Interior

Heating HotWater, NaturalGas

Exterior

Fence Fenced

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

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Listed by Charles A Siciliano of @properties Christie's Int'l R.E. Birmingham

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Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

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485 E GRAND BLVD Detroit, MI 48207

Coldwell Banker Town & Country Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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