$365,000

485 E GRAND Boulevard, Detroit, MI 48207

  • 6 baths |
  • 2,884 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $127/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Listing Office:
@properties Christie's Int'l R.E. Birmingham : 2488508632
Listing Agent:
Charles A Siciliano : 2483857788
MLS ID:
20251013684
  • Basement: FullUnfinished
  • Heating: Hot waterNatural gas
  • Style: Colonial
  • Other Structures: CoveredPorch
  • Pool: None
  • Roofing: Asphalt
  • General: BrickThreeBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: W E GRAND BLVD 6 F F PALMS SUB L25 P13 PLATSW C R 15/107 E 146.30 FT OF N 25.06 FT 25 J B MC KAYS SUB L333 P304 DEEDSW C R 15/152 80.06 X 146.30W15I008064S
  • Fencing: Fenced
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Charles A Siciliano, @properties Christie's Int'l R.E. Birmingham

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Garvey Academy

2301 Van Dyke St, Detroit, MI, 48214

Grades PK-8

0.40 miles away

G

Garvey Academy

2301 Van Dyke St, Detroit, MI, 48214

Grades PK-8

0.40 miles away

M

Martin Luther King Jr. Senior High School

3200 E Lafayette St, Detroit, MI, 48207

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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