$260,000
Detroit, MI 48216
MLS# 25052329
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Property Description
Prime Location for an AirBnB, Business offices! An outstanding opportunity for savvy investors or future owner-occupants — this multi-family, townhome-style property offers impressive income potential with 2 townhomes & upper-level studio apartments featuring private entrances. Untapped Potential The spacious third-floor attic, boasting high ceilings and a flat roof, is ready for development and offers stunning views of Downtown Detroit. Value-Add Opportunity While the property requires some repairs, it presents a fantastic canvas for upgrades that can significantly boost value and deliver strong long-term returns. Located 2.5 miles from Detroit, Campus Martius Park, 1 mile from Corktown, Central Station, Mexican Town, urban vibrant city life .
Details
Maps
Location Property Info
County: Wayne
Street #: 744
Street Direction: W
Street Name: Grand
Suffix: Boulevard
State: MI
Zip Code: 48216
Zip (4): 1003
Area: Wayne County - 100
OfficeContract Info
Status: Active
Current Price: $260,000
List Price: $260,000
Listing Date: 2025-10-10
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Lot Dimensions: 45 X 132
Year Built: 1905
New Construction: No
Road Frontage: 45
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
Waterfront: No
School District: Detroit
Association YN: No
Tax Info
Tax ID #: 12009800.
Taxable Value: 12437
SEV: 145700
For Tax Year: 2024
Seller's Annual Property Tax: 1584
Tax Year: 2024
Homestead %: 50
Spec Assessment & Ty: no
Remarks Misc
Directions: W of Downtown Detroit. I75 to W Grand Blvd. North to address. Coming from Dearborn to Detroit (Michigan Ave. / W. Grand Blvd. 5 miles,
turn right) or (I94 E to W. Grand Blvd. exit )
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Terms Available
Land Contract Down Payment: 0.15
Land Contract Terms (# Months): 12
Unit 1
Unit Description: Townhouse
Bedrooms: 2
Bathrooms: 3
Full Baths: 3
Unit 2
Unit Description: Townhouse
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Gas Dryer Hookup; In Basement; Washer Hookup
Exterior Material: Block; Brick
Roofing: Composition; Rubber; Other
Substructure: Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Extras: Sep Electric Meter
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas; Water
Heat Source: Natural Gas
Heat Type: Forced Air; Gravity
Air Conditioning: None
Driveway: Other
Street Type: Paved; Public
Mineral Rights: No; Unknown
Terms Available: Cash; Land Contract
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Fireplace
Unit 2: Fireplace
Listing Office: Waison Realty LLC
Listing Agent: Noemis Alvarez
Last Updated: December - 10 - 2025
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