3931 McGraw Street Detroit MI 48208 MLS #20261060857

3931 McGraw Street
Detroit, MI, 48208
$550,000
Beds
27 Baths
24,255 SqFt
0.38 Acres
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MLS #20261060857 image #0
McGraw/Boulevard Lawn Apartments

Strategically positioned at McGraw Street and West Grand Boulevard, this four-section, interconnected multifamily complex offers exceptional redevelopment potential within an increasingly connected area of Detroit. The property sits between several of the city’s most significant investment districts, including Henry Ford Health’s $3 billion Future of Health initiative, Ford’s Michigan Central innovation district, and the advancing $62 million Junction McGraw industrial development. Access to I-94 and I-96 connects the site to Downtown, Midtown, Dearborn, major employment centers, Detroit’s stadium and entertainment district—including Ford Field, Comerica Park, and Little Caesars Arena—and the Ambassador and Gordie Howe international bridges to Canada.

The apartments offer varied configurations serving a broad range of household needs. A unit mix weighted toward three-bedroom apartments can accommodate families seeking larger rental housing. Generously sized two-bedroom units provide flexibility for residents who work from home or need office, study, or multipurpose space. One-bedroom apartments further broaden the tenant base and allow the development to serve multiple household sizes and price points.

This substantial redevelopment opportunity is ideally suited to a seasoned, well-capitalized developer with the experience and resources to execute a comprehensive, multi-phase rehabilitation. The project requires a sponsor capable of navigating structural rehabilitation, municipal approvals, construction financing, phased construction, and lease-up. For the right team, it presents an exceptional opportunity to reposition a distinctive 27-unit residential asset, create quality housing for Detroit’s missing-middle workforce, support broader workforce-development goals, and pursue nearby infill opportunities.

Buyer to independently verify all building measurements.

Property Details

Price:
$550,000
MLS #:
20261060857
Status:
Active
Beds:
0
Baths:
27
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
BELA HUBBARDS SUB L5 P46
Neighborhood:
area05101detsouthofgrandriver
Listed Date:
Aug 5, 2026
Finished Sq Ft:
24,255
Year Built:
1920
Short SaleOtherArea05101detsouthofgrandriverArea05101detsouthofgrandriverBela Hubbards Sub L5 P46DetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
24255
Bathrooms
27 Full Bathrooms
Heating
Natural Gas, Other Heating Source
Levels
Three

Exterior

Architectural Style
Other
Construction Materials
Brick, Stone
Parking Features
ParkingLot, Paved, SharedDriveway
Parking Spots
20
Parking Total
20
Patio And Porch Features
Deck

Financial

Taxes
$16,955

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Aug 08, 2026
3,825
Single Family Listed
124
Avg DOM
94
Avg $ / SqFt
$149,576
Avg List Price

Property Summary

    Located in the BELA HUBBARDS SUB L5 P46 subdivision, 3931 McGraw Street Detroit MI is a Single Family for sale in Detroit, MI, 48208. It is listed for $550,000 and features 0 beds, 27 baths, and has approximately 24,255 square feet of living space, and was originally constructed in 1920. The current price per square foot is $23. The average price per square foot for Single Family listings in Detroit is $94. The average listing price for Single Family in Detroit is $149,576. To schedule a showing of MLS#20261060857 at 3931 McGraw Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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