485 E GRAND Boulevard Detroit MI 48207 MLS #20251013684

485 E GRAND Boulevard
Detroit, MI, 48207
$365,000
Beds
6 Baths
2,884 SqFt
0.27 Acres
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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.

Property Details

Price:
$365,000
MLS #:
20251013684
Status:
Active
Beds:
0
Baths:
6
Type:
Single Family
Subtype:
Multi Family
Subdivision:
MORE THAN ONE SUBDIVISION INVOLVED
Neighborhood:
05053detwoodwardmcclellansomack
Listed Date:
Jul 2, 2025
Finished Sq Ft:
2,884
Year Built:
1912
Short Sale05053 – Det Woodward-mcclellan/so Mack05053detwoodwardmcclellansomackMore Than One Subdivision InvolvedDetroit

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Schools

School District:
Detroit

Interior

Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Heating
Hot Water, Natural Gas

Exterior

Architectural Style
Colonial
Construction Materials
Brick
Roof
Asphalt

Financial

Net Operating Income
$62,904
Taxes
$4,191

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Oct 17, 2025
3,428
Single Family Listed
110
Avg DOM
83
Avg $ / SqFt
$151,081
Avg List Price

Property Summary

    Located in the MORE THAN ONE SUBDIVISION INVOLVED subdivision, 485 E GRAND Boulevard Detroit MI is a Single Family for sale in Detroit, MI, 48207. It is listed for $365,000 and features 0 beds, 6 baths, and has approximately 2,884 square feet of living space, and was originally constructed in 1912. The current price per square foot is $127. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $151,081. To schedule a showing of MLS#20251013684 at 485 E GRAND Boulevard in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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