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Multifamily
Property Photo

1561 W Grand Boulevard

Detroit, MI 48208
Square Ft.
2,662
$349,900
Turnkey, fully renovated triplex offering immediate income potential and attractive investment metrics in one of Detroit's rapidly improving neighborhoods. Located just minutes from Downtown Detroit, New Center, Henry Ford Hospital, Wayne State University, and major freeway access, this multifamily property is ideally positioned for both strong rental demand and long-term… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Realty Birmingham, [email protected], (248) 686-0024.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Multifamily
Square Ft.
2,662
Lot Size
0.12 Acres
Year Built
1912
MLS Number
20261038699
30 Days Snapshot Of 48208
$165k
-30%
(avg) sold price
5
-16%
homes sold
123
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 1 leased unit, 2 two-bedroom units, Built in 1912, Remodelled in 2026, Architectural style: Triplex, Brick, 2,662 total square feet, 2,662 combined square feet, 1,331 total basement square feet, Unit count: 3
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.12, Lot size dimensions: 40X125
Miscellaneous
Gross scheduled income: $24,000, Income projection: Actual, Monthly rental income: $1,200, Net operating income: $19,000, Operating expense: $5,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $695, Tax amount (winter): $868
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Garrett Blair
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Burton International Academy 313-596-3800 Public KG-8
Northwestern High School 313-596-0700 Public 9-12
Burton International Academy 313-596-3800 Public KG-8
Burton International Academy 313-596-3800 Public KG-8
Burton International Academy 313-596-3800 Public KG-8
Northwestern High School 313-596-0700 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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