485 E GRAND Boulevard
Detroit, MI, 48207
$365,000
Beds
5 Baths
0 SqFt
0.27 Acres
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$365,000
485 E GRAND Boulevard
Detroit, MI, 48207
MLS #20261052633 image #0
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 ten 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 #:
20261052633
Status:
Active
Beds:
0
Baths:
5
Type:
Single Family
Listed Date:
Jul 9, 2026
Lot Size:
11,761 sqft / 0.27 acres (approx)
Year Built:
1912
Detroit

Schools

School District:
Detroit

Interior

Heating
Hot Water

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$97,944
Taxes
$4,191
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Current real estate data for Single Family in Detroit as of Jul 17, 2026
3,911
Single Family Listed
141
Avg DOM
84
Avg $ / SqFt
$149,730
Avg List Price

Community

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Property Summary

    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, 5 baths, and has approximately 0 square feet of living space, and was originally constructed in 1912. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $149,730.
485 E GRAND Boulevard
Detroit, MI

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