MI
Wayne
Detroit City
48207
900 E Grand Boulevard
900 E Grand Boulevard, Detroit City, MI 48207
Share Listing
Listing Type
Multi Family
Listing Status
Active
10
$450,000

Home Details for 900 E Grand Boulevard

Price
$450,000
Type
Residential Income
Bedrooms
11
Bathrooms
5.0
Square feet
6534
Year built
1905
Lot size acres
0.29
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
2
MLS Listing#
20251047064
Property Description

5 Unit Apartment building!! 100% Occupied Exceptional income-producing opportunity in Detroit’s revitalizing Islandview and West Village corridor. This fully occupied 5-unit multifamily building generates $62,400 in annual gross rental income. The property consists of four spacious 2-bedroom units, each approximately 1,200 square feet, and leased at $1,000 per month, along with one large 3-bedroom unit of 1,700 square feet leased at $1,200 per month. The landlord pays only for water, while tenants cover gas and electricity, keeping expenses low and returns strong. Current rents remain below market, providing a significant opportunity to increase income as the Detroit rental market continues to strengthen. With a cap rate of 8.3% and potential growth up to 10%, this property offers impressive performance and long-term upside. Situated in a vibrant neighborhood near Sonora Missionary Baptist Church, the Detroit Waldorf School, and the Butzel Family Recreation Center, it’s ideally located for tenants seeking convenience and community. Call today to schedule your private tour and secure your next great investment.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Window Unit(s)
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Parking Lot
    • Shared Driveway
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
Listing Courtesy: Century 21 Curran & Oberski - 313-274-7200
Michigan Regional Information Center logo IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2025 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
Request more details
Code: