USAMIDetroitMore Than One Subdivision Involved485 E Grand Blvd
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485 E Grand Blvd, Detroit, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$365,000

000

MLS® 20250031339

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 2884 sqft
Garage No
HOA Fees 
Taxes $4,191
Days Active 259
Approx. Age 1912
Avg. Price Per Sqft $126
MLS® Number 20250031339

Property Address: 485 E Grand Blvd, Detroit, MI, 48207-3636

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number20250031339
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1912
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2025List Date
$365,000List Price
  • Commute

Commute

Starting Address
Destination Address
485 E Grand Blvd, Detroit, MI

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