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Listed price in listed location currency (USD).
$465,000

420

MLS® 58050183735

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2467 sqft
Garage Yes
Taxes $8,136
Days Active 134
Lot Size 0.21 acres
Approx. Age 1942
Avg. Price Per Sqft $188
MLS® Number 58050183735

Property Address: 497 Neff Rd, Grosse Pointe, MI, 48230-1646

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

Description

Welcome to this prime two-family investment property offering exceptional income potential in a desirable neighborhood. Each spacious unit features two bedrooms, full bath, living room with fireplace, formal dining room, kitchen and Florida room off the rear. Second floor unit has small den off the living room. The open basement offers laundry facilities and additional storage. 1st floor has been leased for $1, 850.00. 2nd floor is currently leased at $1, 800/month. Situated on a 59 x 155 lot, this property provides off-street parking, a large backyard, and a three car garage, enhancing tenant appeal. Both units are metered separately for gas/electric utilities, tenants pay utilities and landlord pays the water. Perfectly positioned just minutes from the Village for shopping and dining, and the residents-only lakefront park with swimming pool, marina, kayak launch, playground, splash pad and picnic area, this property offers excellent access to city amenities and employment hubs with just a short distance to Downtown Detroit. Whether you're looking to expand your rental portfolio or seeking a live-in investment, this property delivers reliable returns and future value appreciation. Don't miss your chance to acquire a versatile, high-demand asset-schedule a private tour today! Seller to provide C of O.
MLS® Number58050183735
Laundry Level
Central VacNo
FireplaceNo
Acreage0.21
Exterior
GarageYes
Approx. Age1942
Basement
DrivewayThree Car Garage, Detached, Garage
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 1, 2025List Date
$465,000List Price
  • Commute

Commute

Starting Address
Destination Address
497 Neff Rd, Grosse Pointe, MI

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