Skip main navigation
For sale
  • $550,000

    3931 McGraw St, Detroit, MI 48208

    60beds
    24,255sqft
    : 
    $4,698/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $23/sqft
    $-- HOA

    What's special

    McGraw/Boulevard Lawn Apartments Strategically positioned at McGraw Street and West Grand Boulevard, this four-section, interconnected multifamily complex offers exceptional redevelopment potential within an increasingly connected area of Detroit. The property sits between several of the city’s most significant investment districts, including Henry Ford Health’s $3 billion Future of Health initiative, Ford’s Michigan Central innovation district, and the advancing $62 million Junction McGraw industrial development. Access to I-94 and I-96 connects the site to Downtown, Midtown, Dearborn, major employment centers, Detroit’s stadium and entertainment district—including Ford Field, Comerica Park, and Little Caesars Arena—and the Ambassador and Gordie Howe international bridges to Canada. The apartments offer varied configurations serving a broad range of household needs. A unit mix weighted toward three-bedroom apartments can accommodate families seeking larger rental housing. Generously sized two-bedroom units provide flexibility for residents who work from home or need office, study, or multipurpose space. One-bedroom apartments further broaden the tenant base and allow the development to serve multiple household sizes and price points. This substantial redevelopment opportunity is ideally suited to a seasoned, well-capitalized developer with the experience and resources to execute a comprehensive, multi-phase rehabilitation. The project requires a sponsor capable of navigating structural rehabilitation, municipal approvals, construction financing, phased construction, and lease-up. For the right team, it presents an exceptional opportunity to reposition a distinctive 27-unit residential asset, create quality housing for Detroit’s missing-middle workforce, support broader workforce-development goals, and pursue nearby infill opportunities. Buyer to independently verify all building measurements.
    16 days
    |
    439
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Antoine Hayes 313-915-8780,

    Elite Urban Realty Professionals 248-419-1004

    Source: Realcomp II,MLS#: 20261060857MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 60
      • Bathrooms: 3
      • Full bathrooms: 27
      Heating
      • Natural Gas, Other Heating Source
      Features
      • Basement: Common,Full,Interior Entry,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 24,255 sqft
      • Finished area above ground: 24,255

      Property

      Parking
      • Total spaces: 20
      • Parking features: Parking Lot, Paved, Shared Driveway
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Deck
      • Pool features: None
      Lot
      • Size: 0.38 Acres
      • Dimensions: 127 x 130
      Details
      • Parcel number: W14I008027S001
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Brick, Stone
      • Foundation: Basement, Brick Mortar
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Separate Meters

      Community & HOA

      Community
      • Subdivision: BELA HUBBARDS SUB L5 P46
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $23/sqft
      • Tax assessed value: $89,843
      • Annual tax amount: $16,955
      • Date on market: 8/5/2026
      • Cumulative days on market: 16 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Warranty Deed
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,083/mo

        Price history

        DateEventPrice
        8/6/2026Listed for sale$550,000$23/sqft
        Source: Realcomp II #20261060857 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017-- --
        2016$7,536 --
        2015$7,536 --
        2008-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midwest

        Getting around

        46 / 100
        Car-Dependent
        52 / 100
        Good Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts