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.
For sale
$550,000
3931 McGraw St, Detroit, MI 48208
60beds
24,255sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$23/sqft
$-- HOA
What's special
- 63 days
- 478
- 36
Zillow last checked:
Listing updated:
Listed by:
Antoine Hayes 313-915-8780,
Elite Urban Realty Professionals 248-419-1004
Source: Realcomp II,MLS#: 20261060857
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 60
- Bathrooms: 27
- 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: 63 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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $550,000$23/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | -- | -- |
| 2016 | $7,536 | -- |
| 2015 | $7,536 | -- |
| 2008 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
