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For sale
  • $319,900

    4830 Grayton St, Detroit, MI 48224

    5beds
    2,922sqft
    : 
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    Multi Family
    Built in 1931
    -- sqft lot
    $312,600 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Hardwood floorsFridge and stoves included
    LARGE FIVE UNIT MULTI-FAMILY INVESTMENT PROPERTY! LOCATED IN DESIRABLE EAST ENGLISH VILLAGE, SOUTH OF E. WARREN AND WEST OF CADIUEX. UPDATES INCLUDE A NEW BOILER IN 2023, AND SELLER HAS DONE SOME RENOVATIONS THROUGH OUT THE BUILDING. THIS PROPERTY FEATURES FIVE 1 BEDROOM UNITS. EACH UNIT HAS ONE BEDROOM, BATHROOM, HARDWOOD FLOORS, FRIDGE AND STOVES INCLUDED. COIN OPERATED WASHER AND DRYER IN THE LAUNDRY FACILITY IN THE BASEMENT. ALL FIVE UNITS ARE CURRENTLY TENANTED. RENTS FOR EACH UNIT ARE AS FOLLOWS- APT 1S- 700- TENANT IS MONTH TO MONTH APT 1N- 700- TENANT IS MONTH TO MONTH APT 2N- 725- TENANT IN A LEASE UNTIL 5/29/26 APT 2S- 925 SECTION 8 TENANT IN A LEASE UNTIL 1/31/27 APT B AT 600 - TENANT IS IN A LEASE UNTIL 12/31/26. TENANTS PAY ELECTRIC AND COOKING GAS FOR EACH UNIT. OWNER IS RESPONSIBLE FOR GAS FOR HEAT, WATER, SEWER, SNOW REMOVAL AND LAWN MAINTENANCE. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. BUYER TO PAY A 295 PROCESSING FEE AT CLOSING.
    101 days
    |
    367
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Hutter 734-838-9197,

    Detroit Investment Company 734-838-9197

    Source: Realcomp II,MLS#: 20261016824MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Hot Water, Natural Gas, Radiant
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,922 sqft
      • Finished area above ground: 2,922

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Pool features: None
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 41 x 168
      Details
      • Parcel number: W21I073969S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1931

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $94,175
      • Annual tax amount: $7,978
      • Date on market: 3/16/2026
      • Cumulative days on market: 101 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        $312,600

        $297,000 - $328,000

        $1,491/mo

        Price history

        DateEventPrice
        5/8/2026Listed for sale$319,900$109/sqft
        Source: Realcomp II #20261016824 Report a problem
        4/27/2026Pending sale$319,900$109/sqft
        Source: Realcomp II #20261016824 Report a problem
        3/16/2026Listed for sale$319,900+6.6%$109/sqft
        Source: Realcomp II #20261016824 Report a problem
        7/18/2024Listing removed--
        Source: Realcomp II #20240007921 Report a problem
        6/20/2024Pending sale$300,000$103/sqft
        Source: Realcomp II #20240007921 Report a problem
        6/7/2024Listed for sale$300,000$103/sqft
        Source: Realcomp II #20240007921 Report a problem
        5/31/2024Pending sale$300,000$103/sqft
        Source: Realcomp II #20240007921 Report a problem
        4/17/2024Price change$300,000-15.5%$103/sqft
        Source: Realcomp II #20240007921 Report a problem
        3/15/2024Price change$355,000-5.1%$121/sqft
        Source: Realcomp II #20240007921 Report a problem
        2/8/2024Listed for sale$374,000-5.3%$128/sqft
        Source: Realcomp II #20240007921 Report a problem
        1/18/2024Listing removed--
        Source: Realcomp II #20230095903 Report a problem
        1/8/2024Price change$395,000-1%$135/sqft
        Source: Realcomp II #20230095903 Report a problem
        11/9/2023Listed for sale$399,000-6.1%$137/sqft
        Source: Realcomp II #20230095903 Report a problem
        7/27/2023Listing removed--
        Source: Realcomp II #20230031651 Report a problem
        4/26/2023Listed for sale$425,000+162.3%$145/sqft
        Source: Realcomp II #20230031651 Report a problem
        8/9/2019Sold$162,000$55/sqft
        Source: Public Record Report a problem
        6/24/2019Listed for sale$162,000+20%$55/sqft
        Source: NextHome Edge #219061532 Report a problem
        10/23/2014Sold$135,000-9.9%$46/sqft
        Source: MiRealSource #31185628 Report a problem
        3/26/2014Listed for sale$149,900$51/sqft
        Source: RE/MAX First #31185628 Report a problem
        1/1/2014Listing removed$149,900$51/sqft
        Source: RE/MAX First #31133537 Report a problem
        1/14/2012Price change$149,900-3.2%$51/sqft
        Source: Lakeview Real Estate #31086777 Report a problem
        11/5/2011Price change$154,900-11.4%$53/sqft
        Source: RE/MAX Associates #31039917 Report a problem
        1/16/2011Listed for sale$174,900$60/sqft
        Source: RE/MAX Associates #31039917 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $241,700 +27.5%
        2024-- $189,500 +35.4%
        2023-- $140,000 +55.9%
        2022-- $89,800 +13.5%
        2021-- $79,100
        2020$3,995 +159%$79,100 +32.3%
        2019$1,543 $59,800 +26.4%
        2018$1,543 $47,300 +18.3%
        2017-- $40,000 +181.7%
        2016$2,123 $14,200
        2015$2,123 +7.8%$14,200 -27.9%
        2013$1,969 -7.3%$19,688 -28%
        2010$2,123 $27,326 -18%
        2009-- $33,324 -14%
        2008-- $38,749 -5%
        2007-- $40,788 +5.5%
        2005$469 $38,662 +3%
        2004-- $37,536 +2.4%
        2001$3,052 +8.6%$36,650 +1.8%
        2000$2,809 $36,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: East English Village

        Getting around

        70 / 100
        Very Walkable
        45 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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