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Multi-Unit Investment Property for Sale in Detroit
Exceptional opportunity to own a multi-unit residential property in a prime Detroit location with tremendous upside potential. Rich in character, the building features beautifully preserved original wood finishes, multiple fireplaces, spacious open living areas, and a blend of classic architecture with select modern opportunity, including some vinyl windows and a bathroom already updated.
Outside, a gated rear parking slab provides added convenience for residents. Ideally located just west of Corktown, close to the Detroit River, and just minutes from New Center neighborhood where the $3 billion Future of Health development is planned; a landmark joint venture between Henry Ford Health, Michigan State University, and the Detroit Pistons organization. When complete, this project will add a 1.2 million sq ft hospital tower, a 335,000 sq ft research center, and 662 new mixed-income apartments within short distance of this property. The demand that follows that kind of institutional investment — healthcare workers, university staff, researchers, and support personnel means that this property offers an outstanding opportunity for investors or owner-occupants looking to bring their vision to life in one of Detroit's most sought-after areas.
For sale
Price cut: $35K (9/21)
$224,900
744 W Grand Blvd, Detroit, MI 48216
7beds
4,625sqft
Duplex
Built in 1905
-- sqft lot
$-- Zestimate®
$49/sqft
$-- HOA
What's special
- 50 days
- 583
- 63
Zillow last checked:
Listing updated:
Listed by:
Theodius Cross 313-680-5226,
Avenue Group Homes, LLC 248-630-3099
Source: Realcomp II,MLS#: 20261066404
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 4,625 sqft
- Finished area above ground: 4,625
Property
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 45 x 132
Details
- Parcel number: W12I009800S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: GROSFIELD & SCHULTES SUB OF E PT OF PC 78PLATS
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $12,772
- Annual tax amount: $2,573
- Date on market: 8/25/2026
- Cumulative days on market: 50 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $224,900-13.5%$49/sqft |
Source: | ||
| 8/25/2026 | Listed for sale | $259,9000%$56/sqft |
Source: | ||
| 4/9/2026 | Listing removed | $260,000$56/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $260,000-35%$56/sqft |
Source: | ||
| 6/14/2024 | Listing removed | $400,000$86/sqft |
Source: | ||
| 5/22/2024 | Listed for sale | $400,000$86/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $123,100 +32.5% |
| 2024 | -- | $92,900 +16% |
| 2023 | -- | $80,100 +107.5% |
| 2022 | -- | $38,600 +6.6% |
| 2021 | -- | $36,200 |
| 2020 | $1,697 +52.2% | $36,200 +24.8% |
| 2019 | $1,115 | $29,000 +10.7% |
| 2018 | $1,115 | $26,200 +6.1% |
| 2017 | -- | $24,700 -61.2% |
| 2016 | $953 | $63,600 +357.6% |
| 2015 | $953 +1.5% | $13,900 -10% |
| 2013 | $939 -1.5% | $15,450 -30.2% |
| 2010 | $953 | $22,137 -12% |
| 2009 | -- | $25,156 -10.5% |
| 2008 | -- | $28,107 |
| 2007 | -- | $28,107 +5.5% |
| 2005 | $94 | $26,642 +232.4% |
| 2004 | -- | $8,016 |
Find assessor info on the county website
Monthly payment
Est. payment






