Back to search
900 E Grand Boulevard Detroit, MI $ 450,000
Share Save
$ 450,000 Get more info
900 E Grand Boulevard
$ 450,000
Back to search
Share Save

900 E Grand Boulevard

Detroit, MI, 48207
$ 450,000
Bedrooms-- Baths-- Sq 4,934

Monthly Estimate*

$ 2,807

900 E Grand Boulevard, Detroit, MI 48207 - Image 1
900 E Grand Boulevard, Detroit, MI 48207 - Image 2
900 E Grand Boulevard, Detroit, MI 48207 - Image 3
900 E Grand Boulevard, Detroit, MI 48207 - Image 4
900 E Grand Boulevard, Detroit, MI 48207 - Image 5
900 E Grand Boulevard, Detroit, MI 48207 - Image 6
900 E Grand Boulevard, Detroit, MI 48207 - Image 7
900 E Grand Boulevard, Detroit, MI 48207 - Image 8
900 E Grand Boulevard, Detroit, MI 48207 - Image 9
900 E Grand Boulevard, Detroit, MI 48207 - Image 10

Commercial Property for sale in Detroit, MI

for $450,000. This 4,934 square foot building was built in 1905 on a lot size of 0.3.

Fully-occupied 5-unit apartment building producing $62,400/year in gross rental income. Consisting of four 2-bedroom units (1,200 SF each) leased at $1,000/mo and one 3-bedroom (1,700 SF) leased at $1,200/mo. Landlord pays water; tenants pay gas and electric. Rents remain below market, providing strong upside potential in Detroit’s revitalizing Islandview / West Village corridor. Highlights • 100% occupancy with stable tenants • Below market rent – significant upside • Cap rate 8.3% with growth potential to 10% • Landlord only pays water – low expense ratio • Proximity to Belle Isle, Jefferson Corridor, and Downtown Detroit • Updated interiors and long-term tenant stability

See more
Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 5,510

Style

RealEstateOnly

Lot Size

0.3

Year Built

1905

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251047515
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WallWindowUnits
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Security Features CarbonMonoxideDetectors SmokeDetectors
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Year Built 1905
Electric Volts220
Levels Three
Property Subtype RealEstateOnly
Current Use MultiFamily Residential
Business Type Apartments Commercial Residential
County Wayne
Net Operating Income 46800.0
Operating Expense 15600.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ASSESSORS OF LTS 1 TO 65 INCL PT 66 ETC
Garage Y/N N
Building Features ProgrammableThermostat
Status Active
Directions Continue on M-3/Gratiot Ave. Take Mack Ave to E Grand Blvd
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Residential
Number Of Units Total 5
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 5
Land Lease Y/N N
Tax Annual Amount 5510.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 66000
Expected Active Date 2025-10-24
Legal Description E E GRAND BLVD 58 ASSESSORS PLAT OF PT OF PC 678 L66 P52 PLATS W C R 15/276 60 X 134
See more
Exterior
Fencing Fenced Perimeter
Parking Features ParkingLot OnSite
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 4934.0
Lot Dimensions 93.00X134.00
Lot Size Acres 0.3
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4934.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 900
See more
* Excluded Features
List By
Jiryes Jarrous

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 942-9007

Phone

Affordability Calculator

$3,267
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$459
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/8/2025$450,000 -4.26% Price Down
11/26/2025$470,000 -4.08% Price Down
10/23/2025$490,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

900 E Grand Boulevard, Detroit, MI, 48207 is a Commercial Property for sale at $450,000 with 4,934 sqft and a lot size of 0.3. 900 E Grand Boulevard was built in 1905. The property's zip code is 48207 which is in Detroit, MI

Get more info