4830 Grayton Detroit, MI $ 319,900
4830 Grayton
$ 319,900
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4830 Grayton

Detroit, MI, 48224
$ 319,900
Baths5.0 Sq 2,922

Monthly Estimate*

$ 1,970

4830 Grayton, Detroit, MI 48224 - Image 1
4830 Grayton, Detroit, MI 48224 - Image 2
4830 Grayton, Detroit, MI 48224 - Image 3
4830 Grayton, Detroit, MI 48224 - Image 4
4830 Grayton, Detroit, MI 48224 - Image 5
Studio

Multi-Family Home for sale in Detroit, MI

for $319,900 with 5 full baths. This 2,922 square foot home was built in 1931 on a lot size of 0.16.

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- IN A LEASE UTNIL 5/29/26 , APT 2S- 925 SECTION 8 MONTH TO MONTH TENANT, AND 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.

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Multi-Family Active

Price

$ 319,900

Bedrooms

Studio

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,978

Style

Colonial

Lot Size

0.16

Year Built

1931

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60976414

Features
General
Heating Hot Water Radiant
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1931
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Detroit
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Just South Of E. Warren Avenue Two Blocks West Of Cadiux Road
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description E GRAYTON N 2 FT 9 ALL OF 8 AND W 9 FT VAC ALLEY ADJ ARTHUR J SCULLYS VOGT FARM SUB L50 P94 PLATS W C R 21/760 41 X 168.49A
DOM 0
Postal Code 48224
Price Per Sq Ft Total AG 109.48
Public Remarks 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
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Interior
Basement Block
Fireplace? No
Total Number of Units 5
Fuel Type Natural Gas
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Exterior
Exterior Brick
Exterior Amenities Porch
Frontage 41
Lot Size Area 0.16
Lot Dimensions 41 X 168
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Mark Hutter

Listing Agent

Detroit Investment Company

Broker

rmiller@detpro.com

Email

Affordability Calculator

$2,635
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$665
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$319,900 Listed Price

Map


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4830 Grayton, Detroit, MI, 48224 is a Multi-Family Home for sale at $319,900 with 2,922 sqft and a lot size of 0.16. 4830 Grayton is a studio with 5.0 baths and was built in 1931. The property's zip code is 48224 which is in Detroit, MI