2340 W Grand Street Detroit, MI ^$ 235,000

2340 W Grand Street

^$ 235,000

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Recently Listed

2340 W Grand Street

Detroit, MI, 48238

^$ 235,000

Bedrooms8 Baths4.0 Sq 3,420

Monthly Estimate*

^$ 1,484

2340 W Grand Street, Detroit, MI 48238 - Image 1

2340 W Grand Street, Detroit, MI 48238 - Image 2

2340 W Grand Street, Detroit, MI 48238 - Image 3

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2340 W Grand Street, Detroit, MI 48238 - Image 8

2340 W Grand Street, Detroit, MI 48238 - Image 9

Multi-Family Home for sale in Detroit, MI

for $235,000 with 8 bedrooms and 4 full baths. This 3,420 square foot home was built in 1926 on a lot size of 0.12.

Must-see four-unit building offering an excellent investment opportunity with plenty of potential. Each unit features 2 bedrooms and 1 bathroom, along with hardwood flooring and a full basement providing additional storage and utility space. The property does need some TLC and updating, but the size, four-unit layout, and existing features provide a solid foundation for someone looking to renovate and add value. With the right vision and improvements, this property has the potential to become a strong income-producing investment.

Multi-Family Active

Price

^$ 235,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,308

Style

Colonial

Lot Size

0.12

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50218425

Features

Interior

Interior Amenities Hardwood Floors

Basement Full

Beds 8

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1926

Subdivision Robert Oakmans Twelfth St MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Ownership Trust

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description N GRAND 233 R OAKMANS 12TH ST SUB L34 P90 PLATS W C R 8/145 48.47 X 105

DOM 3

Postal Code 48238

Price Per Sq Ft Total AG 68.71

Public Remarks Must-see four-unit building offering an excellent investment opportunity with plenty of potential. Each unit features 2 bedrooms and 1 bathroom

Exterior

Exterior Brick

Exterior Amenities Porch Exterior Balcony

Lot Size Area 0.12

Lot Dimensions 5227

Waterfront Y/N No

* Excluded Features

List By

Keelie Thomas

Listing Agent

Elite Real Estate Professionals, Inc.

Broker

soldbykeeliealdridge@gmail.com

Affordability Calculator

$1,843

Per Month

Monthly Principal & Interest: $1,484
Monthly Property Taxes: $359
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$248,479

Percent of Sale Price 6%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/13/2026	$235,000		Listed Price

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2340 W Grand Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $235,000 with 3,420 sqft and a lot size of 0.12. 2340 W Grand Street has 8 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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2340 W Grand Street

Multi-Family Home for sale in Detroit, MI

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