3742 W Grand Street Detroit, MI 48238
New
- Added:
- Mar 31, 2026
- Days on Market:
- 3
- Last Refresh:
- Apr 2 at 3:06 am
Property Features for 3742 W Grand Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Basement, Bathroom 4, Bedroom 4
- Parking
- 3
- Basement
- Full
- Standard status
- Active
- APN
- 14005724.
- Lot size
- 0.09 Acres
Taxes and HOA fees
- TaxYear
- 2025
- TaxDescription
- PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. N GRAND 355 ROBT OAKMANS LIVERNOIS & FORD HWY SUB L36 P2 PLATS, W C R 14/197 34 X 109
- TaxAnnualAmount
- 1168
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1926
- Number of units
- 3
- Building materials
- Brick
Listing agent John Wallen License #6501288962 (248) 755-1124
Listing office Michigan Dream Homes, LLC 26300 Ford Rd, Suite 164, Inkster, MI (313) 399-5398
Listing date Mar 31, 2026
MLS# 26013019
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Detroit Triplex with Rental Income
This triplex is located in one of Detroit's stable rental corridors. Two of the three units are currently rented, generating $2,100 per month. The third unit is vacant and ready to rent, with an estimated rental income of $700 to $900 per month, bringing the total potential rental income to $2,800 to $2,900. The property features a 3-bedroom main floor unit and two 1-bedroom units upstairs. The property has undergone a major recent renovation from roof to basement, including all three units. Durable hardwood oak floors are present throughout. The kitchens have been updated with expansive cabinetry and Corian countertops. All three units feature solid ceramic baths with newer fixtures. The property includes three gas and electric meters, three newer forced air furnaces, and three hot water heaters. Plumbing and electric panels and wiring have been updated throughout. There are 47 newer fiberglass and vinyl windows and steel doors. The lot size is 0.09 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.132965
- Latitude
- 42.391224
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex in Detroit with immediate rental income potential.
Where is this triplex located?
The property is located at 3742 W Grand Street Detroit, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High Rental Income Potential: Current income of $2,100 with potential to reach $2,800-$2,900, offering a **1.24% rent‑to‑value ratio**.; **Recent Major Renovation:** Property has undergone a complete renovation from roof to basement, including all 3 units.; Three Separate Units: Features a 3‑bedroom main floor unit and two 1‑bedroom units upstairs, providing diverse rental options.
