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    744 W Grand Blvd Detroit, MI 48216

    New
    For Sale
    $260,000

    MULTI_FAMILY - Detroit, MI

    Lot size:
    0.14 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 744 W Grand Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    4
    APN
    12009800.
    Parking
    4
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Gravity, Forced Air

    Building Details

    Year built
    1905
    Number of units
    2
    Building materials
    Block, Brick
    Roof type
    Rubber, Composition

    Waison Realty LLC (313) 208-2653

    Listing agent Noemis Alvarez (313) 334-2193

    Listing date Dec 10, 2025

    MLS# 25052329 Listing URL

    Copyright © 2025 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

    Multi-Family Townhome in Detroit

    This multi-family, townhome-style property in Detroit, Michigan, offers income potential with two townhomes and upper-level studio apartments, each featuring private entrances. The property is located approximately 2.5 miles from Campus Martius Park and 1 mile from Corktown, Central Station, and Mexican Town. The third-floor attic, characterized by high ceilings and a flat roof, presents a development opportunity with views of Downtown Detroit. The 0.14-acre property requires some repairs and offers a canvas for upgrades. The location is suitable for an AirBnB or business offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.093225
    Latitude
    42.329282

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    FAQs

    What type of property is this?
    Apartment building - Multi-family property with income potential and development opportunity.
    Where is this apartment building located?
    The property is located at 744 W Grand Blvd Detroit, MI.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - High income potential with 2 townhomes and upper-level studio apartments featuring private entrances.; - Prime location near Downtown Detroit (2.5 miles), Campus Martius Park, Corktown, Central Station, and Mexican Town.; - **Untapped potential with a spacious third-floor attic ready for development, offering high ceilings, a flat roof, and stunning views of Downtown Detroit.**
    (313) 334-2193
    Request Owner's contact information
    744 W Grand Blvd Detroit, MI 48216
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    Detroit, MI 48216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    744 W Grand Blvd Detroit, MI 48216
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