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Renovation-Ready Triplex with High Ceilings
For Sale
$259,900

744 W Grand Boulevard, Detroit, MI 48216

Triplex with very high ceilings, fireplaces, and hardwood floors under carpet, plus an unfinished basement and potential attic development.

Property SizeContact for details
Days on Market182

Property Features for 744 W Grand Boulevard

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 3
Listing Agency: Avenue Group Homes, LLC
Listed By: Theodius Cross
Source: Charterpropertiesgr
Added: Mar 13 Changed: Sep 8 Last Checked: Sep 9 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avenue Group Homes, LLC

Investment Insights

Based on property information with market context.

This renovation-needed triplex features very high ceilings and distinct, unique layouts across the townhome-style units. The first unit includes second-floor bedrooms, and both units have fireplaces with original wood-trim mantels, with hardwood floors preserved beneath the carpet. Additional configuration details include second-floor bedroom suites, an extra rental apartment, and a third-floor flat-roof attic with future development potential overlooking downtown Detroit. A full unfinished basement offers flexibility for storage and mechanical upgrades.

Located at 744 West Grand Boulevard in Detroit, the property is minutes to downtown Detroit and within walking distance (less than one mile) of the future Alumni-Fi Soccer Field (2027). It is also approximately 2.5 miles from Detroit and about one mile from Corktown and Central Station, with Campus Martius Park roughly one mile away.

Key Highlights

  • Triplex built in 1905 with very high ceilings and unique layouts across the townhomes
  • Fireplaces with original wood‑trim mantels, plus hardwood floors preserved beneath carpet
  • Full unfinished basement (with washer and gas dryer hookups) and space for storage and mechanical upgrades

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Law Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 48216, MI

5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with very high ceilings, fireplaces, and hardwood floors under carpet, plus an unfinished basement and potential attic development.
Where is this triplex located?
The property is located at 744 W Grand Boulevard Detroit, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Triplex built in 1905 with very high ceilings and unique layouts across the townhomes; Fireplaces with original wood‑trim mantels, plus hardwood floors preserved beneath carpet; Full unfinished basement (with washer and gas dryer hookups) and space for storage and mechanical upgrades
More about this property
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