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Multifamily Property with Woodwork
For Sale
$59,900

4237 W Grand St, Detroit, MI 48238

Original architectural details and a spacious backyard distinguish this Detroit property.

Property Size2,600 SF
Price / SF$23.04
Days on Market30

Property Features for 4237 W Grand St

General Information

Standard status Active
Size 2,600 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1926
Listing Agency: RE/MAX Team 2000
Listed By: Sam Hantosh · License #6501348723
Source: Premiermichiganhomesearch
Added: Aug 16 Changed: Sep 2 Last Checked: Sep 13 at 3:03PM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

Located at 4237 W Grand Street in Detroit’s 48238 ZIP code, this multifamily property features a generous interior layout with original woodwork and large windows. The window placement brings substantial natural light into the residence, while the backyard adds outdoor space. The property is being sold as-is.

The home is situated in the Russell Woods-Sullivan area on a tree-lined street. Major expressways, local parks, and dining areas in nearby neighborhoods are within close proximity, providing access to established recreational and community amenities. The property’s architectural character, outdoor space, and Detroit location offer a distinctive multifamily asset for review.

Key Highlights

  • Original woodwork and other architectural details
  • Expansive windows provide abundant natural light
  • Spacious backyard included

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Electrical Service Hair Salon HVAC Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Original architectural details and a spacious backyard distinguish this Detroit property.
Where is this multifamily property located?
The property is located at 4237 W Grand St Detroit, MI.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Original woodwork and other architectural details; Expansive windows provide abundant natural light; Spacious backyard included
More about this property
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