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Brick Multifamily Property
For Sale
$40,000
Pending

1569 W Grand Blvd, Detroit, MI 48208

Brick multifamily property, exterior viewings only, occupants present.

Property Size2,872 SF
Days on Market108

Property Features for 1569 W Grand Blvd

General Information

Standard status Pending
Size 2,872 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $733

Building Details

Building Size 2,872 SF
Year Built 1915
Units 2
Listing Agency:
Listed By: LaTrina Spencer
Source: Elliman
Added: Apr 27 Changed: Aug 8 Last Checked: Jul 23 at 11:06AM

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 LaTrina Spencer

Investment Insights

Based on property information with market context.

This is a brick multifamily property. Exterior viewings are permitted, but interior showings are not available. The property is occupied, and the seller has no information on the current occupants and will not remove them. The seller assumes both units are occupied. The property is part of an estate and will need court approval. The bike score is 82, indicating it is very bikeable. The walk score is 64, indicating it is somewhat walkable. The transit score is 41, indicating some transit options are available. All measurements and information are estimated.

Key Highlights

  • Brick multi‑family property
  • BikeScore of 82 (very bikeable location)
  • Part of an estate (potential opportunity)

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Skin Care Clinic Barber Shop

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

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Brick multifamily property, exterior viewings only, occupants present.
Where is this multifamily property located?
The property is located at 1569 W Grand Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Brick multi‑family property; BikeScore of 82 (very bikeable location); Part of an estate (potential opportunity)
More about this property
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