Four-Unit Building with
For Sale
$235,000
2340 W Grand Street, Detroit, MI 48238
Older multifamily property with consistent unit layouts, hardwood flooring, and substantial basement storage requiring updates.
Property SizeContact for details
Days on Market54
Property Features for 2340 W Grand Street
General Information
Standard status
Active
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
The property does need some TLC and updating
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Listing Agency:
Elite Real Estate Professionals, Inc.
Listed By:
Keelie Thomas
(810) 333-2732
Source:
Blueowlprop
Added: Aug 14
Changed: Sep 25
Last Checked: Oct 5 at 6:00PM
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 Elite Real Estate Professionals, Inc.
Investment Insights
Based on property information with market context.
This four-unit multifamily building, constructed in 1926, offers a consistent layout across the property. Each residence contains 2 bedrooms and 1 bathroom, with hardwood flooring and a full basement that provides additional storage and utility space. The property requires TLC and updating, creating a renovation-focused asset with existing residential improvements in place.
Located at 2340 W Grand St in Detroit, the property records a Walk Score of 31, a Bike Score of 38, and a Transit Score of 50. Its four-unit configuration and repeated floor plans provide a straightforward physical layout for evaluating renovation work across the building.
Located at 2340 W Grand St in Detroit, the property records a Walk Score of 31, a Bike Score of 38, and a Transit Score of 50. Its four-unit configuration and repeated floor plans provide a straightforward physical layout for evaluating renovation work across the building.
Key Highlights
- Four‑unit multifamily building constructed in 1926
- Each unit includes 2 bedrooms and 1 bathroom
- Full basement beneath each unit provides storage and utility space
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Older multifamily property with consistent unit layouts, hardwood flooring, and substantial basement storage requiring updates.
Where is this quadplex located?
The property is located at 2340 W Grand Street Detroit, MI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Four‑unit multifamily building constructed in 1926; Each unit includes 2 bedrooms and 1 bathroom; Full basement beneath each unit provides storage and utility space
