3-Unit Triplex with Updated
New
For Sale
$212,000
3742 W Grand St, Detroit, MI 48238
Separate gas and electric meters serve the units, alongside updated furnaces, water heaters, plumbing, and electrical systems.
Property Size2,600 SF
Price / SF$81.54
Days on Market2
Property Features for 3742 W Grand St
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Oakman Blvd.
Units
Unit Mix
1 x 3BR, 2 x 1BR
Multifamily Units
3
Individually Metered Utilities
gas, electricity
Additional Details
Gross Income
$34,200
Tenant in Place
Yes
Building Details
Year Built
1926
Listing Agency:
Condell Wonder Land
(989) 539-2771
Listed By:
Beyond MI Realty
(989) 214-2240
Source:
Beyondmirealty
Added: Nov 3
Last Checked: Nov 3 at 5:07AM
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 Condell Wonder Land
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Investment Insights
Based on property information with market context.
At 3742 W Grand St in Detroit, this triplex contains a three-bedroom main-floor unit and two one-bedroom units upstairs. Renovations completed within the last two years include work to the roof, basement, and all three apartments. The roof has new wood underlayment, and hardwood oak flooring runs throughout. Two kitchens feature updated cabinetry and Corian counters; all three units have ceramic-tile baths with newer fixtures.
The property has three gas meters and three electric meters, as well as updated furnaces, water heaters, plumbing, electrical panels and wiring, windows, and doors. Basement features include three separate laundry-tub hookups and storage cages. The basement setup can also be kept separate for tenant use.
The property has three gas meters and three electric meters, as well as updated furnaces, water heaters, plumbing, electrical panels and wiring, windows, and doors. Basement features include three separate laundry-tub hookups and storage cages. The basement setup can also be kept separate for tenant use.
Key Highlights
- Three apartments: one 3‑bedroom unit and two 1‑bedroom units
- Renovations within the last 2 years include the roof, basement, and all 3 units
- Three gas meters and three electric meters
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Triplex - Separate gas and electric meters serve the units, alongside updated furnaces, water heaters, plumbing, and electrical systems.
Where is this triplex located?
The property is located at 3742 W Grand St Detroit, MI.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom unit and two 1‑bedroom units; Renovations within the last 2 years include the roof, basement, and all 3 units; Three gas meters and three electric meters
