27-Unit Apartment
For Sale
$550,000
3931 McGraw Street, Detroit, MI 48208
Interconnected multifamily property with one-, two-, and three-bedroom apartment configurations in Detroit.
Property SizeContact for details
Days on Market88
Property Features for 3931 McGraw Street
General Information
Standard status
Active
Property subtype
Multi Family
Site & Location
Neighborhood
Chadsey Condon
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
27
Listing Agency:
Elite Urban Realty Professionals
(248) 419-1004
Listed By:
Antoine Hayes
(313) 915-8780
Source:
Corneliusteam
Added: Aug 8
Changed: Nov 2
Last Checked: Nov 3 at 6:08AM
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 Urban Realty Professionals
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Investment Insights
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Built in 1920, this 27-unit multifamily property at 3931 McGraw St. comprises four connected sections with a mix of one-, two-, and three-bedroom apartments. The varied layouts support households seeking different bedroom counts, including larger residences and units with space for offices, studies, or other multipurpose needs.
The property is positioned near Henry Ford Health’s Future of Health initiative, Ford’s Michigan Central innovation district, and the Junction McGraw industrial development. I-94 and I-96 provide access to Downtown Detroit, Midtown, Dearborn, major employment centers, the city’s stadium and entertainment district, and international bridges to Canada. The project is suited to a comprehensive redevelopment and rehabilitation program involving structural work, municipal approvals, construction financing, phased construction, and lease-up. BikeScore is 82, WalkScore is 64, and TransitScore is 41.
The property is positioned near Henry Ford Health’s Future of Health initiative, Ford’s Michigan Central innovation district, and the Junction McGraw industrial development. I-94 and I-96 provide access to Downtown Detroit, Midtown, Dearborn, major employment centers, the city’s stadium and entertainment district, and international bridges to Canada. The project is suited to a comprehensive redevelopment and rehabilitation program involving structural work, municipal approvals, construction financing, phased construction, and lease-up. BikeScore is 82, WalkScore is 64, and TransitScore is 41.
Key Highlights
- 27‑unit apartment property built in 1920
- Four connected sections with one-, two-, and three‑bedroom apartments
- Located at 3931 McGraw St, Detroit, MI 48208
Property Analytics
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Lease Details
27
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Interconnected multifamily property with one-, two-, and three-bedroom apartment configurations in Detroit.
Where is this apartment building located?
The property is located at 3931 McGraw Street Detroit, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 27‑unit apartment property built in 1920; Four connected sections with one-, two-, and three‑bedroom apartments; Located at 3931 McGraw St, Detroit, MI 48208
