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Three-Unit Multifamily Property
New
For Sale
$160,000

4253 W Grand St, Detroit, MI 48238

Separate gas and electric metering supports straightforward utility allocation.

Property Size2,600 SF
Price / SF$61.54
Days on Market5

Property Features for 4253 W Grand St

General Information

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

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1926
Listing Agency: Compass Realty
Listed By: Beyond MI Realty
Source: Beyondmirealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 7:21AM

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 Compass Realty

Investment Insights

Based on property information with market context.

Built in 1926, this triplex contains 2,600 square feet across three residential units. The main-floor apartment offers 3 bedrooms and 1 bath, while each of the two upper-level apartments includes 2 bedrooms and 1 bath. Every unit has a living room, dining room, and kitchen, creating a consistent functional layout throughout the property.

The property is separately metered for gas and electric. It is located near Davison, Livernois, and I-96, with restaurants, shopping, and other amenities within walking distance. The address is 4253 W Grand St, Detroit, MI 48238.

Key Highlights

  • Three‑unit triplex with one 3‑bedroom unit and two 2‑bedroom units
  • Main‑floor unit includes 3 bedrooms and 1 bath
  • Two upper‑level units each offer 2 bedrooms and 1 bath

Property Analytics

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Current Use

Triplexes

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

3
Residential units
Yes
Highway access
Yes
Utilities to site

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
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Frequently Asked Questions

What type of property is this?
Triplex - Separate gas and electric metering supports straightforward utility allocation.
Where is this triplex located?
The property is located at 4253 W Grand St Detroit, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Three‑unit triplex with one 3‑bedroom unit and two 2‑bedroom units; Main‑floor unit includes 3 bedrooms and 1 bath; Two upper‑level units each offer 2 bedrooms and 1 bath
More about this property
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