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Renovation-Ready Triplex with High Ceilings

744 W Grand Boulevard, Detroit, MI 48216

For Sale
$224,900
Pending

Triplex with very high ceilings, fireplaces, and hardwood floors under carpet, plus an unfinished basement and potential attic development.

Property SizeContact for details
Days on Market244

Property Features for 744 W Grand Boulevard

General Information

Standard status Pending
Property subtype Multi Family

Site & Location

Neighborhood Central Southwest

Additional Details

Multifamily Units 3
Listing Agency: Avenue Group Homes, LLC
Listed By: Theodius Cross
Source: Charterpropertiesgr
Added: Mar 13 Changed: Nov 10 Last Checked: Nov 10 at 8:02AM

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 Avenue Group Homes, LLC

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Investment Insights

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This renovation-needed triplex features very high ceilings and distinct, unique layouts across the townhome-style units. The first unit includes second-floor bedrooms, and both units have fireplaces with original wood-trim mantels, with hardwood floors preserved beneath the carpet. Additional configuration details include second-floor bedroom suites, an extra rental apartment, and a third-floor flat-roof attic with future development potential overlooking downtown Detroit. A full unfinished basement offers flexibility for storage and mechanical upgrades.

Located at 744 West Grand Boulevard in Detroit, the property is minutes to downtown Detroit and within walking distance (less than one mile) of the future Alumni-Fi Soccer Field (2027). It is also approximately 2.5 miles from Detroit and about one mile from Corktown and Central Station, with Campus Martius Park roughly one mile away.

Key Highlights

  • Triplex built in 1905 with very high ceilings and unique layouts across the townhomes
  • Fireplaces with original wood‑trim mantels, plus hardwood floors preserved beneath carpet
  • Full unfinished basement (with washer and gas dryer hookups) and space for storage and mechanical upgrades

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 48216, MI

5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
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Market

Average Price Trend$/SF for Triplexes in Detroit, MI

$105 Jul
$95.13 Aug
$97.96 Sep
$82.44 Oct

Properties on Market for Triplexes in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with very high ceilings, fireplaces, and hardwood floors under carpet, plus an unfinished basement and potential attic development.
Where is this triplex located?
The property is located at 744 W Grand Boulevard Detroit, MI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Triplex built in 1905 with very high ceilings and unique layouts across the townhomes; Fireplaces with original wood‑trim mantels, plus hardwood floors preserved beneath carpet; Full unfinished basement (with washer and gas dryer hookups) and space for storage and mechanical upgrades
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