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    Grosse Pointe, MI Residential Income Properties for Sale

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    Grosse Pointe Park, MI Grosse Pointe Woods, MI Detroit, MI
    7 listings
    Turnkey Four-Unit Residential Income
    $1,295,000
    6,958 SF
    Turnkey Four-Unit Residential Income

    515 Neff Road, Grosse Pointe, MI 48230

    Four fully updated residences with two flat-style and two townhome-style layouts, offered together as a single property.
    • Four updated rental units at 515, 517, 521, and 523 Neff Road: two 2BR/1BA flats plus two 4BR/2.5BA townhomes.
    • Extensively refreshed interiors with fresh paint, updated lighting, new carpeting in carpeted areas, numerous new appliances, and brand‑new windows and sliding doors.
    • Units 515 and 517: upper and lower flats with 2 bedrooms, 1 full bath, eat‑in kitchens, and separate laundry/storage in the shared basement; shared garage access.
    • Units 521 and 523: side‑by‑side townhomes with fireplaces, half baths on main level, 4 bedrooms, 2 full baths upstairs, and a second‑floor bonus room.
    • Each townhome includes a private basement and an attached one‑car garage; upper units have balcony/porch space and some walkout balcony porches.
    Updated: Jun 11
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    Duplex with Detached 2-Car Garage
    $414,000
    2,154 SF
    Duplex with Detached 2-Car Garage

    451 Saint Clair Avenue, Grosse Pointe, MI 48230

    Two-unit duplex with a detached 2-car garage, featuring one owner-occupied unit and one vacant unit for immediate occupancy.
    • Multifamily home at 451 Saint Clair with a lower unit and an upper unit
    • Lower unit is currently owner‑occupied; upper unit is vacant and ready for immediate occupancy or rental
    • Built in 1910 with forced‑air heating
    • Public water service
    • Detached 2‑car garage provides parking and additional storage
    Updated: May 29
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    Updated Duplex with Garages and Basements
    $400,000
    2,196 SF
    Updated Duplex with Garages and Basements

    Well-updated side-by-side duplex units each feature in-unit laundry, fireplaces, garages, and outdoor patio space.

    296-298 Rivard Boulevard, Grosse Pointe, MI 48230

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    Corner Lot Duplex with Three-Car Garage
    $649,000
    Corner Lot Duplex with Three-Car Garage

    Duplex with separate utilities, updated kitchens, and a waterproofed basement for flexible owner-occupant or rental use.

    620 Neff Rd, Grosse Pointe, MI 48230

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    Duplex with Detached Two-Car Garage
    $414,000
    Duplex with Detached Two-Car Garage

    A well-maintained duplex with an owner-occupied lower unit, a vacant upper unit, and a detached two-car garage.

    451 Saint Clair Ave, Grosse Pointe, MI 48230

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    Updated Duplex Near The Village
    $499,000
    Updated Duplex Near The Village

    Charming 2-unit building with updates and convenient location.

    513 Saint Clair Ave, Grosse Pointe, MI 48230

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    Spacious Two-Family Home in Grosse Pointe
    $535,000
    3,712 SF
    Spacious Two-Family Home in Grosse Pointe

    Large, well-maintained two-family home in desirable Windmill Pointe location.

    905 907 HARCOURT Road, Grosse Pointe, MI 48230

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Grosse Pointe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Grosse Pointe Park Investment Opportunity
    $425,000
    2,538 SF
    Grosse Pointe Park Investment Opportunity

    Furnished investment property in a desirable, walkable rental market.

    925 Nottingham Road, Grosse Pointe Park, MI 48230

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    Charming Tudor Duplex in GPP
    $615,000
    Charming Tudor Duplex in GPP

    Spacious duplex with original details in a prime location.

    943 Harcourt Rd, Grosse Pointe Park, MI 48230

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    Turnkey Multifamily Investment Opportunity
    $200,000
    Turnkey Multifamily Investment Opportunity

    Income-producing property with Section 8 tenant, generating immediate rental income.

    3920 Devonshire Rd, Detroit, MI 48224

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    Renovated Multifamily Asset Near Grosse
    $1,000,000
    8,400 SF
    Renovated Multifamily Asset Near Grosse

    Renovated 14-unit apartment building near Grosse Pointe border.

    15771 Mack Ave, Detroit, MI 48224

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Bundle in Detroit
    Contact for pricing
    0.08 Acres
    Residential Land Bundle in Detroit

    Land bundle in Detroit's North End neighborhood, near key locations.

    259 MOUNT VERNON Avenue, Detroit, MI 48202

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    Seven-Lot Planned Development Parcel
    $350,000
    1,420 SF
    Seven-Lot Planned Development Parcel

    A seven-lot development site with six contiguous parcels and utilities, including a brick structure with plumbing and electrical.

    2500 Alter Road, Detroit, MI 48215

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    Residential Lots Bundle in Detroit
    Contact for pricing
    0.08 Acres
    Residential Lots Bundle in Detroit

    Seven residential lots in prime Detroit location for sale.

    2568 ALTER Road, Detroit, MI 48215

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    Residential Land in Jefferson Chalmers
    Contact for pricing
    0.08 Acres
    Residential Land in Jefferson Chalmers

    Land for infill building in Detroit's Jefferson Chalmers NEZ.

    877 MANISTIQUE Street, Detroit, MI 48215

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    Grosse Pointe, MI Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Grosse Pointe, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 15,020 square feet of properties for sale, with an estimated market value of $2,644,000.

    Sale prices for residential income properties in Grosse Pointe, MI start at $400,000, averaging $661,000, and reaching up to $1,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 9
    Duplexes 8
    Quadplexes 1

    Demographics Overview

    Population 98K
    Population Growth (5Y) -2.7%
    Median Household Income $85,838
    College Educated 64.6%

    High-Yield Neighborhoods for Investment

    Identify Grosse Pointe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48230 $445.5K

    Taxes & Financing

    Tax Rate (average for all types) 5.33%
    Property Tax per SF $15.56 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Grosse Pointe, MI

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