$701

closing credit¹

2302 W Grand St Detroit, MI 48238

$59,000
0.1 acres
Multi-Family

Property details

About 2302 W Grand St

Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:4 UNIT WITH 2 BDRMS EACHLocation: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentive

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.11 Acres
Year built1925
MLS #81024034687

Summary

  • MLS Number: 81024034687
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: Detroit Metro Realty
  • Office Phone: (313) 488-5585
  • Listing Agent: Kingsley Ifezue

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$59,000

2302 W Grand St

$701

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$7,400$-
2023$6,100$-
2022$4,400$-

History based on county public records data.

Nearby schools

1

George Washington Carver Elementary School

Public Charter PK-4

1.2 mi

14510 2nd Ave

2

University Preparatory Art Design Elementary School

Public Charter KG-5

1.5 mi

10225 3rd St

3

Bagley Elementary School of Journalism and Technology

Public District PK-6

2.6 mi

8100 Curtis St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,203. The most common annual income of people living in Detroit, MI is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

68%
<35k
25%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

67%
Single, No Kids
25%
Single, with Kids
4%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2302 W Grand St in Detroit, MI and zip code 48238 in the Midtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2024 and is currently priced at $59,000.

In January 2025 more than 76 listings in Detroit, MI were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 192 were sold below. The number of homes for sale in Detroit, MI increased by 8.7% between December and January 2025. In January 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $87,445.

From Rocket Homes Real Estate and based on county public records data.

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