#20250010069, Jason B Rivers, Listing Office: EXP Realty Main
2945 W Grand St Detroit, MI 48238
Property details
About 2945 W Grand St
MULTIPLE OFFERS RECEIVED HIGHEST AND BEST MONDAY AT 5PM. WELCOME TO 2945 W GRAND ST, LOCATED NEAR THE VIBRANT NEIGHBORHOODS OF BOSTON EDISON, HIGHLAND PARK, AND NEW CENTER. THIS FULLY UPDATED FOUR-UNIT PROPERTY IS PERFECT FOR INVESTORS OR HOUSE HACKERS LOOKING TO MAXIMIZE RETURNS. EACH UNIT FEATURES 2 BEDROOMS AND 1 BATHROOM, OFFERING COMFORTABLE AND AFFORDABLE LIVING SPACES THAT ATTRACT RELIABLE TENANTS. THE PROPERTY HAS UNDERGONE EXTENSIVE RENOVATIONS, INCLUDING A BRAND-NEW ROOF, UPDATED PLUMBING AND ELECTRICAL SYSTEMS, NEW FURNACES, AND HOT WATER TANKS. KITCHENS HAVE BEEN MODERNIZED WITH NEW CABINETS, COUNTERTOPS, AND VINYL FLOORING, WHILE FRESH CARPET AND FINISHES COMPLETE THE INTERIOR UPGRADES. ADDITIONALLY, A NEW 6-INCH MAIN DRAIN CLEANOUT HAS BEEN INSTALLED IN THE BACKYARD, ENSURING PEACE OF MIND FOR YEARS TO COME. THIS PROPERTY IS ALREADY INCOME-PRODUCING, WITH FOUR UNITS CURRENTLY RENTED THROUGH SECTION 8 BRINGING IN 4201 PER MONTH . THIS IS A FANTASTIC OPPORTUNITY TO GROW YOUR PORTFOLIO IN DETROIT’S THRIVING RENTAL MARKET.
Highlights
Summary
- MLS Number: 20250009652
- MLS Name: Realcomp II Ltd
- Office Name: Downtown Realty
- Office Phone: (313) 466-7253
- Listing Agent: Marta Kopania
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Last updated on: 3/15/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,995
2945 W Grand St
$3,562
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 20, 2019 | Home Sold | $100,000 |
Dec 03, 2018 | Home Sold | $62,500 |
Nov 29, 2018 | Home Sold | $72,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $48,200 | $2,762 |
2023 | $38,100 | $2,762 |
2022 | $29,900 | $1,516 |
2021 | $25,200 | $1,516 |
2020 | $28,500 | $1,498 |
2018 | $23,500 | $1,498 |
2017 | $22,000 | $1,490 |
History based on county public records data.
Nearby schools
1
George Washington Carver Elementary School
Public Charter PK-4
1.6 mi
•14510 2nd Ave
2
University Preparatory Art Design Elementary School
Public Charter KG-5
1.8 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.
Neighborhood
The neighbors living near this home have an average income of $25,385. The majority of Detroit, MI residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 2945 W Grand St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 4,144 square foot home, which was built in 1924, sits on a 0.15 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $299,995.
Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. In February 2025 in Detroit, MI there were 7% more homes for sale than in January. In February 2025 median list price was $88,760 and the average listing age was 59 days.