#81025019628, Mark Wheeler, Listing office: National Realty Centers Northv
$400,000 List price
485 E Grand Blvd Detroit, MI 48207
4 full, 2 partial
2,884 sqft
0.3 acres
$139 / sqft
Multi-Family
Property details
About 485 E Grand Blvd
Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with nine long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size2,884 sqft
BasementYes
Lot size0.27 Acres
Year built1912
MLS #20251013684
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Basement: Yes
- Attached Garage: No
- Architectural Style: Colonial
- Heating: Hot Water, Natural Gas
- List Price: $400,000
- Price/SqFt: $138
- Annual Tax Amount: $3,819
- Tax Year: 2024
- Directions: Kercheval to Grand Blvd
- Year Built: 1912
- Living Area: 2,884 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 20251013684
- MLS Name: Realcomp II Ltd
- Office Name: @properties Christies Intl R.E. Birmingham
- Office Phone: (248) 850-8632
- Listing Agent: Charles A Siciliano
Disclaimer: 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: 7/24/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $96,000 | $3,819 |
| 2023 | $95,800 | $3,819 |
| 2022 | $93,900 | $5,529 |
| 2021 | $66,400 | $5,529 |
| 2020 | $64,500 | $3,583 |
| 2018 | $42,500 | $3,583 |
| 2017 | $39,700 | $3,561 |
History based on county public records data.
Nearby schools
1
Detroit Academy of Arts and Sciences
Public Charter KG-5
1.2 mi
•2985 E Jefferson Ave
3
University Preparatory Science and Math Elementary School
Public Charter KG-5
1.3 mi
•2251 Antietam Ave
8
Chrysler Elementary School
Public District KG-5
1.8 mi
•1445 E Lafayette 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 $38,375. Most Detroit, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
54%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
62%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
49%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 485 E Grand Blvd
The listing price of 485 E Grand Blvd property is $400,000.
The property 485 E Grand Blvd is a multi located in Detroit, Michigan, 48207.
Active Listing: 485 E Grand Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 485 E Grand Blvd are: Detroit Academy of Arts and Sciences (GreatSchools Rating 1/10), University Preparatory Science and Math Elementary School (GreatSchools Rating 3/10), Chrysler Elementary School (GreatSchools Rating 8/10), Garvey Academy (GreatSchools Rating 2/10), Nichols Elementary-Middle School (GreatSchools Rating 2/10), Detroit Preparatory (GreatSchools Rating 5/10), Martin Luther King Jr. Senior High School (GreatSchools Rating 3/10), University Preparatory Science and Math (PSAD) High School (GreatSchools Rating 3/10), Detroit Edison Public School Academy High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $3,819 (source: MLS/based on county public records data).
The property 485 E Grand Blvd is 2,884 SqFt (source: MLS/tax record).
The year of construction for 485 E Grand Blvd is 1912.
This home is located at 485 E Grand Blvd in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 2,884 square foot home, which was built in 1912, sits on a 0.27 acre lot. Features: 6 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $400,000.
Over 79 listings were sold over their listed price in June 2025 in Detroit, MI. In the same period over 144 listings were sold below the listed price and 74 listings were sold for the listed price. Between May and June 2025, Detroit, MI real estate market has seen increase in the number of listings by 16.7%. In June 2025 median list price was $92,746 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.