$25,000

2302 W Grand Street, Detroit, MI 48238

  • 4 baths |
  • 3,828 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $7/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Investor Special – 4-Unit Multifamily Opportunity! Don't miss this Detroit Land Bank-owned multifamily home offering four spacious units and over 3,500 square feet of potential. Ideal for seasoned investors or savvy newcomers looking to capitalize on Detroit's growing rental market. Whether you're building your portfolio or looking for your next renovation project, this property presents strong income potential once restored. Located in a rapidly evolving area, this is a prime opportunity to invest in the future of Detroit. Sold as-is. Buyer to verify all information. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.

Listing Status:
Active
Date Added:
August 1, 2025 at 05:00AM
Listing Office:
Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:
Erick Monzo : 586-808-6436
MLS ID:
60924004
  • Basement: Block
  • Heating: Forced Air
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2025. N GRAND 238 R OAKMANS 12TH ST SUB L34 P90 PLATSW C R 8/145 45.89 IRREG
  • Water: Public
  • Sewer: Public Sanitary
  • Source: MiRealSource

This listing courtesy of Erick Monzo, Keller Williams Realty-Great Lakes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thurgood Marshall-Elementary School

15531 Linwood St, Detroit, MI, 48238

Grades PK-8

0.83 miles away

T

Thurgood Marshall-Elementary School

15531 Linwood St, Detroit, MI, 48238

Grades PK-8

0.83 miles away

C

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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