$365,000

485 E GRAND Boulevard, Detroit, MI 48207

  • 2,884 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $127/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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 ten 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.

Listing Status:
Active
Data Last Updated:
September 23, 2026 at 11:43PM
Listing Office:
@properties Christie's Int'l R.E. Birmingham : 2488508632
Listing Agent:
Charles A Siciliano : 2483857788
MLS ID:
20261052621
  • Heating: Radiant
  • Roofing: Asphalt
  • General: BrickThreeBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: W E GRAND BLVD 6 F F PALMS SUB L25 P13 PLATSW C R 15/107 E 146.30 FT OF N 25.06 FT 25 J B MC KAYS SUB L333 P304 DEEDSW C R 15/152 80.06 X 146.30W15I008064S
  • Fencing: Fenced
  • Current Use: CommercialMulti family
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Charles A Siciliano , @properties Christie's Int'l R.E. Birmingham

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location