515 Neff Road, Grosse Pointe, MI 48230

• 12 beds |
• 8 baths |
• 6,958 sqft

Property Description

Exceptional opportunity to acquire four fully updated residential units offered together as one investment property in the heart of highly sought-after Grosse Pointe City. Consisting of four separate residences located at 515, 517, 521, and 523 Neff Road, this unique multi-family offering provides a rare combination of turnkey condition, flexible ownership options, and an unbeatable walkable location. The property includes two distinct building styles. Units 515 and 517 are upper and lower flats, each offering 2 bedrooms, 1 full bathroom, spacious living and dining rooms, eat-in kitchens, balcony/porch space, separate laundry and storage areas in the shared basement, and access to a shared garage. Units 521 and 523 are side-by-side townhomes featuring living rooms with fireplaces, dining rooms, eat-in kitchens with coffee/bar nook areas, and half baths on the main level, along with 4 bedrooms (2 with walkout balcony porches) and 2 full bathrooms upstairs. The spacious bonus room on the second floor offers exceptional flexibility and can serve as a fourth bedroom, family room, playroom, home office, or additional living space. Each townhome includes a private basement and attached one-car garage. Together, the property offers two 2-bedroom, 1-bath flats and two 4-bedroom, 2.5-bath townhomes, creating a desirable mix of rental opportunities. All four residences have been extensively refreshed and are truly move-in ready with fresh paint throughout, updated lighting, new carpeting in carpeted areas, numerous new appliances, and brand-new windows and sliding doors throughout. This rare turnkey four-unit income property offers tremendous flexibility for investors seeking a fully leased or market-rent opportunity, as well as owner-occupants looking to take advantage of a potential principal residence tax exemption while generating income from the remaining units and enjoying the convenience of on-site management. Few opportunities exist to acquire four updated units in such a premier location. Situated just one

Listing Status:

Pending

Data Last Updated:

July 5, 2026 at 7:42AM

Listing Office:

Sine & Monaghan LLC : 3138847000

Listing Agent:

Charlene Williams : 3136004019

MLS ID:

58050211102

Interior

• General: Eat in kitchen
• Appliances: DishwasherDisposalDryerMicrowaveOvenRefrigeratorRangeWasher
• Basement: Partially finished
• Flooring: Hardwood
• A/C: Ceiling fansCentral air
• Heating: Forced airNatural gasSeparate meters
• Fireplace: Living roomFireplace

Exterior

• Parking: Two car garageAssigned 2 spacesAttachedGaragePaved

Construction

• General: BrickTwoBasement

Location

• Originating MLS: MiRealSource
• School District: Grosse pointe
• County: Wayne

Lot

• Zoning: CYJ17A LOT 17 EXCEPT THE NLY PART THEREOF MEASURING 14.33 FT ON THE WLY LINE AND 14.63 FT ON THE ELY LINE OF SAID LOT ALSO ADJ VAC ALLEY THE C NEFF ESTATE SUB PC 344 L15 P23 WCR K 109.7537002030017001

Utilities

• Water: Waterat street
• Sewer: Public sewerSewer at street

Financial

• Source: MiRealSource