For Sale
4122 Grand River Avenue, Detroit, MI 48208
$179,000
MLS # 20251029714 (Realcomp)
Built 19000.06 acres
1 / 26
Listing Description
Get ready to dive into Detroit’s hottest real estate scene with this incredible opportunity! These two buildings on the adjacent parcels at 4122-4126 Grand River Ave are primed for a jaw-dropping transformation, turning existing commercial buildings into a modern income-generating masterpiece. Nestled in Woodbridge neighborhood—a stable, charming area brimming with Victorian allure—this property is just one mile away from the brand-new University of Michigan Center for Innovation, set to open in spring 2027! This $250 million hub is sparking economic growth, drawing talent, and boosting property values along Grand River Avenue. Plus, you’re less than a mile from the buzzing North Corktown development and a stone’s throw from the vibrant Core City neighborhood, where exciting neighborhood staples like Barda restaurant, Puma Detroit, Bev’s Bagels, Lady of the House, Motherloaf bread bakery, Materia Art Gallery, Eugenie Archive, Periodicals store, new offices, and award-winning residential are transforming the area into a lively community hub!Picture this: redevelop these parcels into a stunning 7-unit boutique apartment building, blending urban sophistication with cozy community vibes. Check out the attached plans for inspiration.Grand River Avenue is evolving into a dynamic urban corridor, with city plans enhancing streets, transit, and public art—making this the perfect time to invest right in the heart of one of the city’s most promising growth zones!Don’t miss out on this chance to be part of Detroit’s resurgence!
Source: SparkMLS
About this home
Listed at $179,000.
Estimated annual property tax: $3,345, or about $279 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.06 acres
Year Built1900
Location
CityDetroit
Zip Code48208
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementBasement
WaterPublic
Sale & Financing
Listed8/21/2025
Original Price$199,000
Source: SparkMLS
Tax Information
Annual Tax$3,234
Tax Year2025
State Equalized Value$40,700
Assessed Value$40,700
Parcel #08001174.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Vadim Oss
Nika & Co
Frequently Asked Questions about 4122 Grand River Avenue, Detroit, MI 48208
Which school district serves 4122 Grand River Avenue, Detroit, MI 48208?
Per MLS# 20251029714, 4122 Grand River Avenue, Detroit, MI 48208 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 4122 Grand River Avenue, Detroit, MI 48208?
Per public tax records, annual property taxes for this property are $3,157. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 4122 Grand River Avenue, Detroit, MI 48208 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 4122 Grand River Avenue, Detroit, MI 48208 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 4122 Grand River Avenue, Detroit, MI 48208. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 4122 Grand River Avenue, Detroit, MI 48208?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$3,345
Monthly$279
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,440
Principal & interest$1,161
Property taxes$279
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4122 Grand River Avenue, Detroit, MI 48208
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Neighborhood
Jeffries
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Community
Detroit
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County
Wayne County
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