For Sale
491 E GRAND Boulevard, Detroit, MI 48207
$399,999
MLS # 20251042856 (Realcomp)
10 beds5 baths3,904 sqftBuilt 19220.2 acres
1 / 67
Listing Description
Discover a rare investment opportunity in the heart of Detroit with this versatile multi-use property. Ideally situated near downtown, this property provides quick access to restaurants, nightlife, and entertainment, plus convenient proximity to Detroit Metro Airport and major expressways. A prime location with exceptional potential for a variety of uses.
Source: SparkMLS
About this home
10-bedroom, 5-bath, 3,904 sq ft home in Butzel in Detroit built in 1922.
Asking $399,999 (about $102/sq ft).
Annual property taxes run approximately $11,162 ($930/month). 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. Broadband is available with download speeds up to 1,200 Mbps from 7 providers.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms10
Bathrooms5
Living Area3,904 sqft
Lot Size0.2 acres
Year Built1922
Stories3
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air, Radiant
WaterPublic
SewerPublic
InteriorSecurity System
Sale & Financing
Listed10/6/2025
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,498
Tax Year2025
State Equalized Value$173,900
Assessed Value$173,900
Parcel #15008063.
Source: Public Records
Legal Description
W E GRD BLVD S 10 FT 4 5 F F PALMS SUB L25 P13 PLATS, W C R 15/107 60 X 146.30
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Chad Apap
EXP Z Real Estate
Frequently Asked Questions about 491 E GRAND Boulevard, Detroit, MI 48207
Which school district serves 491 E GRAND Boulevard, Detroit, MI 48207?
Per MLS# 20251042856, 491 E GRAND Boulevard, Detroit, MI 48207 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.
Can I use FHA or VA financing for this property?
Per MLS# 20251042856, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 491 E GRAND Boulevard, Detroit, MI 48207?
Per public tax records, annual property taxes for this property are $3,782. 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, 491 E GRAND Boulevard, Detroit, MI 48207 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 491 E GRAND Boulevard, Detroit, MI 48207 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 not currently available at 491 E GRAND Boulevard, Detroit, MI 48207. The maximum advertised download speed is 1.2 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 491 E GRAND Boulevard, Detroit, MI 48207?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. 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$11,162
Monthly$930
Millage rate64.1844 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$3,525
Principal & interest$2,594
Property taxes$930
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
75 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 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
491 E GRAND Boulevard, Detroit, MI 48207
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Neighborhood
Butzel
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Community
Detroit
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County
Wayne County
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