Sold
900 E Grand Boulevard, Detroit, MI 48207
Sold on 06/01/2026 for$350,000
MLS # 20251047515 (Realcomp)
Built 19050.3 acres
1 / 10
Listing Description
Fully-occupied 5-unit apartment building producing $62,400/year in gross rental income. Consisting offour 2-bedroom units (1,200 SF each) leased at $1,000/mo and one 3-bedroom (1,700 SF) leased at$1,200/mo. Landlord pays water; tenants pay gas and electric. Rents remain below market, providingstrong upside potential in Detroit’s revitalizing Islandview / West Village corridor.Highlights• 100% occupancy with stable tenants• Below market rent – significant upside• Cap rate 8.3% with growth potential to 10%• Landlord only pays water – low expense ratio• Proximity to Belle Isle, Jefferson Corridor, and Downtown Detroit• Updated interiors and long-term tenant stability
Source: SparkMLS
About this home
Closed at $350,000.
Annual property taxes run approximately $10,684 ($890/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.3 acres
Year Built1905
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
BasementBasement
HeatingForced Air
WaterPublic
Sale & Financing
Listed10/21/2025
Sold Date5/31/2026
Original Price$490,000
Source: SparkMLS
Tax Information
Annual Tax$6,601
Tax Year2025
State Equalized Value$130,000
Assessed Value$130,000
Parcel #15007626.
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 Jiryes Jarrous
Match Realty
Frequently Asked Questions about 900 E Grand Boulevard, Detroit, MI 48207
What school district is 900 E Grand Boulevard, Detroit, MI 48207 in?
Per MLS# 20251047515, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20251047515, the most recent reported annual property tax for 900 E Grand Boulevard, Detroit, MI 48207 is $5,510. 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.
Is 900 E Grand Boulevard, Detroit, MI 48207 eligible for USDA financing?
Per USDA Rural Development boundary data, 900 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 900 E Grand Boulevard, Detroit, MI 48207 is in flood zone X (minimal risk). 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.
Is fiber internet available at 900 E Grand Boulevard, Detroit, MI 48207?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 900 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$10,684
Monthly$890
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$3,154
Principal & interest$2,264
Property taxes$890
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 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
900 E Grand Boulevard, Detroit, MI 48207
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Neighborhood
Kettering
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Community
Detroit
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County
Wayne County
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