For Sale
485 E GRAND Boulevard, Detroit, MI 48207
$365,000
0 bathsBuilt 19120.27 acres6 MLS listings
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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.
Price & Status History
Jul 9, 2026MLS #20261052621
Listed for sale
$365,000
Jul 9, 2026MLS #20261052633
Listed for sale
$365,000
Jul 2, 2025MLS #20251013684
Listed for sale
$365,000
May 1, 2025MLS #20250031339
Listed for sale
$365,000
Nov 1, 2024MLS #20240082789
Listed for sale
$450,000
Mar 1, 2023MLS #20230014418
Listed for sale
$450,000
MLS Listing History6 listings
Tax & Assessment
Parcel NumberW15I008064S
Annual Tax$4,191
Property Details
Property TypeCommercial SaleBathrooms0Lot Size0.27 acresYear Built1912CityDetroitZip Code48207School DistrictDetroit
Listed by Charles A Siciliano
@properties Christie's Int'l R.E. Birmingham