485 E Grand Boulevard
Detroit, Michigan 48207
0
Bed
4.5
Bath
2,884Sqft
0.27Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4.5 Full Baths: 4 Half Baths: 2 -
Room Information
Porches: Porch - Covered,Porch,CoveredInterior Features
Roof: Asphalt Basement Description: Unfinished -
Heating & Cooling
Heating: Hot Water Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1912 Building Stories: 3 Story Total Units: 10 Roof: Asphalt Foundation/Basement: Basement Architecture: Colonial -
Exterior Features
Fenced Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.27 Lot Dimensions: 80.00 x 146.00 Frontage Feet: 80 -
Property Information
SQ ft: 2884 Subdivision: MORE THAN ONE SUBDIVISION INVOLVED Financing: Cash,Conventional
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Listing Price Information
Original List Price: $365,000 -
Listing Information
Possession: At Close Legal Description: W E GRAND BLVD 6 F F PALMS SUB L25 P13 PLATS, W C R 15/107 E 146.30 FT OF N 25.06 FT 25 J B MC KAYS SUB L333 P304 DEEDS, W C R 15/152 80.06 X 146.30
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Tax Information
Annual Tax: $4,191 Parcel Number: W15I008064SPossession
At CloseLegal Information
Legal Description: Section: W E GRAND BLVD 6 F F PALMS SUB L25 P13 PLATS, W C R 15/107 E 146.30 FT OF N 25.06 FT 25 J B MC KAYS SUB L333 P304 DEEDS, W C R 15/152 80.06 X 146.30
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1718 Canton Street , Detroit, MI, 48207 | $174,995 | 4 | 2 | 2,394 | 0.07 Acre |
| 2210 Concord Street , Detroit, MI, 48207 | $199,900 | 6 | 3 | 2,556 | 0.08 Acre |
| 2460 Canton Street , Detroit, MI, 48207 | $255,000 | 5 | 2.5 | 2,662 | 0.08 Acre |
| 951 E Grand Boulevard , Detroit, MI, 48207 | $334,900 | 6 | 3.5 | 3,609 | 0.14 Acre |
| 1104 E Grand Boulevard , Detroit, MI, 48207 | $140,000 | 4 | 3.5 | 3,174 | 0.14 Acre |
| 1092 E Grand Boulevard , Detroit, MI, 48207 | $140,000 | 6 | 2.5 | 4,265 | 0.11 Acre |
| 1017 E Grand Boulevard , Detroit, MI, 48207 | $135,000 | 4 | 2.5 | 2,918 | 0.17 Acre |
| 491 E Grand Boulevard , Detroit, MI, 48207 | $399,999 | -- | 4.5 | 3,904 | 0.20 Acre |
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ByOwner last updated this listing 10/10/2026 @ 17:05
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