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1561 W Grand, Detroit, MI 48208

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
1561 W Grand,Detroit, MI 48208
$349,900
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: paul mychalowych
Office: exp realty birmingham
MLS#:60998451
Source:MI_REALSOURCE

Price summary

  • Price:$349,900

About this home

Turnkey, fully renovated triplex offering immediate income potential and attractive investment metrics in one of Detroit's rapidly improving neighborhoods. Located just minutes from Downtown Detroit, New Center, Henry Ford Hospital, Wayne State University, and major freeway access, this multifamily property is ideally positioned for both strong rental demand and long-term appreciation. All three units have been extensively updated with modern finishes, including renovated kitchens featuring quartz countertops, updated cabinetry, and beautifully remodeled bathrooms with quartz surfaces and contemporary fixtures. Investors will appreciate the significant capital improvements already completed, reducing near-term maintenance expenses and enhancing tenant appeal. The property is projected to generate approximately $3,300 per month ($39,600 annually) in gross rental income, with the second-floor unit currently leased at $1,200 per month. The first-floor unit is projected at $1,300 per...

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Home facts

  • Year built:1912
  • Listing ID #:60998451
  • Added:56 day(s) ago
  • Updated:July 29, 2026 at 10:47 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Basement Description:Block

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1912
  • Lot area:0.12 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement, Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$349,900
  • Tax amount:$1,563
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Andrew Hauck

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