497 Neff, Grosse Pointe, MI 48230
Local realty services provided by:CENTURY 21 Realty North
497 Neff,Grosse Pointe, MI 48230
$465,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: beline obeid
Office: beline obeid realty
MLS#:50183735
Source:MI_REALSOURCE
Price summary
- Price:$465,000
About this home
Welcome to this prime two-family investment property offering exceptional income potential in a desirable neighborhood. Each spacious unit features two bedrooms, full bath, living room with fireplace, formal dining room, kitchen and Florida room off the rear. Second floor unit has small den off the living room. The open basement offers laundry facilities and additional storage. 1st floor has been leased for $1,850.00. 2nd floor is currently leased at $1,800/month. Situated on a 59 x 155 lot, this property provides off-street parking, a large backyard, and a three car garage, enhancing tenant appeal. Both units are metered separately for gas/electric utilities, tenants pay utilities and landlord pays the water. Perfectly positioned just minutes from the Village for shopping and dining, and the residents-only lakefront park with swimming pool, marina, kayak launch, playground, splash pad and picnic area, this property offers excellent access to city amenities and employment hubs with just a short distance to Downtown Detroit. Whether you’re looking to expand your rental portfolio or seeking a live-in investment, this property delivers reliable returns and future value appreciation. Don’t miss your chance to acquire a versatile, high-demand asset—schedule a private tour today! Seller to provide C of O.
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Home facts
- Year built:1942
- Listing ID #:50183735
- Added:211 day(s) ago
- Updated:February 22, 2026 at 11:14 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Formal Dining Room
- Bathrooms Description:1st Floor Bath, 2nd Floor Bath
- Kitchen Description:Dishwasher, Range/Oven, Refrigerator
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air
Structure and exterior
- Year built:1942
- Lot area:0.21 Acres
- Construction Materials:Brick
- Foundation Description:Basement
- Levels:2 Story
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$465,000
- Tax amount:$8,136
Features and amenities
- Appliances:Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
- Laundry features:Dryer, Washer
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