515 Neff RD, Grosse Pointe, MI 48230
Local realty services provided by:CENTURY 21 Curran & Oberski
Listed by: charlene williams
Office: sine & monaghan llc.
MLS#:58050211102
Source:MI_REALCOMP
Price summary
- Price:$1,295,000
- Price per sq. ft.:$186.12
About this home
Exceptional opportunity to acquire four fully updated residential units offered together as one investment property in the heart of highly sought-after Grosse Pointe City. Consisting of four separate residences located at 515, 517, 521, and 523 Neff Road, this unique multi-family offering provides a rare combination of turnkey condition, flexible ownership options, and an unbeatable walkable location. The property includes two distinct building styles. Units 515 and 517 are upper and lower flats, each offering 2 bedrooms, 1 full bathroom, spacious living and dining rooms, eat-in kitchens, balcony/porch space, separate laundry and storage areas in the shared basement, and access to a shared garage. Units 521 and 523 are side-by-side townhomes featuring living rooms with fireplaces, dining rooms, eat-in kitchens with coffee/bar nook areas, and half baths on the main level, along with 4 bedrooms (2 with walkout balcony porches) and 2 full bathrooms upstairs. The spacious bonus room on the second floor offers exceptional flexibility and can serve as a fourth bedroom, family room, playroom, home office, or additional living space. Each townhome includes a private basement and attached one-car garage. Together, the property offers two 2-bedroom, 1-bath flats and two 4-bedroom, 2.5-bath townhomes, creating a desirable mix of rental opportunities. All four residences have been extensively refreshed and are truly move-in ready with fresh paint throughout, updated lighting, new carpeting in carpeted areas, numerous new appliances, and brand-new windows and sliding doors throughout. This rare turnkey four-unit income property offers tremendous flexibility for investors seeking a fully leased or market-rent opportunity, as well as owner-occupants looking to take advantage of a potential principal residence tax exemption while generating income from the remaining units and enjoying the convenience of on-site management. Few opportunities exist to acquire four updated units in such a premier location. Situated just one...
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Home facts
- Year built:1953
- Listing ID #:58050211102
- Added:1 day(s) ago
- Updated:June 12, 2026 at 10:04 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:6
- Half bathrooms:2
- Flooring:Hardwood
- Kitchen Description:Eat-in Kitchen
- Basement Description:Partially Finished
- Living area:6,958 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Forced Air, Natural Gas, Separate Meters
Structure and exterior
- Year built:1953
- Building area:6,958 sq. ft.
- Lot area:0.34 Acres
- Construction Materials:Brick
- Foundation Description:Basement
- Levels:Two
Utilities
- Water:Water at Street
- Sewer:Public Sewer, Sewer at Street
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$186.12
- Tax amount:$15,936
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Parking
- Parking description:Assigned 2 Spaces, Attached, Garage, Paved, Two Car Garage
- Garage spaces:2
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