$399,999
491 e grand boulevard, detroit, MI 48207
| Virtual Tour |
Property Description
Discover a rare investment opportunity in the heart of Detroit with this versatile multi-use property. Zoned R5 with commercial office approval, it offers the flexibility to convert into a multi-family building, apartments, or a single-family residence—all without the need for rezoning. Ideally situated near downtown, this property provides quick access to restaurants, nightlife, and entertainment, plus convenient proximity to Detroit Metro Airport and major expressways. A prime location with exceptional potential for a variety of uses.
General Information
Price: $399,999
Price/SqFt: $102
Status: Active
MLS#: 20251042860
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: palms f f
Acres: 0.2
Lot Dimensions: 60.00 x 146.00
Bedrooms:0
Bathrooms:4 (4 full, 2 half)
Size: 3,904 sq.ft.
Acreage: 0.2 est.
Year Built: 1922
Property Type: Multifamily
Style: 3 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Cooling: Central Air
Heating: Forced Air, Radiant
Cooling: Central Air
Heating: Forced Air, Radiant
Tax, Fees & Legal
Est. Summer Taxes: $3,398
Est. Winter Taxes: $384
Est. Winter Taxes: $384
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Chad Apap of EXP Z Real Estate, Phone: (248) 937-1337
