2 months on rocket

1561 W Grand Blvd, Detroit, MI, 48208

$194,900

Home List Price

$2,314*

Closing Credit

3 Full Baths, 1 Partial
2,662 SqFt
$73/SqFt
Multi

Location

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1561 W Grand Blvd, Detroit$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1912
HeatingForced Air, Natural Gas
BasementYes
MLS #20240071938
Lot Size0.12 Acres
StatusActive

About 1561 W Grand Blvd

Unfinished Triplex in Prime Location – A Blank Canvas Awaits! Discover the potential of this unique triplex, nestled in a highly sought-after area just moments from the freeway. This property is a dream opportunity for investors or DIY enthusiasts looking to create their ideal living spaces. Enjoy easy access to major highways, making commuting a breeze. Close to shops, restaurants, and parks, this location offers convenience and lifestyle. With three separate units, each offering ample square footage, you have the flexibility to design each space to your vision. Perfect for rental income or multi-generational living! The unfinished state allows you to customize the interiors to suit your taste. Whether you envision modern finishes, cozy aesthetics, or eco-friendly upgrades, the choice is yours. The expansive outdoor space provides plenty of room for landscaping, gardens, or outdoor entertaining. Investment With the right vision, this triplex can be transformed into a highly desirable rental property, taking advantage of the strong demand in the area. Don’t miss this opportunity to turn this unfinished triplex into a profitable investment or your dream home! Schedule a viewing today and start imagining the possibilities! BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1912
  • Living Area: 2,662 SqFt

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (313) 274-7200
  • Listing Agent: Theodora Brown

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: N of Warren/E of I-94

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $73/SqFt
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

1561 W Grand Blvd vs Detroit

83 DAYS ON ROCKET

+34 Days

$194,900

+$109.8K More

$73/SqFt

+$5 More

KEY TAKEAWAY

This property is $109.8K more than the Median Sold Price and $5/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240071938

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (313) 274-7200
  • Listing Agent: Theodora Brown

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $9,100

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4408574
2
/10
  • Academy of the Americas at Logan

  • 3811 Cicotte St

  • 1.36 miles

  • Public District Grades KG-3

school-card-donut-4408575
1
/10
  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.40 miles

  • Public Charter Grades 3-5

school-card-donut-4408576
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.99 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,208. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWayne CountyDetroit482081561 W Grand Blvd

This home is located at 1561 W Grand Blvd in Detroit, MI and zip code 48208 in the Near West neighborhood. This 2,662 square foot home, which was built in 1912, sits on a 0.12 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $194,900.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024 median list price was $85,016 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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