Discover an exceptional investment opportunity at 24450 GRATIOT AVE, Eastpointe MI! This property features a combined total of 2260 sq ft, including a retail commercial space and a one-bedroom apartment, ideal for generating diverse income streams. Flooring updated in 2017 with newer furnace, roof, electrical panel, and hot water tank. The apartment also has a bonus room that can act as an office, bedroom or additional storage. You can benefit from immediate cash flow with a long-term tenant already in place. The investment advantages include securing rental income from both residential and commercial tenants. Located in a high-traffic area, with private a parking lot, this property is perfect for retail businesses, content creation and so much more. Property is that it is across the street from Cloverleaf pizzeria. Offering significant growth potential with opportunities for rent increases and future development in the thriving Eastpointe community. Don’t miss out on this unique dual-use property that promises both stability and potential for future growth! Buyers agent to verify all measurements.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1946
Living Area: 2,260 SqFt
Listing Office:
Office Name: Century 21 Curran & Oberski
Office Phone: (248) 264-1700
Listing Agent: Yvette Byrd
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Parking Information:
Attached Garage: No
Parking: NoGarage
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: On Gratiot bet Shephens and 10 Mile
Price Information
Listing Price Info
Price Summary:
List Price: $299,900
Price Per SqFt: $133/SqFt
Tax Information:
Annual Amount: $4,040
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Eastpointe, MI.
This property is $140K more than the Median Sold Price and $21/SqFt more than other homes in Eastpointe, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20250000258
Listing Office:
Office Name: Century 21 Curran & Oberski
Office Phone: (248) 264-1700
Listing Agent: Yvette Byrd
Disclaimer: 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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Bellview Elementary School
15800 Bell Ave
Distance between this listing and this school0.40 miles
Public District Grades 3-5
4
/10
Dort Elementary School
16225 Dort St
Distance between this listing and this school0.82 miles
Public District Grades PK-5
2
/10
Pleasantview Elementary School
16501 Toepfer Dr
Distance between this listing and this school1.12 miles
Public District Grades 3-5
Nearby Schools
1
/10
Kelly Middle School
24701 Kelly Rd
Distance between this listing and this school1.20 miles
Public District Grades 6-8
3
/10
Eaton Academy
21450 Universal Ave
Distance between this listing and this school1.28 miles
Public Charter Grades PK-8
3
/10
Reach Charter Academy
25275 Chippendale St
Distance between this listing and this school1.50 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
East Detroit High School
15501 Couzens Ave
Distance between this listing and this school0.92 miles
Public District Grades 9-12
1
/10
Eastpointe Virtual Academy
15320 E 9 Mile Rd
Distance between this listing and this school0.95 miles
Public District Grades 6-12
3
/10
Chandler Park Academy High School
20254 Kelly Rd
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $37,850. The majority of Eastpointe, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 24450 Gratiot Ave
What is the listing price of this property?
The listing price of 24450 Gratiot Ave property is $299,900.
What type of property is this?
The property 24450 Gratiot Ave is a house located in Eastpointe, Michigan, 48021.
Is this property for sale now?
Active Listing: 24450 Gratiot Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,040 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 24450 Gratiot Ave has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 24450 Gratiot Ave is 2,260 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 24450 Gratiot Ave is 1946.
This home is located at 24450 Gratiot Ave in Eastpointe, MI and zip code 48021. This 2,260 square foot home, which was built in 1946, sits on a 0.18 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $299,900.
Over 6 listings were sold over their listed price in December 2024 in Eastpointe, MI. In the same period over 13 listings were sold below the listed price and 13 listings were sold for the listed price. The number of homes for sale in Eastpointe, MI increased by 2.2% between November 2024 and December 2024. While the average time on the market in December 2024 was 45 days, the median list price was $159,900.
From Rocket Homes Real Estate and based on county public records data.