Nikki Trombley - Arterra Realty Logo
$299,000
 $1,605 est/mo Sourced by Back At You

4830 Grayton,Detroit, MI 48224

Detroit, MI 48224

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Description

LARGE FIVE UNIT MULTI-FAMILY INVESTMENT PROPERTY! LOCATED IN DESIRABLE EAST ENGLISH VILLAGE, SOUTH OF E. WARREN AND WEST OF CADIUEX. UPDATES INCLUDE A NEW BOILER IN 2023, AND SELLER HAS DONE SOME RENOVATIONS THROUGH OUT THE BUILDING. PROPERTY HAS A C OF C WITH DETROIT UNTIL 5/16/27. THIS PROPERTY FEATURES FIVE 1 BEDROOM UNITS. EACH UNIT HAS ONE BEDROOM, BATHROOM, HARDWOOD FLOORS, FRIDGE AND STOVES INCLUDED. COIN OPERATED WASHER AND DRYER IN THE LAUNDRY FACILITY IN THE BASEMENT. ALL FIVE UNITS ARE CURRENTLY TENANTED. RENTS FOR EACH UNIT ARE AS FOLLOWS- APT 1S- 700- TENANT IS MONTH TO MONTHAPT 1N- 700- TENANT IS MONTH TO MONTHAPT 2N- 725- TENANT IN A LEASE UNTIL 5/29/26 APT 2S- 925 SECTION 8 TENANT IN A LEASE UNTIL 1/31/27APT B AT 600 - TENANT IS IN A LEASE UNTIL 12/31/26. TENANTS PAY ELECTRIC AND COOKING GAS FOR EACH UNIT. OWNER IS RESPONSIBLE FOR GAS FOR HEAT, WATER, SEWER, SNOW REMOVAL AND LAWN MAINTENANCE. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. BUYER TO PAY A 295 PROCESSING FEE AT CLOSING.

Details

MLS #20261016824
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1931
Days On Site180
Listing Provided ByDetroit Investment Company | Mark Hutter

Features

Bath(s) 5 Total
SQ Feet2,922
BasementY
Story(s)2
Units5
ZoningMulti-Family
Acreage0.16
Water FrontYes

Interior

Cooling Yes / NoNo
Heating Yes / NoYes
HeatingHot Water, Natural Gas, Radiant

Exterior

Construction MaterialsBrick
Foundation DetailsBasement, Block

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount7978.52

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48224
AreaDet Con Mors Grat Hstn
School DistrictDetroit
High SchoolDetroit
Listing VS Median (in 48224)
Price:
$299,000
low | high
Med:
$89,999
100% of Average
sqft:
2,922
low | high
Med:
1,705
91.649555099247% of Average
$ / sqft:
$102
low | high
Med:
$53
98.415131964809% of Average
On site:
180
low | high
Med:
294
61.224489795918% of Average
Sourced by Back At You

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Learn More About This Property

Nikki Trombley

Nikki Trombley

Arterra

 (586) 255-1223salesbynikki@gmail.com
StateMI
CountyWayne
CityDetroit
Zip Code48224
AreaDet Con Mors Grat Hstn
School DistrictDetroit
High SchoolDetroit
Listing VS Median (in 48224)
Price:
$299,000
low | high
Med:
$89,999
100% of Average
sqft:
2,922
low | high
Med:
1,705
91.649555099247% of Average
$ / sqft:
$102
low | high
Med:
$53
98.415131964809% of Average
On site:
180
low | high
Med:
294
61.224489795918% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $224K - $373K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
4830 GRAYTON Property Photo 1
$299,000
4830 Grayton
Detroit, MI 48224
Listing Updated: July 24, 2026 at 2:35:48 PM PDT