Michigan / Detroit / 48207 / 1017 - 1114 E Grand Blvd

1017 - 1114 E Grand Blvd

Q: What is the asking price for 1017 - 1114 E Grand Blvd in Detroit?

The asking price for 1017 - 1114 E Grand Blvd is $490,000

Q: What is the building size of this Multifamily property in Detroit, MI?

The size of the building/unit at 1017 - 1114 E Grand Blvd in Detroit is 10,000 square feet.

Q: What is the population within 1 mile of 1017 - 1114 E Grand Blvd?

The population within 1 mile of 1017 - 1114 E Grand Blvd Detroit, MI 48207 is 10,116 people.

Q: Who do I contact for questions about 1017 - 1114 E Grand Blvd?

You should contact the listing agent, Brianna Johnston, for any details regarding this commercial listing.

Detroit, MI 48207

Listing ID: 295497

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Building Size: 10,000 SF

Lot Size: --

Land Size: --

Building $/SF: $49.00

Land $/SF:

Price

$490,000

Property Highlights

12 total units - priced for rehab

Expected annual gross income: $168,000

Minutes from Downtown Detroit

AirBnB rental capacity

Walkability to the retail areas of West Village and Indian Village

Immediate access to Gratiot, downtown, and I-75 Hwy

Description

Four multi-family homes are conveniently located near multiple redevelopment projects. This portfolio includes two (2) four-unit, and two (2) two-unit homes. Each of the properties requires a full rehab and is perfect for upside, a reno-investor, or flip. Each property has its own driveway and adjacent land on the north and south are available. Grand Blvd serves as the gateway to the Belle Isle Bridge/Island Park.

Attachments & Files

newsalebrochure-4-n8q-Dy1.pdf

Traffic Counts

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Detroit History of Multifamily Housing for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

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Term (months):

Your Monthly Payment

$0.00

Total Principal: --

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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 1017 - 1114 E Grand Blvd Detroit, MI 48207

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		10,116	98,299	258,541
Population Median Age		41	38	37
Population by Age	0-9 Yrs	1191 (11%)	11230 (11%)	32457 (12%)
	10-19 Yrs	755 (7%)	10591 (10%)	32086 (12%)
	20-29 Yrs	1868 (18%)	19974 (20%)	48102 (18%)
	30-39 Yrs	976 (9%)	12805 (13%)	33335 (12%)
	40-49 Yrs	1367 (13%)	10273 (10%)	29254 (11%)
	50-59 Yrs	1366 (13%)	11983 (12%)	31896 (12%)
	60-69 Yrs	1418 (14%)	11754 (11%)	28761 (11%)
	70+ Yrs	1175 (11%)	9689 (9%)	22652 (8%)

Median HH Income		$29,996	$29,437	$32,099
Total Household Income	< 24K	1612 (41%)	19507 (43%)	44154 (40%)
	25-49K	1031 (26%)	10802 (24%)	28129 (26%)
	50-74K	541 (13%)	5579 (12%)	14073 (13%)
	75-99K	339 (8%)	3496 (7%)	8618 (7%)
	100-199K	299 (7%)	4217 (9%)	10164 (9%)
	200K+	47 (1%)	862 (1%)	3006 (2%)

Highest Education Level	No Diploma	1284	12277	30022
	Diploma or GED	2373	18720	51667
	Some College	2076	14603	40110
	Assoc. Degree	376	3833	11497
	Bachelors Degree	951	10118	22428
	Higher Degree	291	7637	16391

Total Housing Units		5,865	58,262	147,596
--Owner-Occupied		2,137	14,135	43,356
--Renter-Occupied		1,731	30,329	64,788
Owner-Occupied Values	< 100K	1761	8993	28565
	100-199K	173	1926	5956
	200-299K	64	1333	3926
	300-399K	50	966	2344
	400-499K	18	234	862
	500K+	71	683	1703

Total Working Age Population		8,504	81,652	207,741
In Work Force		4,121	40,942	112,225
Not In Work Force		4,383	40,710	95,516
Workforce Employed		3,562	36,157	97,159
Workforce Unemployed		534	4,762	14,937
Civlian Workforce		4,097	40,918	112,096
Military Workforce		24	24	130

Total Households		3,868	44,464	108,144
Family Households		1,895	16,632	50,008
Non-Family Households		1,973	27,832	58,137
Married Couple		767	7,289	21,826
Other Family		1,128	9,343	28,182
Married w/Child		185	2,824	8,321
Single Male w/Child		45	493	1,977
Single Female w/Child		392	3,720	11,737

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Wayne County	2,061,162	-12	1,820,584	-4	1,741,463	-1	1,730,000

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1017 - 1114 E Grand Blvd in Detroit?

The asking price for 1017 - 1114 E Grand Blvd is $490,000

What is the building size of this Multifamily property in Detroit, MI?

The size of the building/unit at 1017 - 1114 E Grand Blvd in Detroit is 10,000 square feet

What is the population within 1 mile of 1017 - 1114 E Grand Blvd in Detroit?

The population within 1 mile of 1017 - 1114 E Grand Blvd Detroit, MI 48207 is 10,116 people.

Who do I contact for questions about 1017 - 1114 E Grand Blvd?

You should contact the listing agent, Brianna Johnston, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Detroit Metropolitan Wayne County Airport (DTW)	20
Toledo Express Airport (TOL)	68
Cleveland Hopkins International Airport (CLE)	89