491 E Grand Blvd, Detroit, MI, 48207
About This Home
Discover a rare investment opportunity in the heart of Detroit with this versatile multi-use property. 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.
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Foundation: Basement,Block
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom
- Level: Third
- Area: 255
- Dimensions: 15 X 17
Bedroom
- Level: Third
- Area: 143
- Dimensions: 11 X 13
Bedroom
- Level: Second
- Area: 168
- Dimensions: 14 X 12
Bedroom
- Level: Second
- Area: 135
- Dimensions: 15 X 9
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Entry
- Area: 88
- Dimensions: 8 X 11
Bedroom
- Level: Second
- Area: 140
- Dimensions: 14 X 10
Bedroom
- Level: Second
- Area: 156
- Dimensions: 12 X 13
Bedroom
- Level: Entry
- Area: 130
- Dimensions: 13 X 10
Bedroom
- Level: Entry
- Area: 44
- Dimensions: 11 X 4
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area above ground: 3,904
Heating & Cooling
- Heating features: Forced Air,Natural Gas,Radiant
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,904 sqft
Kitchen
- Level: Entry
- Area: 77
- Dimensions: 11 X 7
Living Room
- Level: Entry
- Area: 224
- Dimensions: 16 X 14
Other
- Level: Third
- Area: 78
- Dimensions: 6 X 13
Other
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Other
- Level: Entry
- Area: 20
- Dimensions: 4 X 5
Primary Bathroom
- Level: Second
- Area: 99
- Dimensions: 11 X 9
Primary Bathroom
- Level: Second
- Area: 40
- Dimensions: 10 X 4
Property
Accessibility
- Accessibility features: Accessible Approach With Ramp
Details
- Parcel number: W15I008063S
- Special condition: Short Sale No,Standard
Features
- Levels: Three
- Stories: 3
- Entry location: GroundLevelwSteps
- Pool features: None
- Patio & porch: Covered
Lot
- Lot size: 8,712 sqft
- Lot size dimensions: 60.00 x 146.00
Parking
- Total spaces: 2
- Parking features: Two Car Garage,Detached
- Has garage: Yes
- Attached garage spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $656 | $7,872 |
| Property Taxes | $489 | $5,868 |
| Electricity | $425 | $5,109 |
| Total | $3,592 | $43,104 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-11 | Listed for sale | $399,999 |
| 2026-04-20 | Listing removed | $399,999 |
| 2025-10-07 | Listed for sale | $399,999 |
| 2024-08-16 | Listing removed | -- |
| 2024-06-22 | Price change | $398,900 |
| 2024-02-07 | Price change | $399,000 |
| 2023-12-01 | Listed for sale | $425,000 |
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