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951 E Grand Blvd, Detroit, MI, 48207

6beds
2baths
3,609sqft
$334,900
$93price/sqft
$3,045/moest. monthly cost
$121,800/yrincome needed

About This Home

Located just 5 minutes from Downtown Detroit and Belle Isle, this fully rehabbed duplex is a true turnkey investment, occupied by two reliable, paying tenants and generating solid cash flow from day one. This property has been completely updated from top to bottom, starting with major systems in 2018: new roof, windows, plumbing, electrical, and all HVAC. In 2023, the underground plumbing was excavated and a clean-out drain was installed, and a new sump pump was added in 2024. 2025 brought a full cosmetic and structural transformation, new paint, new flooring throughout, a brand new kitchen with quartz countertops, and new tile work. On the exterior: new decking, a new garage roof, a complete front upper deck with new roofing, and two new AC units. A full rear wall rebuild was also completed and signed off by a licensed structural engineer. Whether you're an experienced investor or adding to your portfolio, this property checks every box — nothing left to do but collect rent.

Getting Around

50
WalkingSomewhat Walkable
54
TransitGood Transit
68
BikeBikeable

Schools

4/10
3/10
Southeastern High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1913

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Gas Dryer Hookup,Laundry Room,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 3,609

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,609 sqft

Property

Details

  • Parcel number: W15I007980S
  • Zoning description: Residential
  • Special condition: Agent Owned,Short Sale No
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 50 x 123.5

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,693$20,316
Home Insurance *$549$6,588
Property Taxes $410$4,920
Electricity $393$4,723
Total$3,045$36,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,400/yr
40% on housing$91,350/yr
45% on housing$81,200/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$93This listing

vs Other Active Listings

Avg $/sqft

ZIP 48207$119
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48207$87
Wayne County$129

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)

Price History

DateEventPrice
2026-04-03Listed for sale$334,900
2025-10-01Listing removed$349,900
2025-07-10Price change$349,900
2025-03-13Listed for sale$399,000
2020-10-25Listing removed$950
2020-10-17Listed for rent$950
2019-01-01Listing removed$185,000
2018-12-18Listed for sale$185,000
2018-11-28Listed for rent$900
2018-10-26Listing removed$1,000
2018-10-08Listing removed$185,000
2018-09-20Listed for sale$185,000
2018-07-17Listed for rent$1,000
2018-06-05Listing removed$1,000
2018-05-08Listed for rent$1,000
2017-01-12Listing removed--
2016-12-08Listed for sale--
2016-10-28Sold$13,480
2016-09-07Listed for sale--

For Sale by Agent

AgentJustin Fontenelle
BrokerageRealtyflo Inc

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