900 e grand, detroit, MI 48207

Fully-occupied 5-unit apartment building producing $62,400/year in gross rental income. Consisting of four 2-bedroom units (1,200 SF each) leased at $1,000/mo and one 3-bedroom (1,700 SF) leased at $1,200/mo. Landlord pays water; tenants pay gas and electric. Rents remain below market, providing strong upside potential in Detroit's revitalizing Islandview / West Village corridor. Highlights â?¢ 100% occupancy with stable tenants â?¢ Below market rent â?? significant upside â?¢ Cap rate 8.3% with growth potential to 10% â?¢ Landlord only pays water â?? low expense ratio â?¢ Proximity to Belle Isle, Jefferson Corridor, and Downtown Detroit â?¢ Updated interiors and long-term tenant stability

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. ©2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Jiryes Jarrous of Century 21 Curran & Oberski

This listing last updated: Wed, March 11, 2026 at 10:58:40 AM EDT

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 11:15am