$319,900 for Sale
4830 grayton, detroit, MI 48224
Property 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. 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 MONTH, APT 1N- 700- TENANT IS MONTH TO MONTH, APT 2N-725- IN A LEASE UTNIL 5/29/26 , APT 2S- 925 SECTION 8 MONTH TO MONTH TENANT, AND APT 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.
General Information
Sale Price: $319,900
Price/SqFt: $109
Status: Active
MLS#: 414
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Acres: 0.16
Lot Dim: 41 X 168
Bedrooms:0
Bathrooms:5 (5 full, 0 half)
Size: 2,922 sq.ft.
Acreage: 0.16 est.
Year Built: 1931
Style: 2 Story
Features & Room Sizes
Exterior: Porch
Basement: No
Heating: Hot Water,Radiant
Tax, Fees & Legal
Est. Summer Taxes: $7,198
Est. Winter Taxes: $781

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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: Mark Hutter of Detroit Investment Company
This listing last updated: Mon, March 16, 2026 at 9:37:20 AM EDT
MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 12:15pm