For sale

$235,000

2340 W Grand St, Detroit, MI 48238

8beds

3,420sqft

$2,038/mo

Get pre-qualified

Multi Family

Built in 1926

-- sqft lot

$234,000 Zestimate^®

$69/sqft

$-- HOA

What's special

Hardwood flooring

Must-see four-unit building offering an excellent investment opportunity with plenty of potential. Each unit features 2 bedrooms and 1 bathroom, along with hardwood flooring and a full basement providing additional storage and utility space. The property does need some TLC and updating, but the size, four-unit layout, and existing features provide a solid foundation for someone looking to renovate and add value. With the right vision and improvements, this property has the potential to become a strong income-producing investment.

2 days

191

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air

Features

Flooring: Hardwood
Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,420
Total interior livable area: 3,420 sqft

Property

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Exterior features: Balcony

Lot

Size: 5,227 Square Feet
Dimensions: 5227

Details

Parcel number: 08004626.
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick
Foundation: Basement

Condition

Year built: 1926

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sanitary
Water: Public

Community & HOA

Community

Subdivision: Robert Oakmans Twelfth St

Location

Region: Detroit

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $37,700
Annual tax amount: $4,308
Date on market: 8/13/2026
Cumulative days on market: 5 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Trust

Estimated market value

$234,000

$222,000 - $246,000

$1,289/mo

Price history

Date	Event	Price
8/13/2026	Listed for sale	$235,000+11.9%$69/sqft
Source: MiRealSource #50218425 Report a problem
6/13/2022	Sold	$210,000$61/sqft
Source: Realcomp II #2220010857 Report a problem
5/7/2022	Pending sale	$210,000$61/sqft
Source: Realcomp II #2220010857 Report a problem
5/2/2022	Price change	$210,000-4.5%$61/sqft
Source: Realcomp II #2220010857 Report a problem
3/21/2022	Pending sale	$219,900$64/sqft
Source: Realcomp II #2220010857 Report a problem
3/3/2022	Price change	$219,900-8.3%$64/sqft
Source: Realcomp II #2220010857 Report a problem
2/18/2022	Listed for sale	$239,900+41.1%$70/sqft
Source: Realcomp II #2220010857 Report a problem
12/5/2019	Sold	$170,000-24.4%$50/sqft
Source: Public Record Report a problem
8/1/2018	Listing removed	$225,000$66/sqft
Source: VIE Realty Group, LLC #218044161 Report a problem
5/20/2018	Listed for sale	$225,000$66/sqft
Source: VIE Realty Group, LLC #218044161 Report a problem
4/9/2018	Listing removed	$225,000$66/sqft
Source: VIE Realty Group, LLC #217107547 Report a problem
12/6/2017	Listed for sale	$225,000+350%$66/sqft
Source: VIE Realty Group, LLC #217107547 Report a problem
1/26/2013	Listing removed	$50,000$15/sqft
Source: PRESTIGE REALTY & INVEST LLC #212027723 Report a problem
3/21/2012	Listed for sale	$50,000-60.9%$15/sqft
Source: PRESTIGE REALTY & INVEST LLC #212027723 Report a problem
3/4/2005	Sold	$128,000+55.3%$37/sqft
Source: Public Record Report a problem
9/29/2004	Sold	$82,400$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$37,700 +24.8%
2024	--	$30,200 +9.8%
2023	--	$27,500 +26.1%
2022	--	$21,800 -11.7%
2021	--	$24,700
2020	$2,107 +49.2%	$24,700 +7.4%
2019	$1,412	$23,000 +14.4%
2018	$1,412	$20,100 +6.9%
2017	--	$18,800 -68.2%
2016	$1,737	$59,100 +341%
2015	$1,737 -6.4%	$13,400 -27.8%
2013	$1,856 +6.9%	$18,561 -30.2%
2010	$1,737	$26,595 -12%
2009	--	$30,222 -10.5%
2008	--	$33,768
2007	--	$33,768 +5.5%
2005	$149	$32,008 +3%
2004	--	$31,076