Property Type:
Multi Family
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$225,000
List Date:
4/01/2026
Last Modified:
4/01/2026
3742 W Grand Street, Detroit, MI 48238
New Listing
$225,000
Overview
Description
Two of Three Units are currently rented producing $2,100 with the Third unit ready to rent at $700-$900 per month totaling $2,800-/$2,900 Rental income, that is a rare 1.24% rent-to-value ratio, Current Taxes are approx. $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers* One 1 Bed Unit Vacant & the 2 rented units would more than pay the mortgage payment. 3-bedroom main floor & 2 x 1 Bedroom Units Upstairs, Major Recent Renovation Of Property from Roof to Basement and all 3 Units, Beautiful & Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens with Expansive Cabinetry & Corian Countertops, Solid Ceramic Baths with newer fixtures in all 3 Units, 3 of everything, 3 Gas & electric meters, 3 Newer Forced Air Furnaces, 3 Hot Water Heaters, Updated Plumbing & Electric Panels & Wiring Throughout, 47 Newer Fiberglass & Vinyl Windows, Steel Doors, Etc. *No House Hackers*
Listing Details MLS# 26013019
Location Property Info
- County
- Wayne
- Street #
- 3742
- Street Direction
- W
- Street Name
- Grand
- Suffix
- Street
- State
- MI
- Zip Code
- 48238
- Zip (4)
- 2624
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 3920
- Lot Acres
- 0.09
- Lot Dimensions
- 34 x 109
- Year Built
- 1926
- New Construction
- No
- Road Frontage
- 34
- Total # Units
- 3
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 2600
- Total Parking Spaces
- 3
- Waterfront
- No
- School District
- Detroit
- Basement
- Yes
Tax Info
- Tax ID #
- 14005724.
- Taxable Value
- 3788
- SEV
- 4300
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 1168
- Tax Year
- 2025
- Homestead %
- 0
- Spec Assessment & Ty
- No
Access Feat
- Accessibility Features
- No
Unit 1
- Unit Description
- MAIN
- SqFt
- 1300
- Bathrooms
- Yes
- Full Baths
- Yes
More Information
Unit 2
- Unit Description
- UPPER
- SqFt
- 745
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit Description
- UPPEER
- SqFt
- 555
- Bathrooms
- 2
- Full Baths
- Yes
- Half Baths
- Yes
Location & Property Info
- Cross Streets
- Dexter & Oakman Blvd & Davison
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Detroit City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 86.54
Remarks & Misc
- Public Remarks
- Two of Three Units are currently rented producing $2,100 with the Third unit ready to rent at $700-$900 per month totaling $2,800-/$2,900 Rental income, that is a rare 1.24% rent-to-value ratio, Current Taxes are approx. $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers* One 1 Bed Unit Vacant & the 2 rented units would more than pay the mortgage payment. 3-bedroom main floor & 2 x 1 Bedroom Units Upstairs, Major Recent Renovation Of Property from Roof to Basement and all 3 Units, Beautiful & Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens with Expansive Cabinetry & Corian Countertops, Solid Ceramic Baths with newer fixtures in all 3 Units, 3 of everything, 3 Gas & electric meters, 3 Newer Forced Air Furnaces, 3 Hot Water Heaters, Updated Plumbing & Electric Panels & Wiring Throughout, 47 Newer Fiberglass & Vinyl Windows, Steel Doors, Etc. *No House Hackers*
- Legal
- PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. N GRAND 355 ROBT OAKMANS LIVERNOIS & FORD HWY SUB L36 P2 PLATS, W C R 14/197 34 X 109
Util Avail at Street
- High Speed Internet
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Laundry Features
- In Basement
- Yes
- See Remarks
- Yes
Exterior Material
- Brick
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Substructure
- Full
- Yes
Owner Pays
- Trash Collection
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
In Basement; See Remarks
Exterior Material:
Brick
Substructure:
Full
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street:
High Speed Internet
Owner Pays:
Trash Collection
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Terms Available:
Cash; Conventional
Possession:
Close Of Escrow
Sale Conditions:
None
Listing Office:
Michigan Dream Homes, LLC
Listing Agent:
John Wallen
Last Updated: April - 01 - 2026
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