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$299,000
$1,400Reward *
4830 Grayton, Detroit, MI 48224Listing ID 60976414

4830 Grayton, Detroit, MI 48224

Active
Detroit (82001)
Time on site: 149 days • Last updated: Jul 24, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bathrooms
Bathrooms
5
Square Feet
Square Feet
2,922
Acres
Acres
0.16
Days on Site
Days on Site
137
Heating
Heating
Hot Water, Radiant
Year Built
Year Built
1931
Stories
Stories
2

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. PROPERTY HAS A C OF C WITH DETROIT UNTIL 5/16/27. 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- TENANT IN A LEASE UNTIL 5/29/26 APT 2S- 925 SECTION 8 TENANT IN A LEASE UNTIL 1/31/27 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.

Property Information

Property Details

Location

Address
4830 Grayton
County
Wayne
City
Detroit
Zip Code
48224
Subdivision
Detroit (82001)
School District
Detroit City School District
MLS Area
Detroit (82001)
Detroit Investment Company, (734) 838-9197

Interior Features

Beds and Baths

Full Bathrooms
5

Building

Building Information

Square Feet
2,922
Year Built
1931
Stories
2
Construction
Brick
Foundation
Basement

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$7,979

Market Report for 48224

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
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Originating MLS: MiRealSource

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.

For corrections to this data please contact Brytecore MLS Support.

RC700280