Exceptional opportunity to acquire four fully updated residential units offered together as one investment property in the heart of highly sought-after Grosse Pointe City. Consisting of four separate residences located at 515, 517, 521, and 523 Neff Road, this unique multi-family offering provides a rare combination of turnkey condition, flexible ownership options, and an unbeatable walkable location. The property includes two distinct building styles. Units 515 and 517 are upper and lower flats, each offering 2 bedrooms, 1 full bathroom, spacious living and dining rooms, eat-in kitchens, balcony/porch space, separate laundry and storage areas in the shared basement, and access to a shared garage. Units 521 and 523 are side-by-side townhomes featuring living rooms with fireplaces, dining rooms, eat-in kitchens with coffee/bar nook areas, and half baths on the main level, along with 4 bedrooms (2 with walkout balcony porches) and 2 full bathrooms upstairs. The spacious bonus room on the second floor offers exceptional flexibility and can serve as a fourth bedroom, family room, playroom, home office, or additional living space. Each townhome includes a private basement and attached one-car garage. Together, the property offers two 2-bedroom, 1-bath flats and two 4-bedroom, 2.5-bath townhomes, creating a desirable mix of rental opportunities. All four residences have been extensively refreshed and are truly move-in ready with fresh paint throughout, updated lighting, new carpeting in carpeted areas, numerous new appliances, and brand-new windows and sliding doors throughout. This rare turnkey four-unit income property offers tremendous flexibility for investors seeking a fully leased or market-rent opportunity, as well as owner-occupants looking to take advantage of a potential principal residence tax exemption while generating income from the remaining units and enjoying the convenience of on-site management. Few opportunities exist to acquire four updated units in such a premier location. Situated just one block from The Village, residents enjoy easy access to restaurants, boutiques, coffee shops, fitness studios, grocery shopping, and year-round community events. Walk to Maire Elementary, Elworthy Field, neighborhood parks, tennis courts, Trader Joe's, Lucky Detroit Coffee & Espresso, and resident-exclusive Neff Park featuring a marina, swimming pools, playgrounds, picnic areas, and waterfront recreation. From Music on the Plaza and summer festivals to the iconic Santa Claus Parade and holiday tree lighting, this location embodies the very best of the Grosse Pointe lifestyle and the small-town charm that makes this community so special.
Exceptional multifamily opportunity in a prime Grosse Pointe location! This well-maintained property at 451 Saint Clair offers strong investment potential or the perfect option for an owner-occupant. The lower unit is currently owner-occupied and showcases pride of ownership, while the upper unit is vacant and ready for immediate occupancy or rental income. Situated on an oversized lot, the property provides ample outdoor space and added appeal for tenants or future enhancements. A detached 2-car garage offers convenient parking and additional storage. Owner-occupant needs occupancy until July 15, 2026.
Check out this multi family property in Grosse Pointe Park! This exceptional two unit property is a great rental investment opportunity or perfect for an owner-occupant looking to live in one unit while generating income from the other. Each unit offers 2 spacious bedrooms and 1 full bathroom with comfortable and functional layouts. Completely move-in and rent ready, this property has been updated from top to bottom. Updates include newer kitchen cabinets with granite countertops, remodeled bathrooms, refinished hardwood floors, and bathroom tile flooring. Major mechanical updates include newer furnaces, both central A/C units, both hot water tanks, updated windows, plumbing stack, and glass block basement windows, offering peace of mind for years to come. The home also features front and rear balconies, a 2-car garage accessible from the alley, and separate basement spaces for each unit complete with individual washer and dryer facilities.
Wonderful investment opportunity! This gorgeous and charming tudor duplex is super spacious and in a fabulous GPP location, close to lakefront parks and an easy commute downtown. Each unit has ample living space, hardwood floors, beautiful original details like leaded and stained glass, ornate plaster, and original fixtures. Updated kitchens, newer boilers, and some newer windows. The 3rd floor is a bonus space with a full bath, unfinished attic and lots of potential. Basement has a rec room, laundry areas, and plenty of storage. The building is serviced with two staircases, and a 3 car garage. First floor is tenant occupied.
Exceptional opportunity to acquire a well-located 20-unit multifamily asset in the heart of Grosse Pointe, one of Metro Detroit's most desirable and supply-constrained rental markets. This stabilized community offers immediate cash flow with significant upside through continued rent growth and value-add execution. The property features a strong unit mix with spacious floor plans, well-maintained interiors, and a history of high occupancy. Current ownership has completed substantial capital improvements in recent years, including renovations to a portion of the units, allowing a new owner to continue implementing a proven renovation and rent-increase strategy. Situated in a premier residential setting near the waterfront, top-rated schools, retail, dining, and major employment corridors, the property benefits from consistent tenant demand and long-term market stability. Grosse Pointe's limited multifamily inventory and strong demographic profile create a compelling environment for sustained rental growth and asset appreciation. With in-place income, professional management history, and clear value-add potential, this offering is ideal for investors seeking a stabilized asset with both immediate yield and long-term upside in a premier suburban market.
** WELCOME TO AN ACTUAL DUPLEX: 296-298 RIVARD!! ** THE MAJOR UPDATES HAVE BEEN DONE!! NEW TEAR OFF ROOF, 2 NEW FURNACES, 2 NEW CENTRAL AIR SYSTEMS, AND UPDATED ELECTRICAL PANELS ALL HAVE BEEN DONE IN THE PAST 2 YEARS. THESE TOWNHOUSES WHICH ARE MIRROR IMAGES OF EACH OTHER ALSO INCLUDE A LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, KITCHENS WITH AMPLE STORAGE AND SEPARATE BASEMENTS EACH WITH WASHER AND DRYER. OTHER FEATURES INCLUDED HARDWOOD FLOORS, SECOND FLOOR FLORIDA/STORAGE ROOMS, FIRST FLOOR MUD ROOMS, 2.5 CAR GARAGE, PATIO, AND MORE!! ** GREAT GROSSE POINTE CITY LOCATION JUST 1 BLOCK FROM NEFF WATERFRONT PARK!! **
Grosse Pointe is located in Michigan. Grosse Pointe, Michigan has a population of 5,597. Grosse Pointe is more family-centric than the surrounding county with 36.1% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Grosse Pointe, Michigan is $125,909. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Grosse Pointe is 45.7 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.5 inches per year, with 30.4 inches of snow per year.
