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$159,000

Beds
3
Baths
1.0
sq ft
1,307

20492 Grandview St, Detroit, MI 48219

20492 Grandview St

DetroitCity_Wayne, MI 48219

    • Price drop $900↓
*Motivated seller, list price is negotiable * ?? TWO HOMES, ONE PARCEL – PRIME INVESTMENT OPPORTUNITY! Attention investors and savvy buyers! This rare property offers two separate homes on one parcel, making it an excellent opportunity for rental income or multi-generational living. Main Home Features: 3 Bedrooms | 1 Full Bath Spacious - Unfinished Basement Spacious Living Room: 24' x 14' (Wood Flooring) – Includes Fireplace Dining Room: 12' x 12' (Wood Flooring) Kitchen: 12' x 12' (Vinyl Flooring) Primary Bedroom: 14' x 10' (Wood Flooring) Bedroom 2: 12' x 10' (Wood Flooring) Bedroom 3: 12' x 12' (Wood Flooring) Full Bath: 8' x 6' Laundry Room: 14' x 10' (Vinyl Flooring) Second Home (Grandfathered Unit – Not Reflected in Listing Data): 797 Sq. Ft. | 2 Bedrooms | 1 Full Bath Living Room and Bedrooms: Carpeted Vinyl Siding Includes living room, kitchen, and laundry area Currently occupied, but the occupants plan to vacate before the sale ?? Two income-generating units on one lot ?? Fireplace in the main home’s living room ?? Great opportunity for house hacking or investment ?? Floor plan available to visualize layout ?? Priced to sell – don’t miss out! Due to the nature of the seller’s business, interior photos are unavailable, but we’ve provided a detailed floor plan to give buyers a clear view of the home's layout. Showings by appointment only. Don’t wait—this opportunity won’t last long! ?? Contact us today for more details.

Details

Property type

Single Family Residence

Est. home value

$217,654

Lot size

0.30 acres

Price per sq ft

$122

Year built

1930

Annual property taxes

$6,873

HOA

No

Price History

02/25/2025
Realcomp

Realcomp #20250007058

Listed
$159,000
+925.81%
10/01/2013
Realcomp

Realcomp #213074733

Sold
$15,500

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Not Available

Loan start date

June 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Keishawna Gavin

Lender

Not Available

Loan start date

June 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Keishawna Gavin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 5:50 AM

Listing updated: 03/27/2025 at 1:30 PM

Listed by: Tyrone Powell, EXP Realty Main Phone #: (888) 501-7085

MLS: Realcomp #20250007058

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