For Sale
Multi family home for sale at 3931 Mcgraw St, Detroit, MI 48208 | MLS# 20261060857 | Listing updated on 2026-08-06
Photo 1 of Multi family home for sale at 3931 Mcgraw St, Detroit, MI 48208 | MLS# 20261060857 | Listing updated on 2026-08-06
Photo 2 of Multi family home for sale at 3931 Mcgraw St, Detroit, MI 48208 | MLS# 20261060857 | Listing updated on 2026-08-06
Photo 3 of Multi family home for sale at 3931 Mcgraw St, Detroit, MI 48208 | MLS# 20261060857 | Listing updated on 2026-08-06
Photo 4 of Multi family home for sale at 3931 Mcgraw St, Detroit, MI 48208 | MLS# 20261060857 | Listing updated on 2026-08-06
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Street View

$550,000

Monthly Est:$2,738

  • Beds Icon-- Bed
  • Beds Icon
    27 Baths
  • Beds Icon24,255sqft

3931 Mcgraw St, Detroit, MI 48208

$2,738/moEst:

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  • Multi Family

  • Built in 1920

  • $-- HOA

  • 0.38 acre lot

  • $23/sq.ft

Description

McGraw/Boulevard Lawn Apartments

Strategically positioned at McGraw Street and West Grand Boulevard, this four-section, interconnected multifamily complex offers exceptional redevelopment potential within an increasingly connected area of Detroit. The property sits between several of the city’s most significant investment districts, including Henry Ford Health’s $3 billion Future of Health initiative, Ford’s Michigan Central innovation district, and the advancing $62 million Junction McGraw industrial development. Access to I-94 and I-96 connects the site to Downtown, Midtown, Dearborn, major employment centers, Detroit’s stadium and entertainment district—including Ford
Field, Comerica Park, and Little Caesars Arena—and the Ambassador and Gordie Howe international bridges to Canada.

The apartments offer varied configurations serving a broad range of household needs. A unit mix weighted toward three-bedroom apartments can accommodate families seeking larger rental housing. Generously sized two-bedroom units provide flexibility for residents who work from home or need office, study, or multipurpose space. One-bedroom apartments further broaden the tenant base and allow the development to serve multiple household sizes and price points.

This substantial redevelopment opportunity is ideally suited to a seasoned, well-capitalized developer with the experience and resources to execute a comprehensive, multi-phase rehabilitation. The project requires a sponsor capable of navigating structural rehabilitation, municipal approvals, construction financing, phased construction, and lease-up. For the right team, it presents an exceptional opportunity to reposition a distinctive 27-unit residential asset, create quality housing for Detroit’s missing-middle workforce, support broader workforce-development goals, and pursue nearby infill opportunities.

Buyer to independently verify all building measurements.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: August 6, 2026 at 12:46 pm
  • Listing Provided by: Antoine Hayes (313) 915-8780 | Elite Urban Realty Professionals (248) 419-1004
  • Source: Realcomp MLS-MI | MLS#: 20261060857 Realcomp MLS-MI
  • Originating MLS: Realcomp II Ltd

Part of

Building
3931 Mcgraw St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    --

  • Year Built

    1920

  • HOA Fees

    -

  • Finished Area

    24,255 sqft

  • Lot Size

    0.38 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    20261060857

  • MLS Status

    Active

  • Days on Market

    65

  • Cumulative Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathrooms: 27

Interior

  • Heating

    Natural Gas, Other Heating Source

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1920

  • Home type

    Multi Family

  • Architectural Style

    Other

  • Foundation Details

    Basement, Brick Mortar

  • Construction Materials

    Brick, Stone

Utilities & Energy

  • Parking Features

    Parking Lot, Paved, Shared Driveway

  • Basement

    Common, Full, Interior Entry, Unfinished

  • Water Source

    Public, Separate Meters

  • Pool Features

    None

Other Features

  • Disclosures

    Annual Property Operating Data Not Available, Conformsto Zoning, Exclusions Do Not Exist, No Inventory Included, No Inventory List Available, No Restrictions, Projected Income, Taxes Not Homestead Exempt

  • Patio And Porch Features

    Deck

  • Subdivision Name

    Bela Hubbards Sub L5 P46

Price History

DateEventPrice

08/06/2026

Source: mls_logoRealcomp MLS-MI #20261060857

Listed for Sale

$550,000 +10.22%

$23/sqft

12/07/2025

Source: mls_logoMiRealSource MLS-MI #60396680

Listing Removed

$499,000

$21/sqft

08/01/2025

Source: mls_logoRealcomp MLS-MI #20250035810

Listed for Sale

$499,000

$21/sqft

05/22/2025

Source: mls_logoRealcomp MLS-MI #20250035810

Off Market

$499,000 -9.11%

$21/sqft

05/22/2025

Source: mls_logoRealcomp MLS-MI #20250035810

Listed for Sale

$549,000

$23/sqft

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 07:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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