The MJA CompanyNational Realty Centers (248) 780-8944
3931 Mc Graw Street, Detroit, MI 482083931 Mc Graw Street, Detroit, MI 48208 photo 23931 Mc Graw Street, Detroit, MI 48208 photo 33931 Mc Graw Street, Detroit, MI 48208 photo 43931 Mc Graw Street, Detroit, MI 48208 photo 5
$550,000 For sale

3931 Mc Graw Street

Detroit, MI 48208

27baths
24,255sqft
0.38acres
1920built
$23per sqft
56days listed

Multi Family · MLS # 20261060857 · Listing courtesy of Elite Urban Realty Professionals

About this home

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.

Interior

Full baths27
Half baths0
Living area24,255 sqft
BasementCommon, Full, Interior Entry, Unfinished
LevelsThree

Systems and utilities

HeatingNatural Gas, Other Heating Source
WaterPublic, Separate Meters
SewerPublic Sewer

Exterior and lot

StyleOther
Year built1920
ConstructionBrick, Stone
FoundationBasement, Brick Mortar
Garage spaces0
ParkingParking Lot, Paved, Shared Driveway
Lot size0.38 acres
Lot dimensions127x130
Patio and porchDeck
PoolNone

Taxes, HOA and more

Annual taxes$16,955
Summer taxes$6,719
Winter taxes$10,236
SubdivisionBELA HUBBARDS SUB L5 P46
MunicipalityDetroit
CountyWayne
PossessionAt Close
Sale termsCash, Warranty Deed
Special conditionsShort Sale No, Standard

Schools

School districtDetroit

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial 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. Data updated Sep 30, 2026, 7:20 PM.

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