USAMIGrosse PointeThe C Neff Estates Sub515 Neff Rd

515 Neff Rd, Grosse Pointe, MI

House

For Sale

Listed price in listed location currency (USD).

$1,295,000

1282

MLS® 58050211102

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 6958 sqft

Garage Yes

Taxes $15,936

Days Active 7

Lot Size 0.34 Acres

Approx. Age 1953

Avg. Price Per Sqft $186

MLS® Number 58050211102

Property Address: 515 Neff Rd, Grosse Pointe, MI, 48230-1646

Average square foot calculated using Size range provided by listing agent.

Description

OPEN HOUSE WEDNESDAY 6/17 12-2PM. 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 p

MLS® Number58050211102

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1953

BasementPartially Finished

DrivewayTwo Car Garage, Assigned 2 Spaces, Attached, Garage, Paved

Garage Spaces

HeatForced Air, Natural Gas, Separate Meters

A/CCeiling Fans, Central Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 11, 2026List Date

$1,295,000List Price

Commute

Commute

Starting Address

Destination Address

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