Welcome to your next dream investment! Nestled in the charming heart of Grosse Pointe, this meticulously maintained 2-unit multifamily building is a gem waiting to shine in your portfolio. With spacious 2-bedroom apartments, each outfitted with updated bathrooms, premium tile floors, and convenient in-unit laundry, this property is designed for both comfort and style. Excellent rental history with current tenants in place, offering immediate income potential. Don't miss out on this turnkey multifamily property! Agent has ownership interest in the property.
Multi-familyProperty Type
1922Year Built
6,534 sq ftLot Size
$226Est. Price/Sq.Ft.
Listed by William Frank• Vision Realty Centers
•248-880-6843 (broker)
Bought with Jennifer Frustaci Adlhoch• Adlhoch & Associates, REALTORS
Welcome to your next dream investment! Nestled in the charming heart of Grosse Pointe, this meticulously maintained 2-unit multifamily building is a gem waiting to shine in your portfolio. With spacious 2-bedroom apartments, each outfitted with updated bathrooms, premium tile floors, and convenient in-unit laundry, this property is designed for both comfort and style. Excellent rental history with current tenants in place, offering immediate income potential. Don't miss out on this turnkey multifamily property! Agent has ownership interest in the property.
RENT. #1
May 15, 2022
Price Changed
$1,595
$1/sq ft
MiRealSource-MiMLS #280592
Jul 27, 2010
Sold
$65,000
$29/sq ft
Jun 6, 2010
Listing Removed
—
Feb 10, 2009
Listed
$75,000
$34/sq ft
REALCOMP #29138094
Jul 27, 2010
Sold
$65,000
$29/sq ft
Feb 10, 2009
Listed
$75,000
$34/sq ft
REALCOMP #29037019
Oct 14, 2009
Listing Removed
—
Feb 10, 2009
Listed
$99,500
$44/sq ft
MiRealSource-MiMLS #394400
Dec 2, 2008
Listing Removed
—
Jun 10, 2008
Listed
$130,000
$58/sq ft
REALCOMP #28098833
Dec 2, 2008
Listing Removed
—
Jun 10, 2008
Listed
$130,000
$58/sq ft
MiRealSource-MiMLS #4607
Dec 2, 2008
Listing Removed
—
Jun 2, 2008
Listed
$130,000
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,863 (+6.4%)
2024
$6,450 (+4.8%)
2023
$6,152 (+4.9%)
2022
$5,866 (+2.7%)
2021
$5,711 (+0.8%)
2020
$5,664 (−2.1%)
2019
$5,783 (+10.4%)
2018
$5,238 (+2.0%)
2017
$5,133 (+0.9%)
2016
$5,090 (−0.7%)
2015
$5,128 (+3.2%)
2014
$4,971
Tax history for 866 RIVARD Blvd
Year
Property tax
Land + Additions
Assessment*
2025
$6,863 (+6.4%)
2024
$6,450 (+4.8%)
2023
$6,152 (+4.9%)
2022
$5,866 (+2.7%)
2021
$5,711 (+0.8%)
2020
$5,664 (−2.1%)
2019
$5,783 (+10.4%)
2018
$5,238 (+2.0%)
2017
$5,133 (+0.9%)
2016
$5,090 (−0.7%)
2015
$5,128 (+3.2%)
2014
$4,971
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
2
Stories
—
Lot width
50 ft.
Lot depth
129 ft.
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
2,237
Year built
1922
Style
Single Family Residential
County
Wayne County
APN
37 001 04 0063 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Interior
Virtual Tour
Bathroom Information
# of Lavatories: 1
# of Bathrooms (Full): 3
# of Baths/Lavatories (Total): 4
Laundry/Basement Information
Basement Type: Mi Basement
Exterior
Exterior Features
Exterior Construction: Wood
Property Information
Property Type: Multi-Family
Property Type: Duplex
Structure Style: 2 Story
Year Built: 1922
Lot Information
Zoning: Multi-Family
Land Information
Acreage: 0.15
Roads: Paved Street
Frontage: 0
Financial
Tax/Assessments Information
Taxable Value: $98,701
Total Tax Amount: $6,307
Summer Tax Amount: $3,356
Winter Tax Amount: $2,951
Lease/Rent Information
Has Lease
Utilities
Utility Information
Water: Public Water
Fuel Type: Natural Gas
Heating System: Forced Air
Sewer Septic: Public Sanitary
Location
Mult-Unit Information
# of Units (Total): 2
Net Operating Income: $36,000
Net Operating Income: 36000
School Information
School District: Grosse Pointe Public Schools
School District: Grosse Pointe Public Schools
Address Information
Street Designation: Boulevard
Location Details
Directions: NE on Mack Ave. Right turn on Rivard Blvd. 1 block down on the Left
Municipality Type: City
Municipality: Grosse Pointe
Mail City: Grosse Pointe
Subdivision: ASSR'S CITY OF GROSSE POINTE PLAT NO 3
Municipality: Grosse Pointe
Area (Municipality): Grosse Pointe (82335)
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 2,237
Stories: —
Lot Size: 6,534 square feet
Style: Single Family Residential
Year Built: 1922
Year Renovated: —
County: Wayne County
APN: 37 001 04 0063 000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Originating MLS: RealComp
Around this home
Schools
Richard Elementary School
Public K-4 • Assigned • 0.6mi
8/10
Brownell Middle School
Public 5-8 • Assigned • 0.7mi
8/10
Grosse Pointe South High School
Public 9-12 • Assigned • 0.9mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Grosse Pointe, MI • 48230 1257
Average low and high temperatures (°F)
28
17
34
21
50
33
59
42
66
50
80
63
84
69
78
64
75
60
65
49
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$480,000 – $581,000
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