515 Neff Road

Grosse Pointe, MI 48230

$1,295,000
Price
12
Beds
6,958 Sq. Ft.
$186 / Sq. Ft.
6,958
Sq. Ft.
$186
per Sq. Ft.
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Coming Soon
Coming Soon

Description

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,...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 premier location. Situated just one block from The Village, residents enjoy easy access to restaurants, boutiques, coffee shops, fitness studios, grocery shopping, and year-round community events. Walk to Maire Elementary, Elworthy Field, neighborhood parks, tennis courts, Trader Joe's, Lucky Detroit Coffee & Espresso, and resident-exclusive Neff Park featuring a marina, swimming pools, playgrounds, picnic areas, and waterfront recreation. From Music on the Plaza and summer festivals to the iconic Santa Claus Parade and holiday tree lighting, this location embodies the very best of the Grosse Pointe lifestyle and the small-town charm that makes this community so special.
  1. Listed by Charlene Williams • Brokerage DRE #6505365458 • Sine & Monaghan LLC
    P: (313)-600-4019 C: (313)-600-4019 movingwithcharlene@gmail.com

Property Details for 515 Neff Road

Architectural Style
2 Story
Subdivision Name
The C Neff Estates Sub
Waterfront
No
Zoning Description
Residential
LISTING UPDATED: 06/11/2026 04:47 PM

Property Details for 515 Neff Road

StatusComing Soon
MLS #50211102
Days on Market-
Taxes$15,936 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1953
Lot Size0.34 AC / 14,810 SF
CountyWayne County
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Location

Listing Courtesy of Sine & Monaghan LLC
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Building Information for 515 Neff Road

Stories2Residences4Year Built1953Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

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$7,781 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,453

Property Taxes

$1,328

HOA Dues

$0

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Property Information for 515 Neff Road

Summary
Location and General Information
  • Carrier Route: C061
  • Latitude: 42.388542
  • Longitude: -82.912711
  • MLS Area Major: Grosse Pointe (82335)
Taxes and HOA
  • Parcel Number: 37-002-03-0017-001
  • Tax Annual Amount: $15,936.00
  • Tax Year: 2025
Parking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
Property
Lot Information
  • Frontage Length: 156.0
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.34
Property and Assessments
  • Above Grade Finished Area: 6958.0
  • Building Area Total: 6958.0
  • Custom 2: Yes
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Bathrooms Total: 7.0
  • Raw Mls Lot Size: 95X156
  • Raw Mls Modification Timestamp: 06-11-2026 04:40:55 PM
  • Raw Mls Photos Change Timestamp: 06-11-2026 04:38:57 PM
  • Raw Mls Photos Count: 99
  • Raw Mls Property Sub Type: Multi-Family
  • Raw Mls Stories Total: 2.0
  • Year Built: 1953
Building Features
  • Construction Materials: Brick
  • Stories Total: 2
Utilities
  • Utilities: Natural Gas Available, Sewer Available
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Range, Oven, Gas Water Heater
  • Basement: Partially Finished
  • Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 12
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling: Yes
  • Fireplace Features: Living Room
  • Fireplaces Total: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Interior Features: Eat-in Kitchen
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Total: 4

Public Records for 515 Neff Road

Taxable ValueLand-Additions-Total-
Tax Record2023$14,284 ($1,190 / month)
Home Facts
Beds0Baths7Total Finished SqFt6,300 SqFtAbove Grade Finished SqFt6,300 SqFtStories2Lot Size14,810 SqFtStyleSingle Family ResidenceYear Built1953ZoningR1-BCountyWAYNEAPN37 002 03 0017 001Fireplace TypeHas Fireplace

Schools near 515 Neff Road

This home is within Grosse Pointe Public Schools.
Rating
School
Type
Grades
Distance
Lewis Maire Elementary School
Public - K to 4
Pierce Middle School
Public - 5 to 8
Grosse Pointe South High School
Public - 9 to 12
Foundation for Exceptional Children
Private - PK to 12
Rating
School
Distance
Lewis Maire Elementary School
PublicK to 4

Pierce Middle School
Public5 to 8

Grosse Pointe South High School
Public9 to 12

Foundation for Exceptional Children
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 515 Neff Road, Grosse Pointe, MI 48230

515 Neff Road is a multi-family home Coming Soon in Grosse Pointe, MI 48230. This property is currently priced at $1,295,000. This listing's school district is Grosse Pointe Public Schools. Nearby schools include Lewis Maire Elementary School, Pierce Middle School and Grosse Pointe South High School. 515 Neff Road is a 12-bed, 8-bath, 6,958 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sine & Monaghan LLC

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