Movoto Real Estate
Sold on 03/09/2026
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2005 Vernier Rd, Grosse Pointe Woods, MI 48236

  • $229,000

    Last sold 03/09/2026 after 27 Days

  • 4

    bed

  • 3

    bath

  • 2,303

    Sqft ($99/Sqft)

Multi-family not for sale
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About 2005 Vernier Rd

Property type Multi-family
Neighborhood
Year built 1953
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Property description
Exciting multifamily investment opportunity in rapidly appreciating Grosse Pointe Woods! Outstanding location just off Mack Avenue, this all-brick duplex offers a rare and highly desirable layout featuring a lower 3-bedroom apartment (extremely hard to find and commands a rental premium) plus a spacious 1-bedroom upper unit. Both apartments feature large, open-concept living spaces. The lower unit includes a living room and family room, a full bathroom, plus an additional half bath located in its private basement, along with extra storage and laundry. Kitchens and bathrooms in both units are well maintained. Each unit enjoys its own private basement with laundry and storage, separate utility meters, and off-street parking with a driveway and garage—making this property exceptionally easy to manage. Landlord currently pays water, lawn, and snow. Tenants pay gas & electric. Perfect for investors or owner-occupants—house hack by living in one unit while renting the other. Both units are currently leased month to month, providing flexibility and in-place income from day one. Highly walkable location just steps from coffee shops, dining, shopping, and award-winning Grosse Pointe Public Schools. Residents also enjoy access to the Grosse Pointe Woods waterfront park featuring a marina, pool, putt-putt golf, and more. Neighboring duplexes have sold for $300K+, presenting a compelling value-add upside in an already strong market.
Listed by
Listing Agent - James B Saros
Listing Agent Contact: 3138869030
Listing Office - Jim Saros Real Estate Services
Source: Realcomp mls logo
MLS#20261008501 • last updated 5 months ago
Movoto checked Realcomp for data 6 minutes ago
Overview
Heating ForcedAir, NaturalGas
Levels/Style Two, Cape Cod
Status Closed
SubType Multi Family
Living Area 2303
MLS # 20261008501
Lot Size (Acres) 0.13
Property Tax 5713
Interior
Total # of Bathrooms 3
# of Full Baths 2
# of Half Baths 1
Laundry In Unit
Exterior
Construction Brick
Foundation Basement, Block
Parking Garage
Amenities / Utilities
Pool Community
Location
Subdivision ARTHUR J SCULLYS EASTERN SUPER HWY SUB 2
High School District Grosse Pointe
APN 40007011683002
Directions Located Off Mack
Zoning Multi-Family
Multifamily Details
Rent Includes Sewer, SnowRemoval, Water, YardMaintenance
# Units Leased 2
Gross Scheduled Income 22680
Net Operating Income 13180
Monthly Rental Income 1890
Lot/ Land Details
Road Frontage Paved
$230K
Range: $213K-$246K
Last 30 days 
  • Mar 2026
    mls logo MLS # 20261008501
  • Mar 12, 2026 Sold
    $229,000
  • Feb 20, 2026 Pending
  • Feb 10, 2026 Listed
    $229,000 (+83.2%)
  • Feb 2026
    mls logo MLS # 60969005
  • Feb 10, 2026 Listed
    $229,000
  • Jul 2003
    Public Records
  • Jul 10, 2003 Sold
    $125,000
  • Year Property taxes Tax assessment
  • 2023
    $5,482 +4.8%
    $152,000 +7.04%
  • 2022
    $5,230 -5.5%
    $142,000 +22.1%
  • 2021
    $5,535 +2.5%
    $116,300
  • 2020
    $5,399 -3.3%
    $116,300 -13.08%
  • 2019
    $5,582 +23.6%
    $133,800 +29.28%
  • 2017
    $4,515
    $103,500
  • 2005 Vernier Rd
    $229K
  • Grosse Pointe Woods
    $379K +13% y/y
  • 48236
    $410K +3% y/y
  • Grosse Pointe Woods
    $335K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • 2005 Vernier Rd
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