2843 E Grand BLVD # 12, Detroit, MI 48211
Est. $3,327/mo with current taxes · · See the breakdown
About this home
Here it is! The vibey loft you've been waiting for. With over 1,200 square feet of finished living space, this oversized 1-bedroom, 1-bath loft offers the kind of flexible layout that's perfect for anyone looking to live, work, and entertain in the city. RARE - Step outside to your private rooftop deck, enjoy the convenience of a detached one-car garage inside a secure gated lot, plus an in-unit washer and dryer hookup. Even better? Low INVESTOR FRIENDLY NEZ taxes (you do not need to claim homestead to qualify for the tax abatement) help keep your monthly ownership costs down! Located in Detroit's rapidly growing Milwaukee Junction neighborhood, you're just minutes from local favorites like Oak & Reel, The Kiesling, Chroma, and everything happening in Midtown, New Center, and Downtown. City living with space to breathe!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 64.18 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $425,000 |
| Beds | 1 |
| Baths | 1 full |
| Square feet | 1,204 |
| Type | Condominium |
| Subdivision | WAYNE COUNTY CONDO PLAN 940 CHAP LOFTS |
| County | Wayne |
| MLS # | 20261088315 |
| Listed | 2026-11-02 |
| Days on market | 0 |
| Year built | 1930 |
| Possession | Negotiable |
| Stories | 3 stories |
| Heating | Forced air, Natural gas |
| Foundation | Poured, Slab |
| Garage spaces | 1.0 |
| Water / Sewer | City water & sewer |
| Parcel number | W03I001788S012L |
| Listing office | Max Broock, REALTORS®-Detroit |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $5,738 | about $212,500 |
| Yearly property tax | $470 | about $13,639 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $13,169 a year more than this seller pays. The assessor's state equalized value (SEV) is $88,500. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.
City of Detroit records for this parcel
- Local historic district: Jam Handy/North End-East Grand Boulevard. Exterior changes such as windows, roofing, doors and fences need approval from the Historic District Commission.
From the City of Detroit's current parcel file, parcel W03I001788S012L.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.