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Studio Homes for Sale in Islandview

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  • /31

    $365,000

    • Studio
    • 6 Baths
    • 2,884 Sq Ft

    485 E Grand Blvd, Detroit, MI 48207

    Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with nine long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms,

    Charles Siciliano @properties Christie's Int'l R.E. Birmingham

    485 E Grand Blvd, Detroit, MI 48207
  • /66

    $399,999

    • Studio
    • 6 Baths
    • 3,904 Sq Ft

    491 E Grand Blvd, Detroit, MI 48207

    Discover a rare investment opportunity in the heart of Detroit with this versatile multi-use property. Zoned R5 with commercial office approval, it offers the flexibility to convert into a multi-family building, apartments, or a single-family residence—all without the need for rezoning. Ideally situated near downtown, this property provides quick access to restaurants, nightlife, and

    Chad Apap EXP Z Real Estate

    491 E Grand Blvd, Detroit, MI 48207

Why Live in Islandview

Islandview is a neighborhood in Detroit characterized by its historic homes, primarily built in the early 20th century. The area features Colonial Revival and American Foursquare homes, many with wide front porches. While some properties have been updated or restored, others require significant improvements. The neighborhood also includes apartment and condo options, such as The Lofts at Rivertown on Jefferson Avenue. Residents enjoy various recreational amenities, including the Butzel Family Recreation Center and its adjacent playground, as well as access to the Detroit Riverwalk through Gabriel Richard Park and MacArthur Bridge Park. Belle Isle, a nearly 1,000-acre state park, is also nearby. Dining options include Brewery Faisan, Southern Fire and The Commons, while Harper Galleries of Art offers antique furniture shopping. For groceries and essentials, residents head to Dollar General, Family Dollar and Parkway Foods about a mile east on Jefferson Avenue. Major events like the Detroit Grand Prix and the Detroit Auto Show highlight the city's automotive heritage. Gratiot Avenue and Interstate 94 provide convenient routes for commuting, with bus stops available for public transit users.

Frequently Asked Questions

Is Islandview a good place to live?
Islandview is a good place to live. Islandview is considered somewhat walkable and very bikeable with some transit options. Islandview is a suburban neighborhood. Islandview has 7 parks for recreational activities. It is somewhat dense in population with 9.1 people per acre and a median age of 46. The average household income is $69,109 which is below the national average. College graduates make up 25% of residents. A majority of residents in Islandview are renters, with 62.7% of residents renting and 37.3% of residents owning their home. A local real estate agent serving Islandview can help you decide if this neighborhood is the right one for you. Learn more on our Islandview neighborhood guide.
Is Islandview, MI a safe neighborhood?
Islandview, MI is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Islandview?
The median home price in Islandview is $229,500. If you put a 20% down payment of $45,900 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Islandview. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Islandview is $69K.
What are the best public schools in Islandview?
The best public schools that serve Islandview are:
What are the best private schools in Islandview?
The best private schools that serve Islandview are:
  • Detroit Waldorf School has an A+ Niche grade, a student teacher ratio of 13:1 and an average review score of 5.0.
What are the most popular zip codes in Islandview, Detroit, MI?
The most popular zip code in Islandview, Detroit, MI is 48207.

Home Trends in Islandview, MI

Housing Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$250,000
Median Townhouse Sale Price
$171,500
Median 2 Bedroom Sale Price
$219,950
Median 1 Bedroom Sale Price
$142,500
Average Price Per Sq Ft
$138
Number of Homes for Sale
42
Last 12 months Home Sales
55
Months of Supply
9.20
Median List Price
$229,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
73%
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