515 Neff Rd
Grosse Pointe, MI 48230
- 12 Beds
- 7 Baths
- 6,958 sqft (on 0.34 acres)
12 Beds
7 Baths
6,958 sqft
(on 0.34 acres)
Local Information
-- mins to
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, 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.
Home Highlights
Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$186
Listed
13 days ago
Home Details for 515 Neff Rd
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Interior Details Basement: Partially FinishedNumber of Rooms: 3Types of Rooms: Bathroom, Dining Room, Kitchen |
Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 8Number of Bathrooms (full): 6Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 6958 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water HeaterDishwasherDisposalDryerLaundry: Second Floor LaundryMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Living RoomHas a Fireplace |
Gas & Electric Gas: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Hardwood |
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Exterior Home Features Foundation: Basement |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageNo Open ParkingParking Spaces: 3Parking: 3 or More Spaces,Garage,Driveway,Attached |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public At Street |
Farm & Range Frontage Length: 156 |
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Cumulative Days on Market: 8Days on Market: 13 |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick |
Property Information Parcel Number: 37002030017001 |
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Price List Price: $1,295,000Price Per Sqft: $186 |
Status Change & Dates Off Market Date: Fri Jun 19 2026Possession Timing: Close Of Escrow |
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MLS Status: Pending |
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Direction & Address City: Grosse PointeCommunity: The C Neff Estates Sub |
School Information Elementary School District: Grosse Pointe Public SchoolsJr High / Middle School District: Grosse Pointe Public SchoolsHigh School District: Grosse Pointe Public Schools |
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Listing Agent Listing ID: 50211102 |
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Building Area Building Area: 6958 Square Feet |
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Community Features: Sidewalks |
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Association for this Listing: MiRealSource |
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Lot Area: 0.34 acres |
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Special Conditions: Private |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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BasementMls Number: 50211102Attribution Contact: Main: 313-884-7000Days In Mls: 8 |
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SidewalksSource Internet Entire Listing Display |
Last check for updates: about 12 hours ago
Listing courtesy of Charlene Williams, (313) 600-4019
Sine & Monaghan LLC, (313) 884-7000
Originating MLS: MiRealSource
Source: MiRealSource, MLS#50211102

Also Listed on MiRealSource, Realcomp II.
Market trends in Grosse Pointe
Last updated May 2026
Avg. sale price
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Sale-to-List Price
—
Price per sq ft
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Available listings
31
Price History for 515 Neff Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 06/19/2026 | $1,295,000 | Pending | MiRealSource #50211102 |
| 06/17/2026 | $1,295,000 | Listed For Sale | MiRealSource #50211102 |
Similar Homes You May Like
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $379,300 |
Home facts updated by county records
Comparable Sales for 515 Neff Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | $480,000 | 01/23/26 | 5 | 3 | 3,000 | |
0.25 | Multi-Family Home | $492,000 | 10/20/25 | 4 | 2 | 2,308 | |
0.13 | Multi-Family Home | $505,000 | 06/22/26 | 4 | 3 | 2,660 | |
0.35 | Multi-Family Home | $435,000 | 11/20/25 | 4 | 2 | 2,526 | |
1.09 | Multi-Family Home | $635,000 | 05/12/26 | 6 | 5 | 3,490 | |
1.35 | Multi-Family Home | $625,000 | 05/21/26 | 6 | 5 | 4,290 | |
0.64 | Multi-Family Home | $370,000 | 05/29/26 | 3 | 2.5 | 1,808 | |
1.07 | Multi-Family Home | $525,000 | 06/27/25 | 5 | 4 | 3,712 | |
0.62 | Multi-Family Home | $275,000 | 09/10/25 | 4 | 2 | 2,014 | |
1.36 | Multi-Family Home | $485,000 | 06/27/25 | 8 | 4 | 3,861 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 515 Neff Rd.
What Locals Say about Grosse Pointe
At least 28 Trulia users voted on each feature.
100 % Say there are sidewalks
97 % Say it's dog friendly
97 % Say it's walkable to grocery stores
97 % Say it's walkable to restaurants
97 % Say kids play outside
93 % Say streets are well-lit
93 % Say yards are well-kept
86 % Say car is needed
86 % Say people would walk alone at night
84 % Say parking is easy
83 % Say there's holiday spirit
81 % Say neighbors are friendly
78 % Say they plan to stay for at least 5 years
74 % Say it's quiet
71 % Say there are community events
28 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Charlene Williams, Sine & Monaghan LLC, (313) 884-7000
Agent Phone: (313) 600-4019

Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information
515 Neff Rd, Grosse Pointe, MI 48230 is a 12 bedroom, 8 bathroom, 6,958 sqft multi-family built in 1953. This property is currently available for sale and was listed by MiRealSource on Jun 11, 2026. The MLS # for this home is MLS# 50211102.

