$339,900

Estimated payment $2,240/month

Total Views 6,369
7 Beds
3 Baths
3,072 Sq Ft
$111 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed
  • 2-minute walk to 360 Park
  • Cass Technical High School Rated 10

About This Home

This beautifully renovated triplex in VIrginia Park is located right around the corner from Detroit's Cultural Center. The spacious three-unit investment property blends modern amenities with classic charm, featuring wood flooring, original built-ins, brand-new stainless steel appliances and in-unit laundry for your convenience. First two floors are three-bedroom/one-bathroom units with spacious bedrooms and living spaces; the third floor is a one-bedroom unit with a kitchen and full bathroom. The outside space in the rear can be used as free parking. First floor is vacant for showings (on market for lease at $1,400/month). The second and third levels are occupied. A short walk gets you to local restaurants, grocery stores, as well as both Henry Ford and DMC hospitals. Perfect for professionals or anyone looking to be close to it all.
Annual income increased to $45,540 per year once the first floor is leased. Low-maintenance property. Property being sold as 1163-1165 Virginia Park.

Listing Agent

Johanna Walker

O'Connor Realty Detroit, LLC License #6501384796 Listed on: 05/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40.00 x 174.00

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 3,072 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W06I001762S

Community Details

Overview

  • 3 Units
  • Virginia Pk Sub Of Pt Of1/4 Sec 55 Ttat Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,552

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 3 Story
  • Assessment: 350.00
  • Year Built: 1914
  • State Equalized Value: 58800.0000
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3072
  • Total Sq Ft: 3072
  • Sq Ft Total Bsmt: 1269

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 40.00 x 174.00
  • Parcel Number: W06I001762S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2395

Tax Info

  • Tax Amount Summer: 4281.0000
  • Tax Amount Winter: 271.0000
  • Total Tax: 4552.0000
  • Taxable Value: 52185.0000

Multi Family

  • Gross Scheduled Income: 28740.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,031 $69,200 $0 $0
2024 $4,031 $58,800 $0 $0
2023 $2,553 $49,700 $0 $0
2022 $2,733 $39,900 $0 $0
2021 $2,654 $26,500 $0 $0
2020 $1,643 $23,100 $0 $0
2019 $1,423 $17,400 $0 $0
2018 $1,260 $14,300 $0 $0
2017 $222 $13,200 $0 $0
2016 $1,372 $30,000 $0 $0
2015 $1,220 $12,200 $0 $0
2013 $1,693 $16,934 $0 $0
2010 -- $24,263 $828 $23,435
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Off Market $1,450 -- --
05/17/2025 05/17/25 For Sale $339,900 0.0% $111 / Sq Ft
04/24/2025 04/24/25 For Rent $1,450 0.0% --
12/22/2022 12/22/22 Sold $88,000 0.0% $29 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $88,000 0.0% $29 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $88,000 -- $29 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Deed $88,000 --
Warranty Deed -- Va Title
Sheriffs Deed $82,986 None Available
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,930 New Conventional
Previous Owner $78,315 VA
Previous Owner $106,360 VA
Previous Owner $82,400 No Value Available
Source: Public Records

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Source: Realcomp

MLS Number: 20250025052

Realcomp

APN: 06-001762