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$525,000

Untitled Listing

Detroit, Michigan 48202

Virginia Park Neighborhood

8 Baths

6787 Sq FT

$77.35 Price per Sq Ft

Highlights

About This Home

Excellent Investment Opportunity in Detroit’s Virginia Park District! This is an exceptional income-producing multi-family property located in the historic Virginia Park district of Detroit. This two-story building offers seven rentable units in a variety of layouts including three bedroom, two-bedroom, one-bedroom, and studio apartments ideal for maximizing occupancy and rental income. Many units feature modern updates such as new flooring, countertops, and appliances, while an on-site laundry facility adds extra convenience for tenants. Situated in the Virginia Park Historic District (listed on the National Register of Historic Places in 1982), this property enjoys a prime location near Woodward Avenue and the Q-Line, providing easy access to New Center, Midtown, and downtown Detroit. Whether you’re an experienced investor or just entering the Detroit market, this property offers the perfect blend of historic charm, steady income potential, and unbeatable location! New Detroit PILOT program available for an immediate value add opportunity to substantially reduce property taxes! Inquire for more info!

Listing Agent

Daniel DeKeyser

Jim Saros Real Estate Services

Listed on : October 10, 2025

Activity

Days on Market:

166

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $25,116

Year Built

  • Built in 1911

Lot Details

  • 0.19 Acre Lot
  • Lot Dimensions are 50X163

Parking

Home Design

Interior Spaces

  • 6,787 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 8 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48202

Utilities

  • HotWater, NaturalGas
  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

Map

About Virginia Park

Virginia Park Learn More About Virginia Park
Own It Realty

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