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1197 VIRGINIA PARK Street
Detroit MI 48202 US

$1,075,000

Active Listing ID 20261018059
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Lot: 0.32 Acres
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Other

$1,075,000

Active Listing ID 20261018059
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1197 VIRGINIA PARK Street Excellent investment opportunity in Detroit’s desirable Virginia Park neighborhood, located within an Opportunity Zone! This well-maintained 9-unit townhouse-style multifamily property in the New Center area offers strong rental potential and long-term upside. The building features a diverse unit mix including six 2-bedroom units, two spacious 5-bedroom units, and one 4-bedroom unit—ideal for maximizing rental income. All units are currently occupied, providing immediate cash flow. Significant updates include a freshly painted exterior (2025) and brand-new gutters (2025). Multiple units have been remodeled in 2024–2025, enhancing overall appeal and value. Each unit is equipped with central air conditioning, newer furnaces, hot water tanks, and updated appliances, including in-unit washers and dryers. Additional features include semi-finished basements, ADT alarm systems, and an exterior security camera system. Owned and professionally managed for over 20 years, this property reflects consistent care and attention. Conveniently located near Henry Ford Hospital, Wayne State University, downtown Detroit, QLine transit, and major freeways, making it highly attractive to tenants. Turnkey, fully occupied, and positioned in a high-demand area—this is a rare opportunity to add a solid performing asset to your portfolio. 16, 546 Est Tot Fin: includes basements each with own baths.

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Property Features

  • Facts
  • Lot Size: 0.32 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Shingle

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1075000
  • unparsedaddress: 1197 VIRGINIA PARK Street
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48202
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.32
  • lotsizeunits: Acres
  • lotsizearea: 0.32
  • livingarea: 16546
  • livingareaunits: Square Feet
  • listagentfullname: James T Silver
  • listagentemail: silverteam01@gmail.com
  • listagentkey: 3yd-REALCOMPMI-302927
  • listagentmlsid: 302927
  • listagentpreferredphone: 2485307292
  • listagentofficephone: 2486497200
  • listofficekey: 3yd-REALCOMPMI-409720
  • listofficemlsid: 409720
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1916
  • yearbuilteffective: 2015
  • listingcontractdate: 2026-03-20
  • listagenturl: http://jamessilver.yourkwagent.com
  • countyorparish: Wayne
  • parcelnumber: W06I001766S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"M77 LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jamessilver@kw.com", "ListBrokerageCity":"Troy", "ListBrokerageCountry":"US", "ListBrokerageEmail":"laithyaldo@hotmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/REALCOMPMI/c5ababf0228558c101228906f5200095/20090729120511040.jpeg", "ListBrokerageName":"M77 LLC", "ListBrokeragePhone":"248-649-7200", "ListBrokeragePostalCode":"48084", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Ste 100", "ListBrokerageUnparsedAddress":"901 Wilshire", "ListBrokerageWebsiteUrl":"http://www.kwtroy.com/", "ListOfficeAddress1":"888 W Big Beaver Road #200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"304862", "ListOfficeCity":"Troy", "ListOfficeCountry":"US", "ListOfficeEmail":"laithyaldo@hotmail.com", "ListOfficePostalCode":"48084", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartments, Business And Real Estate - Detroit, MI", "ListingURL":"https://listings.listhub.net/pages/REALCOMPMI/20261018059/?channel=rexren", "MLSModificationTimestamp":"2026-04-03T15:33:20Z", "Neighborhoods":[{"Description":null, "Name":"Det: Livernois-I75 6-Gd River"}], "PostalCode":null, "RawPropertySubType":"Apartments, Business And Real Estate", "RawPropertyType":"Commercial/Industrial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5518, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/3/2026 9:03:57 PM GMT
Source Updated Date: 4/4/2026 6:53:29 PM GMT

Courtesy of: James T Silver, Keller Williams Somerset, silverteam01@gmail.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.