12927 Plymouth Road, Detroit, MI 48227

Detroit
Local realty services provided by:ERA Prime Real Estate Group
12927 Plymouth Road,Detroit, MI 48227
$499,000
  • - Beds
  • 10 Baths
  • 4,467 sq. ft.
  • Multi-family
  • Active
Listed by: behzad bokani
Office: re/max dream properties
MLS#:20261014273
Source:MI_REALCOMP

Price summary

  • Price:$499,000
  • Price per sq. ft.:$111.71

About this home

INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer’s agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.

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Home facts

  • Year built:1955
  • Subdivision & Development:COON AVE HEIGHTS SUB
  • Listing ID #:20261014273
  • Added:236 day(s) ago
  • Updated:October 29, 2026 at 10:07 AM

Rooms and interior

  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:4,467 sq. ft.

Heating and cooling

  • Cooling:Wall Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt
  • Year built:1955
  • Building area:4,467 sq. ft.
  • Lot area:0.28 Acres
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$111.71
  • Tax amount:$8,378
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