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710 Virginia Park Street Detroit, MI $ 569,000
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$ 569,000 Get more info
710 Virginia Park Street
$ 569,000
Back to search
Share Save

710 Virginia Park Street

Detroit, MI, 48202
$ 569,000
Baths7.1 Sq 6,787

Monthly Estimate*

$ 3,550

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Studio

Multi-Family Home for sale in Detroit, MI

for $569,000 with 7 full baths, 1 half bath. This 6,787 square foot home was built in 1911 on a lot size of 0.19.

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!

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Multi-Family Active

Price

$ 569,000

Bedrooms

Studio

Full Bath

7

Half Bath

1

Property Type

Multi-Family

Taxes

$ 25,116

Style

Colonial,Historic

Lot Size

0.19

Year Built

1911

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251044444
Features
General
Sewer PublicSewer
Heating HotWater NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial Historic
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1911
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 38016.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name PEERLESS ADD 2
Garage Y/N N
Rent Includes Heat Water
Full Baths 7
Status Active
Directions Take M-10 north to Grand Blvd and exit onto service drive go north approximately 3 blocks and turn right onto Virginia park street.
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 7
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 5
Land Lease Y/N N
Tax Annual Amount 25116.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 308681
Expected Active Date 2025-10-11
Legal Description N VIRGINIA PK 25 PEERLESS ADD NO 2 SUB L18 P39 PLATS W C R 4/79 50 X 163
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Interior
Basement Full PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 5150.0
Half Baths 1
Below Grade Finished Area 1637.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 8
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 50X163
Lot Size Acres 0.19
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 710
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* Excluded Features
List By
Daniel DeKeyser

Listing Agent

Jim Saros Real Estate Services

Broker

(313) 513-0984

Phone

Affordability Calculator

$5,643
Per Month
63%
37%
0%
Monthly Principal & Interest
$3,550
Monthly Property Taxes
$2,093
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/9/2025$569,000 -4.37% Price Down
10/10/2025$595,000 Listed Price

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710 Virginia Park Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $569,000 with 6,787 sqft and a lot size of 0.19. 710 Virginia Park Street is a studio with 7.1 baths and was built in 1911. The property's zip code is 48202 which is in Detroit, MI

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