710 Virginia Park Street Detroit, MI $ 569,000
710 Virginia Park Street
$ 569,000
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710 Virginia Park Street

Detroit, MI, 48202
$ 569,000
Baths7.1 Sq 5,150

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 5,150 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

Lot Size

0.19

Year Built

1911

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60944127

Features
General
Heating Hot Water
Possession At Close
Water Public Water
Status Active Active
Full Baths 7
Half Baths 1
Bathrooms 8
Year Built 1911
Subdivision Peerless Add 2 MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 38016
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
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 Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description N VIRGINIA PK 25 PEERLESS ADD NO 2 SUB L18 P39 PLATS W C R 4/79 50 X 163
DOM 60
Postal Code 48202
Price Per Sq Ft Total AG 110.49
Public Remarks
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Interior
Basement Partially Finished
Fireplace? No
Total Number of Units 7
Fuel Type Natural Gas
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Exterior
Exterior Brick
Lot Size Area 0.19
Lot Dimensions 50X163
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Daniel DeKeyser

Listing Agent

Jim Saros Real Estate Services

Broker

danny.dekeyser@sarosres.com

Email

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
759604 Elementary School
760475 Middle School
Unknown High School High School
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 5,150 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