Back to search
20520 Plymouth Road Detroit, MI $ 1,450,000
Share Save
$ 1,450,000 Get more info
20520 Plymouth Road
$ 1,450,000
Back to search
Share Save

20520 Plymouth Road

Detroit, MI, 48228
$ 1,450,000
Bedrooms-- Baths-- Sq 12,910

Monthly Estimate*

$ 10,015

20520 Plymouth Road, Detroit, MI 48228 - Image 1
20520 Plymouth Road, Detroit, MI 48228 - Image 2

Commercial Property for sale in Detroit, MI

for $1,450,000. This 12,910 square foot building was built in 1967 on a lot size of 0.42.

This property combines strong in-place income with the opportunity to increase value through lease-up and future rental growth. Its recent renovations significantly reduce near-term capital expenditure concerns, making it an excellent addition to any investment portfolio. Whether you're expanding your multifamily holdings or completing a 1031 exchange, this is an opportunity worth a closer look. Complete renovation 2024, new roof 2019. Immediate cash flow. Around a 7% cap currently.

See more
Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 36,009

Style

RealEstateOnly

Lot Size

0.42

Year Built

1967

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261080985
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1967
Property Subtype RealEstateOnly
Current Use MultiFamily
Business Type Apartments
County Wayne
Net Operating Income 107000.0
Operating Expense 145000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MORE THAN ONE LEGAL INVOLVED
Garage Y/N N
Building Features OutsideLighting
Status Active
Directions north side of Plymouth between Evergreen and Telegraph
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily
Number Of Units Total 28
MLS Area Area05034DetJoySchoolcraftGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 25
Land Lease Y/N N
Tax Annual Amount 36009.0
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 MultipleOccupantTypes
Tax Assessed Value 420100
Expected Active Date 2026-10-06
Legal Description N PLYMOUTH E 146.04 FT OF THAT PT OF S E 1/4 SEC 27 T 1 S R 10 E LYG W AND ADJ SCHWARTZ FIELDING AVE SUB S & ADJ STOLLMAN SUB EXC ALLEY AS OP & EXC S 60 FT 22/--- 146.04 IRREG
See more
Exterior
Parking Features ParkingLot OnSite Secured
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 12910.0
Lot Dimensions 146x125
Lot Size Acres 0.42
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 12910.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 20520
See more
* Excluded Features
List By
Mike Ayoub

Listing Agent

Re/Max Team 2000

Broker

(313) 561-0900

Phone

Affordability Calculator

$13,016
Per Month
77%
23%
0%
Monthly Principal & Interest
$10,015
Monthly Property Taxes
$3,001
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2026$1,450,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

20520 Plymouth Road, Detroit, MI, 48228 is a Commercial Property for sale at $1,450,000 with 12,910 sqft and a lot size of 0.42. 20520 Plymouth Road was built in 1967. The property's zip code is 48228 which is in Detroit, MI

Get more info