2988 Virginia Park Street Detroit, MI $ 230,000
2988 Virginia Park Street
$ 230,000
Recently Listed
Share Save

2988 Virginia Park Street

Detroit, MI, 48206
$ 230,000
Bedrooms6 Baths2.0 Sq 2,970

Monthly Estimate*

$ 1,589

2988 Virginia Park Street, Detroit, MI 48206 - Image 1
2988 Virginia Park Street, Detroit, MI 48206 - Image 2
2988 Virginia Park Street, Detroit, MI 48206 - Image 3
2988 Virginia Park Street, Detroit, MI 48206 - Image 4
2988 Virginia Park Street, Detroit, MI 48206 - Image 5
2988 Virginia Park Street, Detroit, MI 48206 - Image 6
2988 Virginia Park Street, Detroit, MI 48206 - Image 7
2988 Virginia Park Street, Detroit, MI 48206 - Image 8
2988 Virginia Park Street, Detroit, MI 48206 - Image 9
2988 Virginia Park Street, Detroit, MI 48206 - Image 10
2988 Virginia Park Street, Detroit, MI 48206 - Image 11
2988 Virginia Park Street, Detroit, MI 48206 - Image 12

Multi-Family Home for sale in Detroit, MI

for $230,000 with 6 bedrooms and 2 full baths. This 2,970 square foot home was built in 1916 on a lot size of 0.15.

Rare 3-Bedroom Two-Family Flat – Renovated & Income Producing! Don't miss this beautifully renovated two-family flat offering an exceptional opportunity for investors or buyers looking to house hack in Detroit. Located near the historic Boston-Edison District, this spacious multifamily property features three bedrooms plus a bonus room in EACH unit, giving tenants significantly more space and flexibility than the typical two-family flat. Both units have been thoughtfully updated with modern kitchens, renovated bathrooms, new flooring, updated electrical, updated plumbing, and new vinyl siding, creating a fresh, move-in-ready property with many of the major improvements already completed. Even better, each unit is currently rented for $1,200 per month, generating $2,400 in gross monthly rental income / $28,800 annually. The property also offers a full basement with plenty of storage and a spacious lot. Centrally located with convenient access to major freeways and just minutes from Downtown Detroit, shopping, dining, entertainment, and some of the city's most recognizable neighborhoods. Whether you're looking to expand your rental portfolio, generate immediate income, or eventually occupy one unit while renting the other, this property offers multiple investment strategies. Renovated. Income producing. Three bedrooms in each unit. This is one you'll want to see—schedule your showing today!

See more

Multi-Family Active

Price

$ 230,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,262

Style

Colonial

Lot Size

0.15

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261081052

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Colonial
Pool Features None
Construction Materials Brick VinylSiding
Pets Allowed Yes
Year Built 1916
Electric CircuitBreakers
Levels Two
Property Subtype MultiFamily
Accessibility AccessibleBedroom AccessibleFullBath AccessibleKitchen AccessibleStairway
County Wayne
Net Operating Income 24800.0
Operating Expense 4000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Rent Includes TrashCollection
Full Baths 2
Status Active
Directions North of W Euclid St west of Lawton St near W Philadelphia St.
City DetroitCity_Wayne
Disclosures ActualIncome NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 3262.0
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 28653
Expected Active Date 2026-10-07
Legal Description N VIRGINIA PARK E 17.50 FT OF 36 35MONTCLAIR LAND CO LTD SUB L28 P18 PLATS WCR 12/101 52.5 X 125.47A
See more
Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2042.0
Half Baths 0
Below Grade Finished Area 928.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
See more
Exterior
Exterior Amenities Balcony
Parking Features SharedDriveway
Water Source WateratStreet
Total Parking 1.0
Foundation Details Basement Block
Spa N
Lot Dimensions 53X125X53X126
Lot Size Acres 0.15
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
Internal Only
Street Number 1 2988
See more
* Excluded Features
List By
Adrienne Ponce

Listing Agent

Exp Realty Main

Broker

(586) 339-4870

Phone

Affordability Calculator

$1,860
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,589
Monthly Property Taxes
$272
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
Pricing History
DatePricePrice ChangeDescription
10/7/2026$230,000 Listed Price

Map


See all

2988 Virginia Park Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $230,000 with 2,970 sqft and a lot size of 0.15. 2988 Virginia Park Street has 6 bedrooms, 2.0 baths, and was built in 1916. The property's zip code is 48206 which is in Detroit, MI