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12927 Plymouth Road Detroit, MI $ 550,000
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12927 Plymouth Road
$ 550,000
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12927 Plymouth Road

Detroit, MI, 48227
$ 550,000
Baths10.0 Sq 4,467

Monthly Estimate*

$ 3,386

12927 Plymouth Road, Detroit, MI 48227 - Image 1
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Studio

Multi-Family Home for sale in Detroit, MI

for $550,000 with 10 full baths. This 4,467 square foot home was built in 1955 on a lot size of 0.28.

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 is required to receive the full Rent Roll.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Full Bath

10

Property Type

Multi-Family

Taxes

$ 8,378

Style

Ranch

Lot Size

0.28

Year Built

1955

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60974364
Features
General
Heating Baseboard Electric Heat
Cooling Wall/Window A/C
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 10
Half Baths 0
Bathrooms 10
Year Built 1955
Subdivision Coon Ave Heights Sub MI
Style Ranch
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 52000
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions South Of Plymouth East Of Schaefer
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description S PLYMOUTH 30 THRU 35 COON AVE HGHTS SUB L36 P97 PLATS W C R 22/576 120 X 100
DOM 1
Postal Code 48227
Price Per Sq Ft Total AG 123.13
Public Remarks 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
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Exterior
Exterior Brick
Frontage 120
Lot Size Area 0.28
Lot Dimensions 120X100
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 10
Fuel Type Electric
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* Excluded Features
List By
Behzad Bokani

Listing Agent

Re/Max Dream Properties

Broker

behzad@bokanigroup.com

Email

Affordability Calculator

$4,085
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2026$550,000 Listed Price

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12927 Plymouth Road, Detroit, MI, 48227 is a Multi-Family Home for sale at $550,000 with 4,467 sqft and a lot size of 0.28. 12927 Plymouth Road is a studio with 10.0 baths and was built in 1955. The property's zip code is 48227 which is in Detroit, MI

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