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12927 Plymouth Road Detroit, MI $ 550,000
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$ 550,000 Get more info
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

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12927 Plymouth Road, Detroit, MI 48227 - Image 2
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12927 Plymouth Road, Detroit, MI 48227 - Image 8
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

20261014273
Features
General
Sewer PublicSewer
Heating Baseboard Electric
Cooling WallUnits
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Architectural Style Ranch
Pool Features None
Construction Materials Brick
Pets Allowed No
Year Built 1955
Levels One
Property Subtype MultiFamily
County Wayne
Net Operating Income 52000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name COON AVE HEIGHTS SUB
Garage Y/N N
Full Baths 10
Status Active
Directions South Of Plymouth East Of Schaefer
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 10
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 10
Land Lease Y/N N
Tax Annual Amount 8378.0
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 93207
Expected Active Date 2026-03-06
Legal Description S PLYMOUTH 30 THRU 35 COON AVE HGHTS SUB L36 P97 PLATS W C R 22/576 120 X 100
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 120X100
Lot Size Acres 0.28
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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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4467.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 10
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Internal Only
Street Number 1 12927
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* Excluded Features
List By
Behzad Bokani

Listing Agent

Re/Max Dream Properties

Broker

(248) 951-9555

Phone

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
848539 Elementary School
848135 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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