1197 Virginia Park Street
Detroit, Michigan 48202
24
Bed
9.5
Bath
11,100Sqft
0.32Acre(Lot)
Excellent investment opportunity in Detroit’s desirable Virginia Park neighborhood, located within an Opportunity Zone! This well-maintained 9-unit townhouse-style multifamily property in the New Center area offers strong rental potential and long-term upside. The building features a diverse unit mix including six 2-bedroom units, two spacious 5-bedroom units, and one 4-bedroom unit—ideal for maximizing rental income. All units are currently occupied, providing immediate cash flow. All of the units were renovated in 2015 with 2 being renovated within 2 years with new kitchens. Significant updates include a freshly painted exterior (2025) and brand-new gutters (2025). Multiple units have been remodeled in 2024–2025, enhancing overall appeal and value. Each unit is equipped with central
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 9.5 Full Baths: 9 Half Baths: 9 -
Interior Features
Roof: ENERGY STAR® Shingles Basement Description: Finished,Private -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1916 Building Stories: 2 Story Total Units: 9 Roof: ENERGY STAR® Shingles Foundation/Basement: Basement Architecture: Other -
Exterior Features
Private Entry Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.32 Lot Dimensions: 80.00X172.00 Frontage Feet: 80 -
Property Information
SQ ft: 11100 Subdivision: VIRGINIA PK SUB OF PT OF1/4 SEC 55 TTAT Financing: Cash,Conventional
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Listing Price Information
Original List Price: $1,075,000 -
Listing Information
Possession: At Close Legal Description: S VIRGINIA PARK 24-25 VIRGINIA PARK SUB L28 P80 PLATS, W C R 6/125 80 IRREG
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Tax Information
Annual Tax: $5,518 Parcel Number: W06I001766SPossession
At CloseLegal Information
Legal Description: Section: S VIRGINIA PARK 24-25 VIRGINIA PARK SUB L28 P80 PLATS, W C R 6/125 80 IRREG
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Virtual Tour
Multi-Unit Information
Road Frontage: Paved,Pub. SidewalkUnit 2 Information
# of Bedrooms: 6
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 625 Horton Street , Detroit, MI, 48202 | $349,900 | 4 | 2 | 2,146 | 2,146 SqFt |
| 591 Hague Street , Detroit, MI, 48202 | $241,999 | 6 | 2.5 | 2,594 | 2,594 SqFt |
| 268 Marston Street , Detroit, MI, 48202 | $529,900 | 8 | 4 | 4,838 | 4,838 SqFt |
| 231 Chandler Street , Detroit, MI, 48202 | $275,000 | 3 | 2 | 1,749 | 1,749 SqFt |
| 309 Melbourne Street , Detroit, MI, 48202 | $249,000 | -- | 3 | 1,884 | 1,884 SqFt |
| 100 Chandler Street , Detroit, MI, 48202 | $375,000 | 8 | 4 | 4,000 | 4,000 SqFt |
| 284 E Philadelphia Stre.., Detroit, MI, 48202 | $70,000 | 6 | 2.5 | 3,146 | 3,146 SqFt |
| 320 Owen Street , Detroit, MI, 48202 | $75,000 | 4 | 2.5 | 2,734 | 2,734 SqFt |
| 508 - 506 Kenilworth , Detroit, MI, 48202 | $400,000 | 8 | 4 | 3,900 | 3,900 SqFt |
| 30 E Philadelphia Street , Detroit, MI, 48202 | $7,500,000 | 30 | 44.5 | 33,275 | 33,275 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/25/2026 @ 06:00
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