12927 Plymouth Road
Detroit, Michigan 48227
11
Bed
10
Bath
4,467Sqft
0.28Acre(Lot)
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. Prop
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 10 Full Baths: 10 -
Interior Features
Roof: Asphalt -
Heating & Cooling
Cooling: Wall Unit(s) Heating: Baseboard Heating Fuel: Electric
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Building Information
Year Built: 1955 Building Stories: 1 Story Total Units: 10 Roof: Asphalt Foundation/Basement: Slab Architecture: Ranch -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.28 Lot Dimensions: 120X100 Frontage Feet: 120 -
Property Information
SQ ft: 4467 Subdivision: Coon Ave Heights Sub Financing: Cash,Conventional,Warranty Deed
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Listing Price Information
Original List Price: $550,000 -
Listing Information
Possession: Subject To Tenant Rights 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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Tax Information
Annual Tax: $8,378 Parcel Number: W22I004864C9Possession
Subject To Tenant RightsLegal Information
Legal Description: Section: S PLYMOUTH 30 THRU 35 COON AVE HGHTS SUB L36 P97 PLATS, W C R 22/576 120 X 100
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Unit 1 Information
# of Bedrooms: 9 -
Unit 2 Information
# of Bedrooms: 1
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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 |
|---|---|---|---|---|---|
| 12762 Meyers , Detroit, MI, 48227 | $60,000 | 3 | -- | -- | |
| 13614 Meyers Road , Detroit, MI, 48227 | $55,000 | 4 | 2.5 | 1,901 | 1,901 SqFt |
| 15501 Appoline Street , Detroit, MI, 48227 | $169,000 | 4 | 2 | 2,065 | 2,065 SqFt |
| 12283 Cheyenne Street , Detroit, MI, 48227 | $80,000 | 4 | 2 | 2,188 | 2,188 SqFt |
| 11401 Hartwell Street , Detroit, MI, 48227 | $150,000 | 4 | 2 | 1,600 | 1,600 SqFt |
| 13340 Hartwell Street , Detroit, MI, 48227 | $240,000 | 5 | 3 | 2,832 | 2,832 SqFt |
| 15379 Tracey Street , Detroit, MI, 48227 | $120,000 | 6 | -- | -- | |
| 15400 Cruse Street , Detroit, MI, 48227 | $145,000 | 3 | 2.5 | 1,809 | 1,809 SqFt |
| 14834 Mark Twain Street , Detroit, MI, 48227 | $45,000 | 4 | 2 | 2,050 | 2,050 SqFt |
| 14500 Strathmoor Street , Detroit, MI, 48227 | $159,999 | 4 | 2.5 | 2,075 | 2,075 SqFt |
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ByOwner last updated this listing 06/25/2026 @ 02:58
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