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.
Property Details
Price:
$550,000
MLS #:
20261014273
Status:
Active
Beds:
0
Baths:
10
Type:
Single Family
Subtype:
Multi Family
Subdivision:
COON AVE HEIGHTS SUB
Neighborhood:
05042det6tiregrnfldlivernois
Listed Date:
Mar 6, 2026
Finished Sq Ft:
4,467
Year Built:
1955
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
10 Full Bathrooms
Cooling
Wall Units
Heating
Baseboard, Electric
Exterior
Architectural Style
Ranch
Construction Materials
Brick
Roof
Asphalt
Financial
Taxes
$8,378
Map
Community
- Address12927 Plymouth Road Detroit MI
- SubdivisionCOON AVE HEIGHTS SUB
- CityDetroit
- CountyWayne
- Zip Code48227
Market Summary
Current real estate data for Single Family in Detroit as of Mar 07, 2026
3,039
Single Family Listed
120
Avg DOM
82
Avg $ / SqFt
$145,969
Avg List Price
Property Summary
- Located in the COON AVE HEIGHTS SUB subdivision, 12927 Plymouth Road Detroit MI is a Single Family for sale in Detroit, MI, 48227. It is listed for $550,000 and features 0 beds, 10 baths, and has approximately 4,467 square feet of living space, and was originally constructed in 1955. The current price per square foot is $123. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $145,969. To schedule a showing of MLS#20261014273 at 12927 Plymouth Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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