12927 Plymouth Road Detroit MI 48227 MLS #20261014273

12927 Plymouth Road
Detroit, MI, 48227
$499,000
Beds
10 Baths
4,467 SqFt
0.28 Acres
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MLS #20261014273 image #0
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 and POF/Pre-Approval Letter are required to receive the full Rent Roll.

Property Details

Price:
$499,000
MLS #:
20261014273
Status:
Active
Beds:
0
Baths:
10
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
COON AVE HEIGHTS SUB
Neighborhood:
area05042det6tiregrnfldlivernois
Listed Date:
Mar 6, 2026
Finished Sq Ft:
4,467
Year Built:
1955
Short SaleRanchArea05042det6tiregrnfldlivernoisArea05042det6tiregrnfldlivernoisCoon Ave Heights SubDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
4467
Bathrooms
10 Full Bathrooms
Cooling
Wall Units
Heating
Baseboard, Electric
Levels
One

Exterior

Architectural Style
Ranch
Construction Materials
Brick
Roof
Asphalt

Financial

Net Operating Income
$52,000
Taxes
$8,378

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Jun 13, 2026
3,823
Single Family Listed
127
Avg DOM
86
Avg $ / SqFt
$155,172
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 $499,000 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 $112. The average price per square foot for Single Family listings in Detroit is $86. The average listing price for Single Family in Detroit is $155,172. 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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