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For sale
  • Price increase: $135.1K (3/6)
    $550,000

    12927 Plymouth Rd, Detroit, MI 48227

    11beds
    4,467sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $535,100 Zestimate®
    $123/sqft
    $-- HOA

    What's special

    Gated courtyardLow-maintenance brick exterior
    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.
    14 days
    |
    411
    |
    41
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 06, 2026 at 10:05am

    Listed by:

    Behzad Bokani 248-951-9555,

    RE/MAX Dream Properties 248-374-7700

    Source: Realcomp II,MLS#: 20261014273MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 2
      • Full bathrooms: 10
      Heating
      • Baseboard, Electric
      Cooling
      • Wall Units
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,467 sqft
      • Finished area above ground: 4,467

      Property

      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 0.28 Acres
      • Dimensions: 120 x 100
      Details
      • Parcel number: W22I004864C9
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: COON AVE HEIGHTS SUB
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $123/sqft
      • Tax assessed value: $93,207
      • Annual tax amount: $8,378
      • Date on market: 3/6/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Warranty Deed
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        Estimated market value

        $535,100

        $508,000 - $562,000

        $723/mo

        Price history

        Price history
        DateEventPrice
        3/6/2026Price change$550,000+32.6%$123/sqft
        Source: Realcomp II #20261014273 Report a problem
        1/10/2026Listing removed$600
        Source: Zillow Rentals Report a problem
        10/3/2025Listed for rent$600+36.4%
        Source: Zillow Rentals Report a problem
        9/17/2022Pending sale$414,900+9.2%$93/sqft
        Source: Realcomp II #2210095211 Report a problem
        9/16/2022Sold$380,000-8.4%$85/sqft
        Source: Realcomp II #2210095211 Report a problem
        1/17/2022Price change$414,900-2.4%$93/sqft
        Source: Realcomp II #2210095211 Report a problem
        11/16/2021Listed for sale$424,900+254.1%$95/sqft
        Source: Realcomp II #2210095211 Report a problem
        9/28/2017Listing removed$440
        Source: RealVest Properties LLC Report a problem
        3/22/2017Price change$440+2.3%
        Source: RealVest Properties LLC Report a problem
        2/10/2017Listed for rent$430-9.5%
        Source: RealVest Properties Report a problem
        7/2/2016Listing removed$475+11.8%
        Source: Vasileff Realty #216006100 Report a problem
        2/23/2016Listing removed$425
        Source: Vasileff Realty #216006100 Report a problem
        1/20/2016Listed for rent$425
        Source: Vasileff Realty #216006100 Report a problem
        12/12/2015Listing removed$425
        Source: Vasileff Realty #215127447 Report a problem
        12/2/2015Listed for rent$425
        Source: Vasileff Realty #215127447 Report a problem
        8/15/2015Listing removed$425
        Source: Vasileff Realty #215083844 Report a problem
        8/6/2015Listed for rent$425+6.3%
        Source: Vasileff Realty #215083844 Report a problem
        5/16/2015Listing removed$400
        Source: Vasileff Realty #215024248 Report a problem
        5/8/2015Listed for rent$400
        Source: Vasileff Realty #215024248 Report a problem
        4/3/2015Listing removed$400
        Source: Vasileff Realty #215024248 Report a problem
        3/22/2015Listed for rent$400
        Source: Vasileff Realty #215024248 Report a problem
        6/6/2014Listing removed$120,000$27/sqft
        Source: Garner Prop & Management LLC #213204933 Report a problem
        1/1/2014Listing removed$400
        Source: Garner Properties & Management Report a problem
        1/1/2014Listed for sale$120,000$27/sqft
        Source: GARNER PROP & MANAGEMENT LLC #213204933 Report a problem
        10/31/2013Price change$400-5.9%
        Source: Garner Properties & Management Report a problem
        8/16/2013Listed for rent$425
        Source: Garner Properties & Management Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $3,501/mo
        Principal & interest
        $2662
        Property taxes
        $839
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          Climate risks

          Neighborhood: Barton-McFarland

          Getting around

          34 / 100
          Car-Dependent
          46 / 100
          Some Transit
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 48227

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