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.
For sale
Price increase: $135.1K (3/6)
$550,000
12927 Plymouth Rd, Detroit, MI 48227
11beds
4,467sqft
Est.:
Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Gated courtyardLow-maintenance brick exterior
- 4 days |
- 300 |
- 21 |
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#: 20261014273
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
Estimated market value
Not available
Estimated sales range
Not available
$611/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Price change | $550,000+32.6%$123/sqft |
Source: | ||
| 1/10/2026 | Listing removed | $600 |
Source: Zillow Rentals Report a problem | ||
| 10/3/2025 | Listed for rent | $600+36.4% |
Source: Zillow Rentals Report a problem | ||
| 9/17/2022 | Pending sale | $414,900+9.2%$93/sqft |
Source: | ||
| 9/16/2022 | Sold | $380,000-8.4%$85/sqft |
Source: | ||
| 1/17/2022 | Price change | $414,900-2.4%$93/sqft |
Source: | ||
| 11/16/2021 | Listed for sale | $424,900+254.1%$95/sqft |
Source: | ||
| 9/28/2017 | Listing removed | $440 |
Source: RealVest Properties LLC Report a problem | ||
| 3/22/2017 | Price change | $440+2.3% |
Source: RealVest Properties LLC Report a problem | ||
| 2/10/2017 | Listed for rent | $430-9.5% |
Source: RealVest Properties Report a problem | ||
| 7/2/2016 | Listing removed | $475+11.8% |
Source: Vasileff Realty #216006100 Report a problem | ||
| 2/23/2016 | Listing removed | $425 |
Source: Vasileff Realty #216006100 Report a problem | ||
| 1/20/2016 | Listed for rent | $425 |
Source: Vasileff Realty #216006100 Report a problem | ||
| 12/12/2015 | Listing removed | $425 |
Source: Vasileff Realty #215127447 Report a problem | ||
| 12/2/2015 | Listed for rent | $425 |
Source: Vasileff Realty #215127447 Report a problem | ||
| 8/15/2015 | Listing removed | $425 |
Source: Vasileff Realty #215083844 Report a problem | ||
| 8/6/2015 | Listed for rent | $425+6.3% |
Source: Vasileff Realty #215083844 Report a problem | ||
| 5/16/2015 | Listing removed | $400 |
Source: Vasileff Realty #215024248 Report a problem | ||
| 5/8/2015 | Listed for rent | $400 |
Source: Vasileff Realty #215024248 Report a problem | ||
| 4/3/2015 | Listing removed | $400 |
Source: Vasileff Realty #215024248 Report a problem | ||
| 3/22/2015 | Listed for rent | $400 |
Source: Vasileff Realty #215024248 Report a problem | ||
| 6/6/2014 | Listing removed | $120,000$27/sqft |
Source: Garner Prop & Management LLC #213204933 Report a problem | ||
| 1/1/2014 | Listing removed | $400 |
Source: Garner Properties & Management Report a problem | ||
| 1/1/2014 | Listed for sale | $120,000$27/sqft |
Source: GARNER PROP & MANAGEMENT LLC #213204933 Report a problem | ||
| 10/31/2013 | Price change | $400-5.9% |
Source: Garner Properties & Management Report a problem | ||
| 8/16/2013 | Listed for rent | $425 |
Source: Garner Properties & Management Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,456/mo
Principal & interest
$2617
Property taxes
$839
More affordability tools
Climate risks
Neighborhood: Barton-McFarland
Nearby schools
GreatSchools rating
- 3/10Mackenzie Elementary-Middle SchoolGrades: PK-8Distance: 0.8 mi
- 2/10Cody High SchoolGrades: 9-12Distance: 2.7 mi








