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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
    $-- 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.
    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#: 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

    Not available

    Estimated sales range

    Not available

    $611/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
    $3,456/mo
    Principal & interest
    $2617
    Property taxes
    $839
    More affordability tools

      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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