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For sale
    • Price cut: $51K (4/28)
    $499,000

    12927 Plymouth Rd, Detroit, MI 48227

    11beds
    4,467sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $488,000 Zestimate®
    $112/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 and POF/Pre-Approval Letter are required to receive the full Rent Roll.
    80 days
    |
    457
    |
    64
    |

    Zillow last checked:

    Listing updated:

    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: $112/sqft
      • Tax assessed value: $93,207
      • Annual tax amount: $8,378
      • Date on market: 3/6/2026
      • Cumulative days on market: 80 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Warranty Deed
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        Estimated market value

        $488,000

        $464,000 - $512,000

        $849/mo

        Price history

        DateEventPrice
        4/28/2026Price change$499,000-9.3%$112/sqft
        Source: Realcomp II #20261014273 Report a problem
        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
        10/31/2013Listed for rent$400
        Source: Garner Properties & Management Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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

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