For sale by owner
  • Price increase: $5K (8/6)
    $320,000

    1613 Virginia Park St, Detroit, MI 48206

    7beds
    2,794sqft
    : 
    MultiFamily
    Built in 1919
    -- sqft lot
    $264,900 Zestimate®
    $115/sqft
    $-- HOA

    What's special

    Large backyardFull unfinished basementBrick triplexDining roomsOversized windowsLong drivewaySpacious kitchens
    This is a RARE opportunity to own a beautifully updated brick triplex in the highly sought-after Virginia Park Historic District — a prime investment with strong cash flow from day one. Unit Breakdown (Fully Leased): Unit 1: $1,300/month (3BR/1BA) Unit 2: $1,350/month (3BR/1BA + Upper Loft Suite) Unit 3 (Studio Loft): $650/month Total monthly income: $3,300 Property Features: Updated in 2019 with modern finishes throughout Original hardwood floors in great condition Natural sunlight in every room from oversized windows Fireplaces in each main unit Spacious kitchens, dining rooms, and living rooms Large 3rd floor loft in the upper unit w/ full bath — perfect for primary suite, office, or flex space Full, unfinished basement shared by tenants for storage or future potential Long driveway + large backyard ready for customization Investment Notes: All units on active leases with solid tenant history Rent roll and lease documentation available Tenants pay utilities Recently reinforced stairs/foundation work completed Instant cash flow with further value-add opportunity Potential to owner-occupy one unit in the future or convert back to large single-family if desired. ?? Walkthrough Policy: To protect tenant privacy, walkthroughs will only be offered after an accepted offer. Rent roll, photos, and lease information are available upfront for serious buyers. Location: Virginia Park is one of Detroit’s most vibrant historic neighborhoods — just minutes from Henry Ford Hospital, Wayne State University, and the New Center. Homes here are rarely available, especially updated, income-producing ones like this.
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