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10 Baths
4,467 sqft

$499,000

12927 Plymouth Road, Detroit City Wayne Michigan, 48227

Price per sqft$111.71
Built in1955
Property size4,467 sqft
Property typeMulti-family

Overview

Active

Listed Mar 6, 2026

Updated 4 weeks ago

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.

$3,320/mo

Est. mortgage payment based on a $499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261014273

Interior Features

Bathrooms
10
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$8,378
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of RE/MAX Dream Properties

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Originating MLS:
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Data last updated 6:51 AM UTC, 9/10/2026

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