**OPPORTUNITY** This MASSIVE 6 unit Virginia Park multi-family property is looking for a new owner to bring it back to its former glory! The property currently features 6 2-bedroom units and has space to add 2 additional 1 bedroom units in the walk-up attic space. The property does require a full rehab but could be an absolute cash-cow once completed, as the units should rent for at least $1,200/month each, meaning you could generate over 110K in rental income per year! Located less than a block away from the Herman Kiefer project and 2 blocks from the Lodge freeway, this is an absolutely prime location! 5+ unit properties are extremely rare in the greater New Center area so take advantage of this incredible opportunity while you can! CASH OR HARD MONEY ONLY, NO SELLER FINANCING.
For sale
$89,900
1473 Taylor St, Detroit, MI 48206
12beds
3,220sqft
Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$28/sqft
$-- HOA
What's special
- 128 days |
- 311 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Ryan E Kain 313-277-7777,
RE/MAX Leading Edge 734-404-8800
Source: Realcomp II,MLS#: 20261000538
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished,Walk Out Access
- Has fireplace: No
Interior area
- Total interior livable area: 3,220 sqft
- Finished area above ground: 3,220
Property
Features
- Levels: Three
- Stories: 3
- Patio & porch: Covered, Porch
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 54.00 x 127.00
Details
- Parcel number: W06I002186S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Historic
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
Community & HOA
Community
- Subdivision: BESSENGER & MOORES SUB
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $600
- Annual tax amount: $51
- Date on market: 1/20/2026
- Cumulative days on market: 516 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$2,642/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Listed for sale | $89,900$28/sqft |
Source:  Realcomp II #20261000538 Report a problem | ||
| 1/20/2026 | Pending sale | $89,900$28/sqft |
Source: Realcomp II #20261000538 Report a problem | ||
| 6/30/2025 | Price change | $89,900-18.2%$28/sqft |
Source: Realcomp II #20240090298 Report a problem | ||
| 5/22/2025 | Price change | $109,900-12%$34/sqft |
Source: Realcomp II #20240090298 Report a problem | ||
| 3/10/2025 | Price change | $124,900-24.3%$39/sqft |
Source: Realcomp II #20240090298 Report a problem | ||
| 2/11/2025 | Price change | $164,900-2.9%$51/sqft |
Source: Realcomp II #20240090298 Report a problem | ||
| 1/27/2025 | Price change | $169,900-2.9%$53/sqft |
Source: Realcomp II #20240090298 Report a problem | ||
| 12/9/2024 | Listed for sale | $174,900+483%$54/sqft |
Source: Realcomp II #20240090298 Report a problem | ||
| 6/15/2004 | Sold | $30,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $600 |
| 2024 | -- | $600 |
| 2023 | -- | $600 |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | $1,906 | -- |
| 2015 | $1,906 | -- |
| 2013 | $1,906 | -- |
| 2010 | $1,906 | $22,910 -12% |
| 2009 | -- | $26,034 -10.5% |
| 2008 | -- | $29,088 |
| 2007 | -- | $29,088 +5.5% |
| 2005 | $334 | $27,572 +3% |
| 2004 | -- | $26,769 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Herman Kiefer
Nearby schools
GreatSchools rating
- 4/10Thirkell Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 4/10Northwestern High SchoolGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
