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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1473 Taylor St , Detroit, MI 48206
$89,900
Est. Payment: $462.94/mo
0 Bed
6 Bath
0 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

**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.

Highlights

Listed by Ryan E Kain , 734-626-7815 RE/MAX Leading Edge , 734-404-8800. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.16

HOA Fee

Year Built

1916

County

Wayne

School District

Detroit

Listing ID

20261000538

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:6
  • Full Bathrooms:
Other:Public

Exterior Features

Principal Interest
$463
Taxes
$4
HOA
$0

Home Price

$89,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$17,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$462.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $462.94 $4.25 $0.00 $467.19
Yearly $5,555.27 $51.00 $0.00 $5,606.27
Total $166,658.24 $1,530.00 $0.00 $168,188.24
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC