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6 Baths
3,220 sqft

$89,900

1473 Taylor Street, Detroit City Wayne Michigan, 48206

Price per sqft$27.92
Built in1916
Property size3,220 sqft
Property typeMulti-family

Overview

Active

Listed Jan 20, 2026

Updated 4 weeks ago

**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.

$598/mo

Est. mortgage payment based on a $89,900 home price.

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

Additional information

MLS® ID
20261000538

Interior Features

Bathrooms
6
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$51
Tax Frequency
Annually
Pets Allowed
Yes
55+/Senior Community
No

 

Courtesy of RE/MAX Leading Edge

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Originating MLS:
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Data last updated 6:48 AM UTC, 9/10/2026

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