$89,900

1473 Taylor Street, Detroit, MI 48206

  • 6 baths |
  • 3,220 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $28/sqft
  • Property List Date Icon Listed 2 months ago

Property 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.

Listing Status:
Pending
Date Added:
January 20, 2026
Data Last Updated:
April 5, 2026 at 3:49AM
Listing Office:
RE/MAX Leading Edge : 734-404-8800
Listing Agent:
Ryan Kain : 734-626-7815
MLS ID:
60964942
  • Heating: Forced Air
  • Other Structures: Porch
  • General: BrickBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATSW C R 6/4 54 X 127
  • Water: PublicPublic Water at Street
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Ryan Kain , RE/MAX Leading Edge

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thirkell Elementary-Middle School

7724 14th St, Detroit, MI, 48206

Grades KG-8

0.71 miles away

T

Thirkell Elementary-Middle School

7724 14th St, Detroit, MI, 48206

Grades KG-8

0.71 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.