Renovated Duplex in
For Sale
$309,900
1162 Virginia Park Street, Detroit, MI 48202
MULTI_FAMILY - Detroit, MI
Lot Size0.16 Acres
Days on Market157
Property Features for 1162 Virginia Park Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 2, Basement
Parking
2
Basement
Full
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
West of the Lodge North of West Grand BLVD
Standard status
Active
APN
06001823.
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N VIRGINIA PARK 123 VIRGINIA PARK SUB L28 P80 PLATS, W C R 6/125 40 X 171.77A
Tax Annual Amount
755
Legal Description
N VIRGINIA PARK 123 VIRGINIA PARK SUB L28 P80 PLATS, W C R 6/125 40 X 171.77A
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1913
Number of units
2
Building materials
Brick
Listing Agency:
Grant and Main, LLC
(313) 261-2921
Listed By:
Stacey Leid
(586) 634-4652
Added: Feb 23
Changed: Jul 25
Last Checked: Jul 30 at 5:06PM
MLS# 26006466
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Investment Insights
Based on property information with market context.
This is an investor special: a fully renovated duplex with both apartments currently occupied and generating income. The property has undergone comprehensive renovations, including fresh paint throughout. Foundation repairs have been completed, and both units feature new HVAC systems. Appliances are included with both units. A new gutter system has been installed, and some windows have been replaced. Both kitchens have been fully remodeled with new cabinets and granite countertops, and both bathrooms feature ceramic surrounds and new vanities. The property is located in Detroit, Michigan, and the lot size is 0.16 acres.
Key Highlights
- Fully renovated duplex with both units occupied.
- Year built 1913; brick construction and basement included.
- Each unit includes new HVAC and updated appliances.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,587
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated, cash-flowing duplex in Detroit's Virginia Park neighborhood.
Where is this duplex located?
The property is located at 1162 Virginia Park Street Detroit, MI.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Fully renovated duplex with both units occupied.; Year built 1913; brick construction and basement included.; Each unit includes new HVAC and updated appliances.