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Renovated Duplex in Detroit
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
Listed By: Stacey Leid
Added: Feb 23 Changed: Jul 25 Last Checked: Jul 30 at 5:06PM
MLS# 26006466

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Computer & Electronic Repair Plumbing Service Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,587
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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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.
More about this property
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