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1038 Parker St Detroit, MI 48214

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For Sale
$499,000

Three-unit home in West Village with income potential.

Lot size:
0.22 Acres

Property Features for 1038 Parker St

General Information

Property type
Investment
Standard status
Active
Lot size
0.22 Acres

Building Details

Year built
1920

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Listing Contact
Dave Libbett
Source: Elliman

Listing Agent: Dave Libbett

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

West Village Triplex Opportunity

Located in one of Detroit's walkable historic neighborhoods, this three-unit home in West Village offers income potential and a flexible layout. The property, built in 1920, has approximately 3,800 square feet and sits on a 60x157 lot. Currently configured as a triplex, the property includes two finished units. Unit #2, located on the second floor, features two bedrooms, two full baths, a large living room, a dining area, and an updated kitchen with hardwood floors. Unit #3, located on the third floor, includes a living room, kitchen, dining space, and a full bath. The entry level has been gutted and is ready for a custom design, making it ideal for owner-occupants, additional rental income, or a grand single-family conversion. Historic details remain, including original hardwoods and a fireplace on the main floor. A rear porch off the entry level leads to a deep backyard with gardens, fruit trees, and a rain barrel setup. The property also features a five-car garage with alley access. The location provides walkability to local restaurants and bistros, the Detroit Riverfront, and multiple parks. This West Village property offers character, flexibility, design, and walkability.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Detroit
County
Wayne
State
Michigan
Longitude
-82.9948827
Latitude
42.35444

FAQs

What type of property is this?
Triplex - Three-unit home in West Village with income potential.
Where is this triplex located?
The property is located at 1038 Parker St Detroit, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: - Income potential with existing triplex configuration and opportunity to increase value.; - Flexible layout suitable for owner-occupancy, multi-generational living, or single-family conversion.; - Prime West Village location with high walkability to restaurants, the Detroit Riverfront, and parks.
More about this property
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