Renovated West Village
For Sale
$674,500
1759 Parker St, Detroit, MI 48214
Three-unit property with Airbnb income potential in Detroit.
Days on Market114
Property Features for 1759 Parker St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1909
Listing Agency:
(313) 310-0042
Listed By:
Lindsay L Gorman
(313) 310-0042
Source:
Elliman
Added: Apr 11
Changed: Jul 10
Last Checked: Aug 1 at 1:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lindsay L Gorman
Investment Insights
Based on property information with market context.
This three-unit property provides immediate cash flow with a proven rental history. The first-floor unit is a spacious 3-bedroom, 2-bath flat currently operating as a successful Airbnb, generating nearly $40,000 annually. The upper units provide stable, long-term income, with a second-floor 3-bedroom, 2-bath layout and a third-floor 1-bedroom, 1-bath unit, both tenant-occupied. Renovated in 2024, the property features new HVAC, electrical, and plumbing systems, along with new appliances. Off-street parking is available via a rear parking pad accommodating up to two vehicles. Situated on a tree-lined street in Historic West Village, the property is near Indian Village and Little Village, providing access to boutique shops, restaurants, cultural destinations, and everyday conveniences. The property is located in a bikeable area with a score of 68, and has good transit with a score of 54. The walk score is 50, indicating it is somewhat walkable. This property is suitable for expanding an investment portfolio.
Key Highlights
- Immediate cash flow from established rental units, with a high‑performing Airbnb generating approximately $40,000 annually.
- Fully renovated in 2024 with new HVAC, electrical, and plumbing systems, plus new appliances, ensuring low maintenance.
- Three‑unit property with a mix of short‑term (Airbnb) and long‑term rental income streams.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Explore this area
Business Placement
Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
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?
Triplex - Three-unit property with Airbnb income potential in Detroit.
Where is this triplex located?
The property is located at 1759 Parker St Detroit, MI.
What is the asking price?
The asking price for this property is $674,500.
What are key features of this property?
This property features: Immediate cash flow from established rental units, with a high‑performing Airbnb generating approximately $40,000 annually.; Fully renovated in 2024 with new HVAC, electrical, and plumbing systems, plus new appliances, ensuring low maintenance.; Three‑unit property with a mix of short‑term (Airbnb) and long‑term rental income streams.
