Renovated Multifamily
For Sale
Contact for pricing
650 Virginia Park St, Detroit, MI 48202
Virginia Park is a 1966-built apartment community renovated in 2018 with onsite laundry and 21 residential units.
Property SizeContact for details
Days on Market108
Property Features for 650 Virginia Park St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
21
Building Details
Year Built
1966
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Global Real Estate Advisors (GREA)
Listed By:
Cary Belovicz · License #MI 6502406329
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 20 at 7:29PM
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 Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
Virginia Park is a multifamily apartment community built in 1966 and renovated in 2018. The property contains 21 residences, including 19 one-bedroom units and 2 two-bedroom units. Units are described as featuring hardwood flooring, ample lighting, and generous closet space, with onsite laundry facilities available for residents. Select units also offer balconies.
The property is located in Detroit’s New Center district at 650 Virginia Park St. The remarks indicate convenient access to Downtown Detroit, Midtown, and major freeways including I-75, M-10, and I-94.
As described, Virginia Park is positioned near several cultural and entertainment destinations, including the Fisher Building, Motown Museum, and the Henry Ford Health Campus, and is also within reach of dining and local shops. Public transit access is noted in the remarks.
The property is located in Detroit’s New Center district at 650 Virginia Park St. The remarks indicate convenient access to Downtown Detroit, Midtown, and major freeways including I-75, M-10, and I-94.
As described, Virginia Park is positioned near several cultural and entertainment destinations, including the Fisher Building, Motown Museum, and the Henry Ford Health Campus, and is also within reach of dining and local shops. Public transit access is noted in the remarks.
Key Highlights
- Virginia Park is a 1966‑built apartment community renovated in 2018.
- 21 total residences: 19 one‑bedrooms (avg. 650 SF) and 2 two‑bedrooms (avg. 750 SF).
- Units feature hardwood flooring, ample lighting, and generous closet space.
Property Analytics
Current Use
Lease Details
21
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,471
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Apartment building - Virginia Park is a 1966-built apartment community renovated in 2018 with onsite laundry and 21 residential units.
Where is this apartment building located?
The property is located at 650 Virginia Park St Detroit, MI.
What are key features of this property?
This property features: Virginia Park is a 1966‑built apartment community renovated in 2018.; 21 total residences: 19 one‑bedrooms (avg. 650 SF) and 2 two‑bedrooms (avg. 750 SF).; Units feature hardwood flooring, ample lighting, and generous closet space.
