Listed By:
RE/MAX Leading Edge - 7344048800
Address
1473 Taylor Street, Detroit, MI
Price
$ 89,900
Property Attributes
  • ID#20261000538
  • TypeMulti-Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Livernois I756 Gd River
  • NeighborhoodBESSENGER & MOORES SUB
  • Zip48206
  • StyleHistoric
  • Year Built1916
  • Taxes$ 51
  • Price$ 89,900
  • Bedrooms12
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3220
  • Lot Size0.16 Acres
Data Source:
RealComp
Property Description

**OPPORTUNITY** This MASSIVE 6 unit Virginia Park multi-family property is looking for a new owner to bring it back to its former glory! The property currently features 6 2-bedroom units and has space to add 2 additional 1 bedroom units in the walk-up attic space. The property does require a full rehab but could be an absolute cash-cow once completed, as the units should rent for at least $1,200/month each, meaning you could generate over 110K in rental income per year! Located less than a block away from the Herman Kiefer project and 2 blocks from the Lodge freeway, this is an absolutely prime location! 5+ unit properties are extremely rare in the greater New Center area so take advantage of this incredible opportunity while you can! CASH OR HARD MONEY ONLY, NO SELLER FINANCING.

Price History
1/20/2026 Listed $89,900

General Features

Sewer PublicSewer, SewerAtStreet
Heating ForcedAir, NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered, Porch
Architectural Style Historic
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1916
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 80640.0
Operating Expense 34560.0
New Construction No
Property Type ResidentialIncome
HOA No
Attached Garage No
Subdivision Name BESSENGER & MOORES SUB
Garage Y/N No
Full Baths 6
Status Active
Directions From Rosa Parks Blvd turn East on Taylor
City DetroitCity_Wayne
Disclosures AnnualPropertyOperatingDataNotAvailable, ConformstoZoning, ProjectedIncome, TaxesNotHomesteadExempt
Senior Community Y/N No
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 6
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 51.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 600
Expected Active Date 2026-01-20
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATS, W C R 6/4 54 X 127

Interior Features

Basement Full, Unfinished, WalkOutAccess
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 3220.0
LivingAreaSource PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 6

Exterior Features

Water Source Public, WateratStreet
Foundation Details Basement, BrickMortar
Spa No
Lot Dimensions 54.00 x 127.00
Lot Size Acres 0.16
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via REMAX Leading Edge and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 21, 2026 4:53 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48206

Price
AVG $180K
$90K
Taxes
AVG $3,098
$51
Year Built
AVG 1921
1916
Visits
AVG 172
479
Data Provided by Inside Real Estate®