1473 Taylor Street

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Address: 1473 Taylor St, Detroit, MI 48206, USA
Chicago & Midwest + Apartment Buildings
Created date: May 5, 2026
Date last updated: September 28, 2026
Price: $89,900Investment Analyzer NEW!

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $89,900
No. of Units: 6
Year Built: 1916
Lot Size: 3,220.00 Sq ft
Opportunity Zone: No
Price per unit: $14,983
Property Website Click Here
Number of Bedrooms: 12
Number of Bathrooms: 6
Address: 1473 Taylor Street, Detroit, MI 48206, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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