12927 Plymouth Road

—
Beds
4,467 Sq. Ft.
$112 / Sq. Ft.
4,467
Sq. Ft.
$112
per Sq. Ft.

Description

INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance...INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer's agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.
  1. Listed by Behzad Bokani • RE/MAX Dream Properties
    P: (248)-284-3046 C: (248)-284-3046 behzad@bokanigroup.com

Property Details for 12927 Plymouth Road

Architectural Style
1 Story
Subdivision Name
Coon Ave Heights Sub
Waterfront
No
Zoning Description
Multi-Family
LISTING UPDATED: 06/17/2026 03:08 PM

Property Details for 12927 Plymouth Road

StatusActive
MLS #60974364
Days on Market69
Taxes$8,378 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1955
Lot Size0.28 AC / 12,196 SF
CountyWayne County

Location

Listing Courtesy of RE/MAX Dream Properties
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Building Information for 12927 Plymouth Road

Stories1Residences10Year Built1955Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$3,185 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,487

Property Taxes

$698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 12927 Plymouth Road

Summary
Location and General Information
  • Cross Street: S of Plymouth/E of Schaef
  • Directions: South Of Plymouth, East Of Schaefer
  • Latitude: 42.372987
  • Longitude: -83.171391
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I004864C9
  • Tax Annual Amount: $8,378.00
Property
Lot Information
  • Frontage Length: 120.0
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 4467.0
  • Building Area Total: 4467.0
  • Custom 2: Yes
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Bathrooms Total: 10.0
  • Raw Mls Documents Count: 2
  • Raw Mls Lot Size: 120X100
  • Raw Mls Modification Timestamp: 04-28-2026 01:29:01 PM
  • Raw Mls Photos Change Timestamp: 03-06-2026 06:45:34 PM
  • Raw Mls Photos Count: 8
  • Raw Mls Property Sub Type: Multi-Family
  • Raw Mls Stories Total: 1.0
  • Year Built: 1955
Building Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Stories Total: 1
Utilities
  • Utilities: Electricity Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: No
  • Bathrooms Full: 10
  • Bathrooms Total Integer: 10
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Fireplace: No
  • Heating: Baseboard, Electric
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Net Operating Income: $52,000

Property History for 12927 Plymouth Road

DateEvent & SourcePriceAppreciation
Apr 28, 2026

Price Change

MiRealSource #60974364

$499,000—
Mar 6, 2026

Listed (Active)

MiRealSource #60974364

$550,000—
Sep 16, 2022

Sold (Public Record)

Public Record #1499149034

$335,000—
DateEvent & SourcePrice
04/28/2026

Price Change

MiRealSource #60974364

$499,000
03/06/2026

Listed (Active)

MiRealSource #60974364

$550,000
09/16/2022

Sold (Public Record)

Public Record #1499149034

$335,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12927 Plymouth Road

Taxable ValueLand-Additions-Total-
Tax Record2023$20,503 ($1,709 / month)
Home Facts
Total Finished SqFt4,467 SqFtAbove Grade Finished SqFt4,467 SqFtStories1Lot Size12,197 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955ZoningB4CountyWAYNEAPN22004864-9

Schools near 12927 Plymouth Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 12
Public - 6 to 8
Rating
School
Distance
Bates Academy
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

Clippert Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

12927 Plymouth Road is a multi-family home for sale in Detroit, MI 48227. This property was listed for sale on March 6, 2026 by RE/MAX Dream Properties, it's currently listed at $499,000. It has been on the market for a total of 69 days and was last sold on September 16, 2022. This listing's school district is Detroit Public Schools Community District. Nearby schools include Bates Academy, Foreign Language Immersion And Cultural Studies and Detroit International Academy For Young Women. 12927 Plymouth Road is a 0-bed, 10-bath, 4,467 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Dream Properties

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