1759 Parker Street
Detroit, MI 48214

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Description

This three-unit property offers immediate cash flow with a proven rental mix. 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 all new HVAC, electrical, plumbing systems, and appliances offering peace of mind and low maintenance for years to come. Additional highlights include off-street parking via a rear parking pad accommodating up to two vehicles.Situated on a picturesque, tree-lined street, Historic West Village is celebrated for its timeless architecture and strong community feel. Just moments from Indian Village and steps from the energy of Little Village, residents enjoy easy access to a growing mix of boutique shops, restaurants, cultural destinations, and everyday conveniences. Whether you're looking to expand your investment portfolio or house-hack in one of Detroit's most desirable neighborhoods, this is a standout opportunity.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48214
• Year Built: 1909
• School District: Detroit
• Basement: Yes
• Lot Size: 5227 sq ft lot
• Association: Yes
• Association Amenities: Pets Allowed
• Construction Materials: Brick, Wood Siding
• Directions: South of Kercheval, East of Van Dyke, on the west side of Parker Street
• Gross Income: 77000
• Heat Source: Natural Gas
• Heating: Forced Air
• Lot Size Area: 0.12
• Lot Size Square Feet: 5227.2
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Multi Family
• Parcel Number: W17I009112S
• SEV: 197000
• Street Type: Paved
• Tax Annual Amount: 4644
• Tax Legal Description: W PARKER 11 HARTS RE-SUB L22 P86 PLATS, W C R 17/219 32 X 158.42
• Total Approx Sq Ft All Bldgs: 2226
• Total Num Units: 3
• Util Availat Street: Public Sewer
• Water Source: Public