For Sale
1162 Virginia Park Street, Detroit, MI 48202
$309,900
MLS # 26006466 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19130.16 acres
1 / 9
Listing Description
INVESTORS SPECIAL! Fully renovated duplex, both apartments occupied and cash flowing. Each Duplex has been fully renovated including fresh paint throughout, foundation repairs, both units have new HVAC, appliances come with both units, new gutter system, some replacement windows, both kitchens fully remodeled with new cabinets and granite counter tops and both baths have ceramic surrounds and new vanities. DO NOT DISTURB TENANTS
Source: SparkMLS
About this home
Listed at $309,900.
Estimated annual property tax: $642, or about $54 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.16 acres
Year Built1913
Location
CityDetroit
MunicipalityDetroit City
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementFull
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Connected
Sale & Financing
Listed2/22/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$652
Tax Year2025
State Equalized Value$10,000
Assessed Value$10,000
Parcel #06001823.
Source: Public Records
Legal Description
N VIRGINIA PARK 123 VIRGINIA PARK SUB L28 P80 PLATS, W C R 6/125 40 X 171.77A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Stacey Leid
Grant and Main, LLC
Frequently Asked Questions about 1162 Virginia Park Street, Detroit, MI 48202
Which school district serves 1162 Virginia Park Street, Detroit, MI 48202?
Per MLS# 26006466, 1162 Virginia Park Street, Detroit, MI 48202 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26006466, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1162 Virginia Park Street, Detroit, MI 48202?
Per public tax records, annual property taxes for this property are $755 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1162 Virginia Park Street, Detroit, MI 48202 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1162 Virginia Park Street, Detroit, MI 48202 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1162 Virginia Park Street, Detroit, MI 48202?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$642
Monthly$54
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
$
$
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Monthly payment$2,064
Principal & interest$2,010
Property taxes$54
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1162 Virginia Park Street, Detroit, MI 48202
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Neighborhood
Rosa Parks
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Community
Detroit
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County
Wayne County
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