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1162 Virginia Park St, Detroit, MI, 48202

6beds
2baths
2,540sqft
$309,900
$122price/sqft
$2,887/moest. monthly cost
$115,480/yrincome needed

About This Home

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

Getting Around

60
WalkingSomewhat Walkable
52
TransitGood Transit
69
BikeBikeable

Schools

4/10
4/10
Northwestern High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1913

Materials

  • Roof: Other
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Appliances

  • Laundry features: Gas Dryer Hookup,In Basement

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2

Heating

  • Heating features: Forced Air

Interior Area

  • Total interior livable area: 2,540 sqft

Property

Details

  • Parcel number: 06001823.

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 40 x 171

Parking

  • Total spaces: 2
  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,567$18,804
Home Insurance *$664$7,968
Property Taxes $379$4,548
Electricity $277$3,324
Total$2,887$34,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,982/yr
40% on housing$86,610/yr
45% on housing$76,986/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 48202$125
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48202$92
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-23Listed for sale$309,900
2025-02-06Sold$90,000
2024-02-22Listing removed--
2024-02-20Listed for sale$110,000

For Sale by Agent

AgentStacey Leid
BrokerageGrant and Main, LLC

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