1728 Parker St, Detroit, MI 48214

Description

Open house! Sunday, May 31st from 1pm-3pm. Exceptional multi-family opportunity in Detroit’s historic West Village providing optionality for a primary residence and/or highly attractive long-term or short-term rental opportunity. Features two beautifully appointed units, original hardwood floors, and an unbeatable location just steps from some of the city’s best bars and coffee shops, award-winning restaurants, and iconic architecture. Both units offer three bedrooms, two full baths, and abundant natural light throughout. The upper unit features a spacious primary suite with an additional bonus room off the closet, ideal for an office, nursery, or dressing room. The lower unit boasts three expansive common living areas along with a welcoming covered front porch perfect for relaxing. Outside, a generous backyard provides ample outdoor space, while the two-car garage adds everyday convenience. Currently operated as a successful short-term rental (performance figures available upon request), the property previously generated $3,900/month as a full-home long-term rental from 2020–2021 and $2,140/month for the upstairs unit alone from 2022–2024 (the lower unit was short-term rented during this time). The current owners have appreciated the flexibility this property offers thanks to its exceptional location and timeless character—both short-term and long-term renting have been successful. A new roof in 2022, a replacement furnace in 2024, and a renovated kitchen and bathroom headline the improvements made to the property. Whether you’re looking to owner-occupy one unit while generating income from the other, or add a turnkey investment property to your portfolio, this is a rare opportunity in one of Detroit’s most sought-after historic neighborhoods.