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About This Home

This 4-bedroom, 0-bathroom residential multi family at 1038 Parker Street in Detroit, MI is listed for $499,000. Built in 1920, on a 0.22 acres lot.

Agent Description

3-unit home in West Village under $500K offering income potential and flexible layout in one of Detroit's most walkable historic neighborhoods. With 3,800 approximate sqft and a 60x157 lot, this 1920 gem combines charm, space, and rare versatility. Currently configured as a triplex, this property includes two finished units: Unit #2 (second floor)

offers 2 bedrooms, 2 full baths, a large living room, dining area, and updated kitchen with hardwood floors. Unit #3 (third floor) features a living room, kitchen, dining space, and full bath. The entry level has been gutted and is ready for a custom design-ideal for owner-occupants, additional rental income, or a grand single-family conversion.

Historic details remain, including original hardwoods and a fireplace on the main floor. A rear porch off the entry level leads to a deep backyard with gardens, fruit trees, and a rain barrel setup. The 5-car garage with alley access is a major bonus in the W West Village, where alley-entry garages are part of the charm.

Walk to local restaurants and Bistros, the Detroit Riverfront, and multiple parks. Whether you're seeking an investment, a multi-generational layout, or a single-family home with room to grow, this West Village opportunity is one of a kind for character, flexibility,design and walkability. ________________________________________

Key Features

  • Built in 1920
  • 0.22 acre lot
  • 5 parking spaces

Property Details

4 full, 1 half
5 spaces
1920

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

1038 Parker Street

Detroit, MI 48214

Parkers Resub

Property Details

Construction

Brick

Heating

SteamHot Water(Heating)

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 1038 Parker Street is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.22 acre lot, 5 parking spaces.

This property is listed by E'toile O'Rear-Libbett and can be reached at 2484703462 or etoilelibbett@hotmail.com.

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EO

E'toile O'Rear-Libbett

Agent at Starlite Properties

(248) 470-3462

Listed by Starlite Properties

MLS# 25059644· Source: listhub· Updated 138 days ago

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1038 Parker Street, Detroit, MI 48214

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