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    New Boston, MI
    Duplex

    New Boston, MI Duplexes for Sale

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    Romulus, MI Sumpter Twp, MI Flat Rock, MI
    Restaurant, Bar, and Rental Units
    Updated: Apr 28, 2025
    Restaurant, Bar, and Rental Units

    28080 WALTZ Road, New Boston, MI 48164

    $595,000
    3,450 sqft · 0.21 AC lot
    Restaurant and bar with carryout license and all inventory included.
    Two income‑generating rental units located upstairs with appliances included.
    New roof installed in July 2024.
    Established business with a long history and seating capacity of 82.
    Land contract option available with specified terms.
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    This listing looks promising.

    Here's a quick look at some key insights for

    28080 WALTZ Road, New Boston, MI 48164

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $639K
      Above asking

    • Property Type

      Restaurant
      Built 1912
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Boston, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    2288 Vivian Road, Monroe, MI 48162

    $189,900
    1,584 sqft · 0.20 AC lot

    A two-bedroom, two-unit duplex with basement and garage, offering separate living space and straightforward property upkeep.

    View details
    Rebuilt Two-Unit Duplex
    Rebuilt Two-Unit Duplex

    710 E fourth St, Monroe, MI 48161

    $199,900

    Two updated 3-bedroom units with separate heating, laundry hookups, and a fenced shared yard.

    View details
    Updated Duplex with Fenced Yard
    Updated Duplex with Fenced Yard

    320 Hudson St, Wyandotte, MI 48192

    $225,000
    1,900 sqft

    Fully updated duplex with off-street parking, newer major systems, and a full basement for storage or expansion.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    876 Vinewood St, Wyandotte, MI 48192

    $224,900

    Updated two-unit duplex with separate utilities and in-unit appliances for owner-occupants or long-term rental use.

    View details

    New Boston, MI Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in New Boston, MI on our real estate platform. These investment opportunities span a total of 3,450 square feet of properties for sale, with an estimated market value of $595,000.

    Sale prices for duplexes in New Boston, MI start at $595,000, averaging $595,000, and reaching up to $595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 9,577
    Population Growth (5Y) +12.0%
    Median Household Income $111,173
    College Educated 37.1%

    High-Yield Neighborhoods for Investment

    Identify New Boston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48164 $595K

    Taxes & Financing

    Tax Rate (average for all types) 3.77%
    Property Tax per SF $95.87 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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