Turnkey Duplex with Two 2BR
14615 - 14617 Winthrop Street Detroit, MI 48227
For Sale
$199,000
MULTI_FAMILY - Detroit, MI
Property Size1,217 SF
Lot Size0.13 Acres
Price / SF$163.52
Days on Market49
Property Features for 14615 - 14617 Winthrop Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1
Pets allowed
Yes
Interior features
Smoke Alarm, Laundry Facility
Exterior features
Fenced
Fencing
Fenced
Standard status
Active
APN
W22I052385S
Size
1,217 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
W WINTHROP S 20 FT 114 N 20 FT 115 RUGBY SUB L29 P75 PLATS, WCR 22/18 40 X 143.65
Tax Annual Amount
5774
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1929
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
EXP Realty Main
(888) 501-7085
Listed By:
Amy Dunlap · License #6501400853
(888) 501-7085
Added: Jun 12
Changed: Jul 29
Last Checked: Jul 30 at 10:06AM
MLS# 20261044307
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey duplex at 14615–14617 Winthrop Street features a solid brick exterior and two independent units. The lower unit (14615) and upper unit (14617) each provide two bedrooms and one bathroom, with new finishes completed in 2026. Updates include a modern kitchen with soft-close cabinets and appliances scheduled to convey at closing, bright living spaces with natural light, and luxury vinyl plank flooring along with new lighting. Each unit also has fully renovated bathrooms and two-bedroom carpet updates, plus its own dedicated laundry room with a washer and dryer scheduled to convey at closing. A shared basement offers approximately 1,075 square feet of additional space.
The property sits on a 0.13-acre lot within residential zoning. Public remarks note convenient proximity to major highways, schools, shopping, and parks. Audio/video is listed as being on the property.
For buyers seeking a residential income property with two separately arranged units, this configuration supports straightforward owner-occupant or investor use. The combination of unit-level laundry and the 2026 completion of interior updates helps reduce turnover friction and supports immediate livability for tenants or personal use. The offering is presented as a for-sale duplex with closing terms to include specified appliances and laundry equipment.
The property sits on a 0.13-acre lot within residential zoning. Public remarks note convenient proximity to major highways, schools, shopping, and parks. Audio/video is listed as being on the property.
For buyers seeking a residential income property with two separately arranged units, this configuration supports straightforward owner-occupant or investor use. The combination of unit-level laundry and the 2026 completion of interior updates helps reduce turnover friction and supports immediate livability for tenants or personal use. The offering is presented as a for-sale duplex with closing terms to include specified appliances and laundry equipment.
Key Highlights
- Solid brick duplex built in 1929 with 2 units: lower 14615 and upper 14617
- Each unit has 2 bedrooms and 1 bathroom
- New finishes completed in 2026, with fully renovated bathrooms in each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $17.40 |
| − Vacancy | −$1.4k | −$1.13 |
| EGI | $19.8k | $16.27 |
| − OpEx | −$5.9k | −$4.88 |
| NOI | $13.9k | $11.39 |
1,217 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$198.0K
$173.3K – $231.0K
NOI $13,860 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$175.7K
$153.7K – $205.0K
NOI $12,299 @ 7.0% cap · market cap 6.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex updated with new finishes in 2026, offering two separate 2-bedroom, 1-bath living arrangements.
Where is this duplex located?
The property is located at 14615 - 14617 Winthrop Street Detroit, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Solid brick duplex built in 1929 with 2 units: lower 14615 and upper 14617; Each unit has 2 bedrooms and 1 bathroom; New finishes completed in 2026, with fully renovated bathrooms in each unit
