Two-Unit Duplex with Separate
New
For Sale
$299,000
20351 E 8 Mile Road, Saint Clair Shores, MI 48080
MULTI_FAMILY - Colonial - Saint Clair Shores, MI
Property Size2,000 SF
Lot Size0.13 Acres
Price / SF$149.50
Days on Market2
Property Features for 20351 E 8 Mile Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2
Patio and Porch features
Porch
Interior features
Ceramic Floors, Hardwood Floors
Exterior features
Porch, Sidewalks, Street Lights
Appliances
Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Subdivision
Dalby & Campbell Mack Park # 01
Elementary school district
South Lake Schools
Middle school district
South Lake Schools
High school district
South Lake Schools
Standard status
Active
APN
09-14-33-360-022
Size
2,000 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
6035
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1961
Floors in Building
2
Number of units
2
Architectural style
Colonial
Listing Agency:
RE/MAX First
(586) 799-8000
Listed By:
Kelly Demske · License #291600
(586) 405-6109
Added: Jul 29
Last Checked: Jul 30 at 9:06PM
MLS# 50216609
Copyright © 2026 Multiple Listing Service MiRealSource. 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 two-unit duplex features identical floor plans and hardwood floors in both units. 20351 is currently empty and available for viewing, with a new kitchen (June 2026), freshly painted interior, and new central air (June 2026). The property also includes updated driveways and walkways to both units.
20353 is tenant-occupied and will be available to view only with an accepted offer. Access is from a side street (Parkside) with driveways and parking behind the units. Each unit has its own separate meters for gas, electric, and water.
Additional improvements include an updated kitchen and bath, wall air conditioning, and a partially finished basement in 20353. The roof is approximately 8 years old, and updated PEX plumbing and vinyl windows are present in both units.
20353 is tenant-occupied and will be available to view only with an accepted offer. Access is from a side street (Parkside) with driveways and parking behind the units. Each unit has its own separate meters for gas, electric, and water.
Additional improvements include an updated kitchen and bath, wall air conditioning, and a partially finished basement in 20353. The roof is approximately 8 years old, and updated PEX plumbing and vinyl windows are present in both units.
Key Highlights
- 2‑unit duplex (Colonial style) built in 1961 with identical floor plans
- Unit 20351: new kitchen (June 2026), freshly painted, and new central air (June 2026)
- Updated features in Unit 20353 include updated kitchen and bath, wall A/C, and partially finished basement
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 | $32.4k | $16.20 |
| − Vacancy | −$2.2k | −$1.08 |
| EGI | $30.2k | $15.12 |
| − OpEx | −$9.1k | −$4.54 |
| NOI | $21.2k | $10.59 |
2,000 SF · lease $16.20/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.5K
$264.7K – $352.9K
NOI $21,172 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$268.3K
$234.8K – $313.0K
NOI $18,782 @ 7.0% cap · market cap 6.28%
Theoretical Best
Specialty Retail
$374.4K
$327.6K – $436.8K
NOI $26,210 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
Explore this area
Business Placement
Demographics for 48080, MI
22,272
Population
11,424
Households
1.9
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
5,062
Density / Sq Mi
$69,884
Median Household Income
$48,837
Median Earnings
$1,070
Median Rent
$188,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Identical 2-unit duplex with separate gas, electric, and water meters, plus updated kitchens and new central air in one unit.
Where is this duplex located?
The property is located at 20351 E 8 Mile Road Saint Clair Shores, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2‑unit duplex (Colonial style) built in 1961 with identical floor plans; Unit 20351: new kitchen (June 2026), freshly painted, and new central air (June 2026); Updated features in Unit 20353 include updated kitchen and bath, wall A/C, and partially finished basement
