Well-Maintained Duplex in
27099 Demrick Street Roseville, MI 48066
For Sale
$290,000
MULTI_FAMILY - Ranch - Roseville, MI
Property Size1,716 SF
Lot Size0.17 Acres
Price / SF$168
Days on Market155
Property Features for 27099 Demrick Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Multi-Family,Residential
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 2
Pets allowed
Yes
Standard status
Active
APN
1417352039
Size
1,716 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
ROSEVILLE FARMS #2 N 75 FT LOT4
Tax Annual Amount
7743
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1957
Floors in Building
1
Number of units
2
Building materials
Brick
Architectural style
Ranch
Listing Agency:
Vanguard Realty Group
(248) 650-6206
Listed By:
Elvis Xhihani · License #6501406468
(248) 650-6206
Added: Feb 25
Changed: Jul 30
Last Checked: Jul 30 at 9:06AM
MLS# 20261011245
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 well-maintained duplex presents an opportunity for investors or owner-occupants. Each of the two units includes 2 bedrooms and 1 bathroom. One unit, 27099, features an attached 1-car garage with a breezeway, while the other, 27097, offers a private driveway for parking. The property, situated on a 0.17-acre lot, also includes a fenced yard. The property is located in Roseville, MI. The property is zoned for Multi-Family and Residential use. The property size is 1,716 square feet. This income-producing property has room to increase rents and boost NOI.
Key Highlights
- Duplex built in 1957 with a ranch architectural style
- Brick construction with forced‑air heating
- Each unit offers 2 bedrooms and 1 bathroom
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 | $27.8k | $16.20 |
| − Vacancy | −$1.8k | −$1.08 |
| EGI | $26.0k | $15.12 |
| − OpEx | −$7.8k | −$4.54 |
| NOI | $18.2k | $10.59 |
1,716 SF · lease $16.20/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.5K
$227.1K – $302.8K
NOI $18,165 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$230.2K
$201.4K – $268.6K
NOI $16,115 @ 7.0% cap · market cap 5.56%
Theoretical Best
Specialty Retail
$321.3K
$281.1K – $374.8K
NOI $22,488 @ 7.0% cap · market cap 7.75%
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 - Roseville duplex: two units, fenced yard, income potential.
Where is this duplex located?
The property is located at 27099 Demrick Street Roseville, MI.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Duplex built in 1957 with a ranch architectural style; Brick construction with forced‑air heating; Each unit offers 2 bedrooms and 1 bathroom
