7239 Barrie Street, Dearborn, MI 48126
MULTI_FAMILY - Other - Dearborn, MI
- Added:
- May 1, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 17 at 3:06 am
Property Features for 7239 Barrie Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4
- Parking
- 2
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 32821006331021
- Size
- 1,912 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- LOT 90 INCLUDING HALF OF THE VACATED ALLEY IN THE REAR THEREOF WARREN VINEYARDS SUB
- Tax Annual Amount
- 3315
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Zainab Jaafar-Chami License #6501416020 (248) 737-6800
Listing office RE/MAX Classic 42078 Ford Rd, Farmington Hills, MI (734) 459-1010
Listing date May 1, 2026
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.
HighLights
- Fully renovated in 2026, a turn‑key property with modern updates.
- Two separate units, each with 2 bedrooms, 1 bath, and a kitchen.
- Prime Dearborn location near shopping, dining, parks, and schools.
- New roof, furnace, gutters, soffits, appliances, and two new water heaters.
- Updated kitchens with granite countertops, updated bathrooms, LVP flooring, and fresh paint throughout.
- Detached 2‑car garage and fenced yard.
Overview
Local 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 | $28.7k | $15.00 |
| − Vacancy | −$1.9k | −$0.98 |
| EGI | $26.8k | $14.03 |
| − OpEx | −$8.0k | −$4.21 |
| NOI | $18.8k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.193375
- Latitude
- 42.344414
