Updated Tudor
New
For Sale
$350,000
873-875 Beaconsfield Avenue, Grosse Pointe Park, MI 48230
MULTI_FAMILY - Tudor - Grosse Pointe Park, MI
Property Size2,230 SF
Lot Size0.07 Acres
Price / SF$156.95
Days on Market1
Property Features for 873-875 Beaconsfield Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Basement, Bathroom 2, Bedroom 3
Patio and Porch features
Porch
Interior features
9 ft + Ceilings, Ceramic Floors, Hardwood Floors
Exterior features
Porch, Sidewalks, Street Lights
Appliances
Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Subdivision
Denne & Mcallister Jeff Ave Rvrvw Park S
Lot features
Sidewalks
Elementary school district
Grosse Pointe Public Schools
Middle school district
Grosse Pointe Public Schools
High school district
Grosse Pointe Public Schools
Standard status
Active
APN
39-009-01-0214-002
Size
2,230 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
9949
Utilities
Heating system
Oil
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1928
Floors in Building
2
Number of units
2
Architectural style
Tudor
Listing Agency:
Higbie Maxon Agney Inc
(313) 886-3400
Listed By:
Caitlin Kashef
(586) 212-9694
Added: Aug 5
Last Checked: Aug 5 at 9:06PM
MLS# 50217406
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Investment Insights
Based on property information with market context.
Built in 1928, this 2,230-square-foot Tudor duplex occupies a 0.07-acre lot and includes two residential units. The lower unit is vacant, while the other is occupied by a long-term tenant. Interior features include 9 ft + ceilings, ceramic flooring, and refinished hardwood floors, with a basement providing additional space. The property also includes a porch, parking pad, public water, oil heat, and window unit cooling.
Recent work includes replacement of the house and garage roofs, all windows, the boiler, and the hot water heater. Additional improvements include interior and exterior painting, epoxy flooring in the basement, and refinished hardwood floors. Appliances include a dishwasher, dryer, range/oven, refrigerator, and washer. The property is located on Beaconsfield Avenue in Grosse Pointe Park, near Fairfax Market, West Park, and two resident-only lakefront parks; Downtown Detroit is described as 10 minutes away.
Recent work includes replacement of the house and garage roofs, all windows, the boiler, and the hot water heater. Additional improvements include interior and exterior painting, epoxy flooring in the basement, and refinished hardwood floors. Appliances include a dishwasher, dryer, range/oven, refrigerator, and washer. The property is located on Beaconsfield Avenue in Grosse Pointe Park, near Fairfax Market, West Park, and two resident-only lakefront parks; Downtown Detroit is described as 10 minutes away.
Key Highlights
- 2,230‑square‑foot duplex on a 0.07‑acre lot
- 1928 Tudor architecture with 9 ft + ceilings
- Vacant lower unit plus a long‑term tenant in the other 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 | $33.5k | $15.00 |
| − Vacancy | −$2.2k | −$0.98 |
| EGI | $31.3k | $14.03 |
| − OpEx | −$9.4k | −$4.21 |
| NOI | $21.9k | $9.82 |
2,230 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.8K
$273.7K – $364.9K
NOI $21,893 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,103 @ 7.0% cap · market cap 5.74%
Theoretical Best
Specialty Retail
$412.9K
$361.3K – $481.7K
NOI $28,901 @ 7.0% cap · market cap 8.26%
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
774
Businesses Nearby
Explore this area
Business Placement
Demographics for 48230, MI
17,559
Population
7,369
Households
2.4
Avg Household Size
42
Median Age
73%
College-Educated
99%
High-School Grad
3.3 sq mi
ZIP Area
5,321
Density / Sq Mi
$131,155
Median Household Income
$65,716
Median Earnings
$1,451
Median Rent
$448,200
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 - Two-unit Tudor property with a vacant lower apartment and extensive recent improvements.
Where is this duplex located?
The property is located at 873-875 Beaconsfield Avenue Grosse Pointe Park, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,230‑square‑foot duplex on a 0.07‑acre lot; 1928 Tudor architecture with 9 ft + ceilings; Vacant lower unit plus a long‑term tenant in the other unit
