Renovated Multi-Unit Conversion
89 Hague Detroit, MI 48202
For Sale
$384,900
MULTI_FAMILY - Other - Detroit, MI
Property Size3,013 SF
Lot Size0.11 Acres
Price / SF$127.75
Days on Market28
Property Features for 89 Hague
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2, Laundry Room, Bathroom 2
Patio and Porch features
Patio, Deck
Interior features
Entrance Foyer
Fencing
Fenced
Fireplace
1
Standard status
Active
APN
01002666.
Size
3,013 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3133
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1905
Floors in Building
3
Flooring type
Carpet, Vinyl, Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
RE/MAX Connection - Detroit
(248) 505-2509
Listed By:
Dennis Jakub
(248) 505-2509
Added: Jun 30
Changed: Jul 24
Last Checked: Jul 27 at 11:06AM
MLS# 11858929
Copyright © 2026 My State MLS. 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.
Freshly renovated 5-bedroom, 3.5-bath residence on a full basement with an open-concept living area and kitchen. The basement includes one bedroom, a full bath, separate laundry room, and a utility room, with an egress window addition noted as supporting a separate living unit. A detached two-car garage and backyard space are included, and the property retains exterior staircases intended to complete separate unit access. The home has been recently rezoned with a stated plan for a future three-unit conversion, and an additional accessory dwelling unit above the detached garage is mentioned as a possibility; buyers should verify permits, zoning, and municipal approvals.
Located in Detroit’s historic North End at 89 Hague (48202), the property is described as just over a mile from Wayne State University and close to parks, schools, shopping, and major amenities. The seller is described as motivated and willing to provide seller credits toward completion of the multi-unit conversion.
Located in Detroit’s historic North End at 89 Hague (48202), the property is described as just over a mile from Wayne State University and close to parks, schools, shopping, and major amenities. The seller is described as motivated and willing to provide seller credits toward completion of the multi-unit conversion.
Key Highlights
- Freshly renovated 5‑bedroom, 3.5‑bath home with entrance foyer and mixed flooring including hardwood, carpet, and vinyl
- Fully renovated basement with open living/kitchen area, 1 bedroom, full bath, separate laundry room, and utility room
- Future multi‑unit conversion planned: recently rezoned and configured for a future three‑unit conversion, plus potential ADU above the detached 2‑car garage (buyer to verify approvals)
Financial Insights For Apartment 5plus
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 | $61.5k | $20.40 |
| − Vacancy | −$4.0k | −$1.33 |
| EGI | $57.5k | $19.07 |
| − OpEx | −$25.9k | −$8.58 |
| NOI | $31.6k | $10.49 |
3,013 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$451.5K
$395.1K – $526.8K
NOI $31,608 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.7K
$581.6K – $775.5K
NOI $46,528 @ 7.0% cap · market cap 12.09%
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?
Single family property - Freshly renovated 5-bedroom, 3.5-bath home with a full basement, detached two-car garage, and rezoning for a future three-unit conversion.
Where is this single family property located?
The property is located at 89 Hague Detroit, MI.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Freshly renovated 5‑bedroom, 3.5‑bath home with entrance foyer and mixed flooring including hardwood, carpet, and vinyl; Fully renovated basement with open living/kitchen area, 1 bedroom, full bath, separate laundry room, and utility room; Future multi‑unit conversion planned: recently rezoned and configured for a future three‑unit conversion, plus potential ADU above the detached 2‑car garage (buyer to verify approvals)
