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113 Julian Street, Brooklyn, MI, 49230
Two-Unit Duplex with Fenced Yard

113 Julian Street Brooklyn, MI 49230

For Sale
$169,900

MULTI_FAMILY - Brooklyn, MI

Property Size1,563 SF
Lot Size0.20 Acres
Price / SF$108.70
Days on Market341

Property Features for 113 Julian Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 3
Parking 4
Basement Full
Standard status Active
APN 000-19-24-428-016-02
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 69 EXC THE E 100 FT THEREOF. ALSO THE S 1/2 OF LOT 70 EXC THE E 100 FT THEREOF. ORIGINAL PLAT OF THE VILLAGE OF BROOKLYN
Tax Annual Amount 2

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1908
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Executive Brokers Residential and Commercial Real Estate
Listed By: Michael Kendall · License #6506048214
Added: Aug 22, 2025 Changed: Jul 25 Last Checked: Jul 28 at 2:06PM
MLS# 25042946

Copyright © 2026 Michigan Regional Information Center, LLC. 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 two-unit duplex at 113 Julian Street in the Village of Brooklyn offers a practical live-in and rental layout. The lower unit is a 2-bedroom, 1-bath home that is currently occupied, and the upper unit is a 1-bedroom, 1-bath home that is vacant. The lower unit has remained occupied through July 2026, and both units are described as having been kept in good condition.

The property includes a large, fenced back yard that tenants can enjoy. It is also positioned close to the Downtown Brooklyn area, with local shops and restaurants within a short distance.

With one unit vacant and the other unit continuing occupancy through mid-2026, the building lends itself to an owner-occupied scenario while still maintaining rental income from the lower unit.

Key Highlights

  • 2‑unit duplex in the Village of Brooklyn, built in 1908
  • Lower unit: 2 bed/1 bath, about 1,000 sq ft, rented at about $1,100/mo; tenant occupied through July 2026
  • Upper unit: 1 bed/1 bath, about 563 sq ft, listed at about $700/mo; unit is vacant

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 $15.9k $10.20
− Vacancy −$1.2k −$0.77
EGI $14.7k $9.44
− OpEx −$4.4k −$2.83
NOI $10.3k $6.60
1,563 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$147.5K
$129.0K – $172.1K (±1% cap)
NOI $10,323 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$138.5K
$121.2K – $161.6K (±1% cap)
NOI $9,697 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$249.5K
$218.3K – $291.1K (±1% cap)
NOI $17,466 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit duplex with a vacant upper unit and a fenced back yard.
Where is this duplex located?
The property is located at 113 Julian Street Brooklyn, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 2‑unit duplex in the Village of Brooklyn, built in 1908; Lower unit: 2 bed/1 bath, about 1,000 sq ft, rented at about $1,100/mo; tenant occupied through July 2026; Upper unit: 1 bed/1 bath, about 563 sq ft, listed at about $700/mo; unit is vacant
More about this property
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