Brick Duplex with Updated
For Sale
Under Contract
$140,000
14615 - 14617 Winthrop Street, Detroit, MI 48227
Multifamily, 2 Story, Detroit, MI
Property Size1,217 SF
Lot Size0.13 Acres
Price / SF$115.04
Days on Market140
Property Features for 14615 - 14617 Winthrop Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement, Bathroom 1
Pets allowed
Yes
Interior features
Smoke Alarm, Laundry Facility
Exterior features
Fenced
Fencing
Fenced
Subdivision
Rugby
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
North Of Grand River Avenue And West Of Greenfield Road
Standard status
Active Under Contract
APN
W22I052385S
Size
1,217 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
W WINTHROP S 20 FT 114 N 20 FT 115 RUGBY SUB L29 P75 PLATS, WCR 22/18 40 X 143.65
Tax Annual Amount
5774
Legal Description
W WINTHROP S 20 FT 114 N 20 FT 115 RUGBY SUB L29 P75 PLATS, WCR 22/18 40 X 143.65
Utilities
Heating system
Forced Air
Water source
Public
Amenities
in-unit laundry
Building Details
Year built
1929
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Buildings
1
Listing Agency:
EXP Realty Main
(888) 501-7085
Listed By:
Amy Dunlap · License #6501400853
(248) 798-0517
Added: Jun 12
Changed: Oct 25
Last Checked: Oct 29 at 8:06PM
MLS# 20261044307
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.
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Investment Insights
Based on property information with market context.
This two-story brick duplex includes an upper unit at 14617 Winthrop Street and a lower unit at 14615 Winthrop Street. Each apartment has two bedrooms and one bathroom, with renovated kitchens featuring soft-close cabinetry, luxury vinyl plank flooring, updated lighting, refreshed bathrooms, and new carpet in the bedrooms. Both units also include their own laundry room.
The property includes a 1,075-square-foot shared basement, a fenced exterior, asphalt roofing, forced-air heating, and public water. Interior updates were completed in 2026. The 0.13-acre residential property is located in Detroit’s West Side, near major highways, schools, shopping, and parks.
The property includes a 1,075-square-foot shared basement, a fenced exterior, asphalt roofing, forced-air heating, and public water. Interior updates were completed in 2026. The 0.13-acre residential property is located in Detroit’s West Side, near major highways, schools, shopping, and parks.
Key Highlights
- Two‑story brick duplex at 14615 - 14617 Winthrop Street, Detroit, MI 48227
- Each unit includes 2 bedrooms and 1 bathroom
- 2026 interior updates include kitchens, bathrooms, flooring, lighting, and bedroom carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,299
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,980
$246.0K
Cap Rate 7%
$175,700
$175.7K
Cap Rate 9%
$136,656
$136.7K
Market Conditions
NOI Build-Up for 1,217 SF
Gross rent
$24.1K $19.80/SF
− Vacancy
−$1.7K −$1.43/SF
EGI
$22.4K $18.37/SF
− OpEx
−$10.1K −$8.27/SF
NOI
$12.3K $10.11/SF
Area
ZIP 48227
Vacancy
7.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,980
Cap Rate 7%
$175,700
Cap Rate 9%
$136,656
Alternative Uses
Best Use
Multifamily LT 5
$198.0K
$173.3K – $231.0K
NOI $13,860 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$175.7K
$153.7K – $205.0K
NOI $12,299 @ 7.0% cap · market cap 8.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
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Business Placement
Demographics for 48227, MI
40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer modern finishes, private laundry rooms, and a shared basement in Detroit’s West Side.
Where is this duplex located?
The property is located at 14615 - 14617 Winthrop Street Detroit, MI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two‑story brick duplex at 14615 - 14617 Winthrop Street, Detroit, MI 48227; Each unit includes 2 bedrooms and 1 bathroom; 2026 interior updates include kitchens, bathrooms, flooring, lighting, and bedroom carpet
