Duplex on Double
1475 25th Street Detroit, MI 48216
For Sale
$234,900
Well-maintained duplex with two occupied units, newer electrical meters, fresh exterior paint, and garage/storage with ample parking.
Property Size1,779 SF
Price / SF$132.04
Days on Market94
Property Features for 1475 25th Street
General Information
Standard status
Active
Size
1,779 SF
Property subtype
Multi Family / 2 to 4 Units
Building Details
Year Built
1900
Listing Agency:
eXp Realty, LLC
(562) 505-6324
Listed By:
Cynthia Morfin · License #6501411526
(562) 505-6324
Source:
Compass
Added: Apr 28
Changed: Jul 22
Last Checked: Jul 29 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained duplex is situated on a rare double lot and is configured as two separate residential units, both currently occupied by long-term tenants. The upper unit (1477) offers 4 bedrooms and 1 full bath with a private balcony. The lower unit (1475) offers 3 bedrooms and 1 full bath. The property also includes a garage/storage unit and ample parking. Recent updates include newer electrical meters and fresh exterior paint.
The property is conveniently located near major roads and close to shopping and dining.
As a residential income property, it provides immediate rental income from the existing tenancy and includes exterior and utility updates that support day-to-day maintenance and operations.
The property is conveniently located near major roads and close to shopping and dining.
As a residential income property, it provides immediate rental income from the existing tenancy and includes exterior and utility updates that support day-to-day maintenance and operations.
Key Highlights
- Duplex with both units occupied by long‑term tenants for immediate rental income
- Upper unit: 4 bedrooms and 1 full bath, with a private balcony (1477)
- Lower unit: 3 bedrooms and 1 full bath (1475)
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 | $31.0k | $17.40 |
| − Vacancy | −$1.9k | −$1.07 |
| EGI | $29.0k | $16.33 |
| − OpEx | −$8.7k | −$4.90 |
| NOI | $20.3k | $11.43 |
1,779 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.4K
$254.1K – $338.9K
NOI $20,331 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$266.6K
$233.3K – $311.1K
NOI $18,663 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$392.5K
$343.4K – $457.9K
NOI $27,472 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two occupied units, newer electrical meters, fresh exterior paint, and garage/storage with ample parking.
Where is this duplex located?
The property is located at 1475 25th Street Detroit, MI.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Duplex with both units occupied by long‑term tenants for immediate rental income; Upper unit: 4 bedrooms and 1 full bath, with a private balcony (1477); Lower unit: 3 bedrooms and 1 full bath (1475)
