Duplex with Separate
17215 and 17219 Sioux St Detroit, MI 48224
For Sale
$219,900
Two renovated units feature separate basements, utilities, and garages, with new furnaces, plumbing, kitchens, and updated bathrooms.
Property Size1,964 SF
Lot Size0.15 Acres
Price / SF$111.97
Days on Market92
Property Features for 17215 and 17219 Sioux St
General Information
Standard status
Active
Size
1,964 SF
Lot size
0.15 Acres
Property subtype
Investment
Building Details
Year Built
1944
Listing Agency:
JNA Real Estate
(734) 497-5558
Listed By:
Rashad Elabed · License #6501406301
(734) 497-5558
Source:
Elliman
Added: Apr 28
Changed: Jul 22
Last Checked: Jul 28 at 1:50PM
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 JNA Real Estate
Investment Insights
Based on property information with market context.
This duplex offers two distinct, well-finished units at 17215 and 17219 Sioux St. The property is set up for straightforward operations with true unit separation, including separate basements with separate utilities. Both basements are reported dry and usable. Each unit includes updated interiors with brand new furnaces, new plumbing, new kitchens with granite countertops, new stainless steel appliances, and new carpet, along with fresh paint throughout.
The bathrooms have been redone with tile, tubs, vanities, and toilets to provide a finished look. Outside, the property also provides separate garages for practical parking and storage. Additional infrastructure updates include new sewer lines, supporting easier long-term maintenance. The combined layout is reported as 1,964 sq ft on a 6,408 sq ft lot, and the home is described as having 5 bedrooms and 2 baths total.
Current rent is noted as $1,200 per unit. A buyer can request full details and schedule a showing to review the unit-by-unit updates, separation, and current income profile firsthand.
The bathrooms have been redone with tile, tubs, vanities, and toilets to provide a finished look. Outside, the property also provides separate garages for practical parking and storage. Additional infrastructure updates include new sewer lines, supporting easier long-term maintenance. The combined layout is reported as 1,964 sq ft on a 6,408 sq ft lot, and the home is described as having 5 bedrooms and 2 baths total.
Current rent is noted as $1,200 per unit. A buyer can request full details and schedule a showing to review the unit-by-unit updates, separation, and current income profile firsthand.
Key Highlights
- Two‑unit multifamily built in 1944 at 17215 and 17219 Sioux Street in Detroit
- Each unit rents for $1,200, with 1,964 sq ft total and a 6,408 sq ft lot
- Both units have brand new furnaces, new plumbing, new kitchens with granite, new stainless steel appliances, and new carpet
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 | $29.5k | $15.00 |
| − Vacancy | −$1.8k | −$0.93 |
| EGI | $27.6k | $14.07 |
| − OpEx | −$8.3k | −$4.22 |
| NOI | $19.3k | $9.85 |
1,964 SF · lease $15.00/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.4K
$241.9K – $322.5K
NOI $19,350 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$254.5K
$222.7K – $296.9K
NOI $17,816 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$495.4K
$433.5K – $578.0K
NOI $34,677 @ 7.0% cap · market cap 15.77%
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 - Two renovated units feature separate basements, utilities, and garages, with new furnaces, plumbing, kitchens, and updated bathrooms.
Where is this duplex located?
The property is located at 17215 and 17219 Sioux St Detroit, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit multifamily built in 1944 at 17215 and 17219 Sioux Street in Detroit; Each unit rents for $1,200, with 1,964 sq ft total and a 6,408 sq ft lot; Both units have brand new furnaces, new plumbing, new kitchens with granite, new stainless steel appliances, and new carpet
