Duplex with Separate
For Sale
$264,000
183 Robertson Street, Mount Clemens, MI 48043
MULTIFAMILY, Mount Clemens, MI
Property Size2,565 SF
Lot Size0.25 Acres
Price / SF$102.92
Days on Market47
Property Features for 183 Robertson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Basement, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1
Parking features
Driveway, On Street
Patio and Porch features
Patio
Interior features
Cable/Internet Avail., Hardwood Floors
Exterior features
Patio
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Subdivision
A/P # 06 Mt Clemens
Lot features
Corner Lot, Large Lot - 65+ Ft.
Elementary school district
Mt Clemens Community Schools
Middle school district
Mt Clemens Community Schools
High school district
Mt Clemens Community Schools
Standard status
Active
APN
05-11-14-333-055
Size
2,565 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
7004
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1926
Floors in Building
2
Number of units
2
Architectural style
Conventional
Listing Agency:
Sine & Monaghan Realtors LLC Algonac
(810) 794-5544
Listed By:
Pamela Ceder
(810) 278-0150
Added: Sep 13
Changed: Oct 27
Last Checked: Oct 29 at 4:06AM
MLS# 50221644
Copyright © 2026 Multiple Listing Service MiRealSource. 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 2,565-square-foot duplex, built in 1926, contains two residential units of 1,250 square feet each. Both have separate entrances and a two-bedroom, one-bathroom layout with a full kitchen, formal dining room, living room, and sunroom. Updates include kitchens, bathrooms, lighting, plumbing, and appliances. A basement area is used for storage, alongside a mechanical and laundry room; the lower level could be renovated back into living space. A brick paver patio and walkway provide outdoor space. The property occupies 0.25 acres.
The home is near downtown Mount Clemens and the Clinton River, with area parks, walking and biking trails, shopping, and dining nearby. Interior features include hardwood floors, and cooling is provided by window units.
The home is near downtown Mount Clemens and the Clinton River, with area parks, walking and biking trails, shopping, and dining nearby. Interior features include hardwood floors, and cooling is provided by window units.
Key Highlights
- Two units, each measuring 1,250 square feet, with separate entrances
- Each unit has 2 bedrooms, 1 full bath, kitchen, dining room, living room, and sunroom
- 2,565‑square‑foot property on a 0.25‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,088
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,760
$481.8K
Cap Rate 7%
$344,114
$344.1K
Cap Rate 9%
$267,644
$267.6K
Market Conditions
NOI Build-Up for 2,565 SF
Gross rent
$47.1K $18.36/SF
− Vacancy
−$3.3K −$1.29/SF
EGI
$43.8K $17.07/SF
− OpEx
−$19.7K −$7.68/SF
NOI
$24.1K $9.39/SF
Area
Macomb County, MI
Vacancy
7.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,760
Cap Rate 7%
$344,114
Cap Rate 9%
$267,644
Alternative Uses
Best Use
Multifamily LT 5
$387.9K
$339.4K – $452.6K
NOI $27,153 @ 7.0% cap · market cap 10.29%
Second Best
Apartment 5plus
$344.1K
$301.1K – $401.5K
NOI $24,088 @ 7.0% cap · market cap 9.12%
Theoretical Best
Specialty Retail
$480.2K
$420.2K – $560.3K
NOI $33,615 @ 7.0% cap · market cap 12.73%
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
961
Businesses Nearby
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Business Placement
Demographics for 48043, MI
15,665
Population
7,059
Households
2.2
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
3,821
Density / Sq Mi
$57,315
Median Household Income
$37,683
Median Earnings
$896
Median Rent
$169,000
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 - Each residence has two bedrooms, a full kitchen, a formal dining room, and a sunroom.
Where is this duplex located?
The property is located at 183 Robertson Street Mount Clemens, MI.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: Two units, each measuring 1,250 square feet, with separate entrances; Each unit has 2 bedrooms, 1 full bath, kitchen, dining room, living room, and sunroom; 2,565‑square‑foot property on a 0.25‑acre lot
