Two-Unit Duplex with Separate
For Sale
$289,000
20351 E 8 Mile Road, Saint Clair Shores, MI 48080
MULTIFAMILY, Saint Clair Shores, MI
Property Size2,000 SF
Lot Size0.13 Acres
Price / SF$144.50
Days on Market12
Property Features for 20351 E 8 Mile Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bedroom 4
Patio and Porch features
Porch
Interior features
Ceramic Floors, Hardwood Floors
Exterior features
Porch, Sidewalks, Street Lights
Appliances
Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Subdivision
Dalby & Campbell Mack Park # 01
Elementary school district
South Lake Schools
Middle school district
South Lake Schools
High school district
South Lake Schools
Standard status
Active
APN
09-14-33-360-022
Size
2,000 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
6035
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1961
Floors in Building
2
Number of units
2
Architectural style
Colonial
Listing Agency:
RE/MAX First
(586) 799-8000
Listed By:
Kelly Demske
(586) 405-6109
Added: Oct 7
Changed: Oct 16
Last Checked: Oct 18 at 10:06PM
MLS# 50224117
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 duplex contains two matching floor plans across 2,000 square feet. Hardwood floors are present in both units, and each has separate gas, electric, and water meters. One unit has an updated kitchen, bath, wall air conditioning, and a partially finished basement; the other has central air and a kitchen renovation noted. Both have updated PEX plumbing and vinyl windows. The roof is approximately eight years old.
The 0.13-acre property at 20351 E 8 Mile Road has driveways and parking behind the buildings, reached from Parkside. One unit is vacant and available to view; the other is tenant-occupied and may be viewed after an accepted offer.
The 0.13-acre property at 20351 E 8 Mile Road has driveways and parking behind the buildings, reached from Parkside. One unit is vacant and available to view; the other is tenant-occupied and may be viewed after an accepted offer.
Key Highlights
- Two‑unit duplex with 2,000 square feet and matching floor plans
- Each unit has separate gas, electric, and water meters
- One unit includes a partially finished basement, updated kitchen and bath, and wall air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,172
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,440
$423.4K
Cap Rate 7%
$302,457
$302.5K
Cap Rate 9%
$235,244
$235.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$32.4K $16.20/SF
− Vacancy
−$2.2K −$1.08/SF
EGI
$30.2K $15.12/SF
− OpEx
−$9.1K −$4.54/SF
NOI
$21.2K $10.59/SF
Area
Macomb County, MI
Vacancy
6.65%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,440
Cap Rate 7%
$302,457
Cap Rate 9%
$235,244
Alternative Uses
Best Use
Multifamily LT 5
$302.5K
$264.7K – $352.9K
NOI $21,172 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$268.3K
$234.8K – $313.0K
NOI $18,782 @ 7.0% cap · market cap 6.50%
Theoretical Best
Specialty Retail
$374.4K
$327.6K – $436.8K
NOI $26,210 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
Explore this area
Business Placement
Demographics for 48080, MI
22,272
Population
11,424
Households
1.9
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
5,062
Density / Sq Mi
$69,884
Median Household Income
$48,837
Median Earnings
$1,070
Median Rent
$188,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two homes share matching layouts, with individual utility meters and rear parking access from Parkside.
Where is this duplex located?
The property is located at 20351 E 8 Mile Road Saint Clair Shores, MI.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,000 square feet and matching floor plans; Each unit has separate gas, electric, and water meters; One unit includes a partially finished basement, updated kitchen and bath, and wall air conditioning
