Updated Duplex with 2-Car
216 N Genesee Street Davison, MI 48423
216 N Genesee Street, Davison, MI, 48423
$260,000
Pending
For Sale
$260,000
Pending
MULTI_FAMILY - Davison, MI
Property Size1,568 SF
Lot Size0.20 Acres
Days on Market53
Property Features for 216 N Genesee Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch, Deck
- Interior features
- Cable/Internet Avail., Walk-In Closet
- Exterior features
- Deck, Porch, Sidewalks, Street Lights
- Appliances
- Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
- Standard status
- Pending
- APN
- LOT 31 BLK D MAP OF THE VILLAG
- Size
- 1,568 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4494
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
Keller Williams First
(810) 515-1503
10785 S Saginaw St Suite E, Grand Blanc, MI
Listed by
David Bowles · License #FAAR
(810) 341-3587
Added: May 28 Checked: Jul 19 at 6:06 pm
MLS# 50209238
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.
Investment Insights
Based on property information with market context.
This duplex offers two separate units, each with 2 bedrooms, 1 bathroom, and laundry. The property includes a spacious 2-car garage with workshop space. Interior updates include updated flooring, a refreshed kitchen in the downstairs unit, and a whole new kitchen in the upstairs unit. Furnishings may be available upon negotiation.
The home is located in Davison, Michigan at 216 N Genesee Street. Seller-documented improvements include a new roof in 2023, new windows throughout in 2022, an A/C system in 2022, and an updated electrical panel in 2022. Additional work includes a new driveway in 2025 and a whole new sewer drain line in 2026, along with new appliances associated with the kitchen updates.
The layout supports multiple living and renting options, including occupying one unit while renting the other, or housing long-term tenants. Because each unit has its own bedrooms, bathroom, and laundry, it can also be suited to short-term or traveling-stay arrangements, subject to the buyer’s intended operating plan and applicable rules. Overall, the combination of unit-level features and completed major improvements makes this a practical duplex for an owner-operator or a buyer seeking a manageable, two-unit residential income asset.
The home is located in Davison, Michigan at 216 N Genesee Street. Seller-documented improvements include a new roof in 2023, new windows throughout in 2022, an A/C system in 2022, and an updated electrical panel in 2022. Additional work includes a new driveway in 2025 and a whole new sewer drain line in 2026, along with new appliances associated with the kitchen updates.
The layout supports multiple living and renting options, including occupying one unit while renting the other, or housing long-term tenants. Because each unit has its own bedrooms, bathroom, and laundry, it can also be suited to short-term or traveling-stay arrangements, subject to the buyer’s intended operating plan and applicable rules. Overall, the combination of unit-level features and completed major improvements makes this a practical duplex for an owner-operator or a buyer seeking a manageable, two-unit residential income asset.
Key Highlights
- Duplex with two units; each unit has 2 bedrooms, 1 bathroom, and in‑unit laundry setup
- Major updates include new roof (2023), new windows throughout (2022), and A/C system (2022)
- Electrical and plumbing upgrades: updated electrical panel (2022) and new sewer drain line (2026)
Local 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 | $20.3k | $12.96 |
| − Vacancy | −$1.1k | −$0.69 |
| EGI | $19.2k | $12.27 |
| − OpEx | −$5.8k | −$3.68 |
| NOI | $13.5k | $8.59 |
1,568 SF · lease $12.96/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$192.4K
$168.4K – $224.5K
NOI $13,468 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$171.7K
$150.2K – $200.3K
NOI $12,016 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$329.9K
$288.7K – $384.9K
NOI $23,096 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two 2-bedroom units with laundry, plus recent major exterior and system updates.
Where is this duplex located?
The property is located at 216 N Genesee Street Davison, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Duplex with two units; each unit has 2 bedrooms, 1 bathroom, and in‑unit laundry setup; Major updates include new roof (2023), new windows throughout (2022), and A/C system (2022); Electrical and plumbing upgrades: updated electrical panel (2022) and new sewer drain line (2026)
