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Brick Duplex with Attached Garage
For Sale
$280,000

27099 Demrick Street, Roseville, MI 48066

Multifamily, 1 Story, Roseville, MI

Property Size1,716 SF
Lot Size0.17 Acres
Price / SF$163.17
Days on Market47

Property Features for 27099 Demrick Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Multi-Family,Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Basement, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2
Pets allowed Yes
Subdivision Roseville Farms # 02
Elementary school district Roseville
Middle school district Roseville
High school district Roseville
Directions S on Gratiot Ave, Right on E 11 Mile Rd, Right on Demrick St
Standard status Active
APN 1417352039
Size 1,716 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description ROSEVILLE FARMS #2 N 75 FT LOT4
Tax Annual Amount 7743
Legal Description ROSEVILLE FARMS #2 N 75 FT LOT4

Utilities

Heating system Forced Air
Water source Public

Amenities

fenced yard

Building Details

Year built 1957
Floors in Building 1
Number of units 2
Building materials Brick
Architectural style Ranch
Listing Agency: Vanguard Realty Group
Listed By: Elvis Xhihani · License #6501406468
Added: Aug 27 Changed: Sep 14 Last Checked: Oct 12 at 5:06AM
MLS# 20261068929

Copyright © 2026 Realcomp Limited II. 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 1,716-square-foot duplex contains two residential units, each arranged with two bedrooms and one bathroom. The ranch-style property was built in 1957 with brick construction, forced-air heating, and public water service. One unit includes an attached one-car garage connected by a breezeway, while the other has its own private driveway. A fenced yard adds outdoor space to the 0.17-acre parcel.

The property is located in Roseville, Michigan, within a Multi-Family, Residential zoning designation. The unit addresses are 27099 and 27097 Demrick Street, with parking provided through the attached garage and separate driveway. Basement space is also included among the property’s listed rooms.

Key Highlights

  • Two‑unit duplex with 1,716 square feet of property size
  • Each unit includes 2 bedrooms and 1 bathroom
  • Attached 1‑car garage with breezeway for the 27099 unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,165
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,300 $363.3K
Cap Rate 7%
$259,500 $259.5K
Cap Rate 9%
$201,833 $201.8K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$27.8K $16.20/SF
− Vacancy
−$1.8K −$1.08/SF
EGI
$26.0K $15.12/SF
− OpEx
−$7.8K −$4.54/SF
NOI
$18.2K $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%
$363,300
Cap Rate 7%
$259,500
Cap Rate 9%
$201,833

Alternative Uses

Best Use
Multifamily LT 5
$259.5K
$227.1K – $302.8K (±1% cap)
NOI $18,165 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$230.2K
$201.4K – $268.6K (±1% cap)
NOI $16,115 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$321.3K
$281.1K – $374.8K (±1% cap)
NOI $22,488 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 48066, MI

47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature separate parking options, a fenced yard, and a single-story ranch configuration.
Where is this duplex located?
The property is located at 27099 Demrick Street Roseville, MI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,716 square feet of property size; Each unit includes 2 bedrooms and 1 bathroom; Attached 1‑car garage with breezeway for the 27099 unit
More about this property
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