Two-Unit
New
For Sale
$375,000
310 N Scott Street, Dewitt, MI 48820
Resid/Multi-Family, DeWitt, MI
Property Size2,116 SF
Lot Size0.20 Acres
Price / SF$177.22
Days on Market4
Property Features for 310 N Scott Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Zoning
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking
2
Parking features
None
Spa
1
Appliances
Gas Water Heater
Lot features
Back Yard, Few Trees, Front Yard
Elementary school
David Scott Elementary School
Elementary school district
DeWitt
Middle school district
DeWitt
High school district
DeWitt
Directions
Main Street, North on Scott
Standard status
Active
APN
19-200-100-000-119-00
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 119 ASSESSOR'S PLAT-NORTH, CITY OF DEWITT
Legal Description
LOT 119 ASSESSOR'S PLAT-NORTH, CITY OF DEWITT
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer and dryer hookups
central heat and air
front porch
storage shed
Building Details
Year built
1999
Floors in Building
1
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Aluminum Siding
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Coldwell Banker Professionals-E.L. · Coldwell Banker Real Estate
(517) 332-5100
Listed By:
Roger Saadeh · License #6501466630
(517) 410-4047
Added: Oct 12
Changed: Oct 14
Last Checked: Oct 15 at 12:06AM
MLS# 299837
Copyright © 2026 Greater Lansing Association of Realtors. 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.
Built in 1999, this duplex contains two residential units with 2,116 square feet of above-grade space. Each unit has first-floor washer and dryer hookups. Central heating and air conditioning serve the property, and the units have separate utility meters. A front porch and storage shed are also included.
The 0.2-acre property is served by public water and sewer and is located in DeWitt, close to downtown and everyday conveniences. One unit is currently rented.
The 0.2-acre property is served by public water and sewer and is located in DeWitt, close to downtown and everyday conveniences. One unit is currently rented.
Key Highlights
- Two‑unit duplex with 2,116 square feet of above‑grade space
- Built in 1999 on a 0.2‑acre lot
- First‑floor washer and dryer hookups in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,112
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,240
$382.2K
Cap Rate 7%
$273,029
$273.0K
Cap Rate 9%
$212,356
$212.4K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$29.2K $13.80/SF
− Vacancy
−$1.9K −$0.90/SF
EGI
$27.3K $12.90/SF
− OpEx
−$8.2K −$3.87/SF
NOI
$19.1K $9.03/SF
Area
Clinton County, MI
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,240
Cap Rate 7%
$273,029
Cap Rate 9%
$212,356
Alternative Uses
Best Use
Multifamily LT 5
$273.0K
$238.9K – $318.5K
NOI $19,112 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$245.2K
$214.5K – $286.0K
NOI $17,161 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$430.7K
$376.9K – $502.5K
NOI $30,149 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 48820, MI
17,944
Population
7,002
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
97%
High-School Grad
65.8 sq mi
ZIP Area
273
Density / Sq Mi
$106,651
Median Household Income
$60,611
Median Earnings
$1,098
Median Rent
$318,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters and first-floor laundry hookups serve both units.
Where is this duplex located?
The property is located at 310 N Scott Street Dewitt, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,116 square feet of above‑grade space; Built in 1999 on a 0.2‑acre lot; First‑floor washer and dryer hookups in both units
